With Apple’s plans to exit China, its Taiwanese supplier Foxconn to invest $1 billion in India in iPhone manufacturing unit
Foxconn to expand its iPhone produciton unit in Tamil Nadu with $1 billion investment to make more models as Apple moves out of China
Currently, Samsung and OnePlus import televisions from Vietnam and China respectively for Indian markets.
Union govt unveils three schemes worth Rs 50,000 crore to make India self-reliant in electronics manufacturing
Union IT minister Ravi Shankar Prasad releases detailed guidelines about the three new initiatives to promote electronics manufacturing
Indian PPE industry has grown to a Rs 10,000 crore industry in just two months, eyes export market after fulfilling domestic demand: Report
The coronavirus crisis has transformed once a moribund PPE industry and catapulted it on an unprecedented growth trajectory
From lack of domestic manufacturers to becoming 2nd largest producer of PPE suits, India shows the way
On May 18, Union Textile Minister Smriti Irani had tweeted that the production of PPE body coveralls had crossed 4.5 lacs per day.
Economic Imperialism: This is how China is trying to bully countries into submission using its economic prowess
China has now decided to use its economic clout to threaten the world into submission.
Yogi Adityanath trying to woo companies moving out of China amidst Coronavirus pandemic, over 100 US companies shown interest: UP Minister
Yogi Adityanath held a video-conference with over 100 American companies yesterday and they have shown interest, informed the minister.
With the coronavirus pandemic, China has lost the faith of the world. Many nations are now keen to shift their manufacturing dependency away from China.
Coronavirus fallout: 1000 foreign firms plan production in India as concerns grow about China, claim reports
Around a thousand foreign companies are contemplating shifting their manufacturing base to India as the geopolitical and economic repercussions of the Wuhan Coronavirus pandemic become imminent.
India’s manufacturing sector growth in January rises to an 8-year high, economic recovery in coming months expected
Analysts claim that If this growth rate in the manufacturing activity sustains, the improvement in business conditions could lead to a gradual economic recovery