The crises that have brought supply chains to their breaking point have highlighted an urgent need for change. This will result in a far more robust and balanced framework for global trade and manufacturing.

Japanese chipmaking device supplier Disco wants to establish a center in India that would provide support for clients and serve as a base for marketing to the country's budding semiconductor industry, according to an executive at the company.

Apple Chief Executive Tim Cook has launched the company's first retail store in India in the financial capital Mumbai.

Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its sales operations with a focus on India, a yellow iPhone arrives, and Amazon's Ring and Sonos introduce key new products.

Toyota Group plans to invest 48 billion Indian rupees ($624 million) to make electric vehicle components in India, as the Japanese carmaker works toward carbon neutrality by 2050. Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts signed a memorandum of understanding with the southern state of Karnataka to invest 41 billion Indian rupees, the group said in a statement Saturday. The rest will come from Toyota Industries Engine India.

Apple has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing's strict anti-Covid policy among other reasons, people involved in the discussions said.

This week's announcement that India's Vedanta has tied up with Taiwan's Foxconn Technology to make chips is being lauded as proof that New Delhi is gaining traction with its plans to build a semiconductor industry. That's hardly the case.

Apple said it had placed the southern Indian factory of iPhone assembler Foxconn on probation after both companies found that some worker dormitories and dining rooms did not meet required standards.

Philippines-based renewable energy firm AC Energy Corp. (Acen) and partnered with Indian solar power firms to build a US$220-million solar power project in the country with an installed capacity of 420 megawatts as their initial two solar farms start commercial operations.

The Department of Space's Semi-Conductor Laboratory (SCL), Mohali, and the Indian Institute of Technology, Bombay (IITB) have collaborated to successfully demonstrate CMOS 180nm-based production-ready 8-bit memory technology, described as a "gamechanger by enabling secure memory and encryption hardware for the country" by top scientists.

Orbic, a home-grown US smartphone manufacturer, has announced it has partnered with Dixon Technologies to manufacture smartphones for Orbic in India at a manufacturing facility in New Delhi. The new Orbic Myra 5G UW, powered by the Snapdragon 750G 5G Mobile Platform, will be the first 5G mmWwave product to be produced in India for export to the US.

Mumbai-headquartered Eruditus Learning Solutions, which offers executive learning programs, has become the sixth Indian startup to bag the unicorn tag this month after securing US$650 million in a Series E funding round led by Accel US and SoftBank Vision Fund II.

American electric vehicle maker Tesla may set up manufacturing unit in India if it first succeeds with imported vehicles in the country, according to company CEO Elon Musk. He, however, said at present import duties in India are "the highest in the world" and is hoping for "at least a temporary tariff relief for electric vehicles."

Saankhya's core BRH product, which is already certified by US Federal Communications Commission (FCC), enables convergence of broadcast and mobile broadband networks, allowing digital terrestrial broadcasters to boost their reach and, potentially, market share.

The company behind Indian mobile-payment app Paytm plans to raise up to US$2.2 billion through one of India's largest-ever initial public offerings, capitalizing on a boom in the country's stock market.

Twitter no longer enjoys the liability protection against user-generated content in India, the government has indicated in a court filing, as tension escalates between the two over the South Asian nation's new IT rules.

Tata Motors is steering its underlying business toward sustainability, promising to bring 10 battery-powered vehicles to the Indian market by 2025 after having set the same deadline globally for a fumes-free Jaguar range.

Taiwanese Apple suppliers have been working to turn India into an alternative production base to China.

India's health authorities warned about a fungal infection seen in some Covid-19 patients which can disfigure facial features and even kill, as the country continues to grapple with the world's fastest-growing coronavirus outbreak.

India has held up approvals for import of wifi modules from China for months, driving companies such as US computer makers Dell and HP and China's Xiaomi, Oppo, Vivo and Lenovo to delay product launches in a key growth market, two industry sources said.

Apple will manufacture Made-In-India iPhone 12 soon, its latest model launched in India on October 30 last year, a few weeks after the global release. iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for the domestic as well as well as the export market.

Tata Electronics, Apple's contract manufacturer Pega簫tron, and Grasim and 25 other firms signed memoranda of understanding (MoUs) worth over Rs 28,053 crore with the Tamil Nadu government on Tuesday. These MoUs would create 68,775 jobs in the state, the government said.

India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers.

Apple has placed supplier Wistron on probation, saying on Saturday it would not award the Taiwanese contract manufacturer new business until it addressed the way workers were treated at its southern India plant.

Apple said on Monday it is investigating whether a Taiwan contractor, Wistron, flouted supplier guidelines at an iPhone manufacturing facility in India, after some workers ransacked the plant in a protest over unpaid wages.

The Finnish firm on Monday launched the Nokia PureBook X14 laptop in collaboration with Walmart -owned Flipkart for the Indian market.

China has accused India of discriminatory practices that violate World Trade Organization rules after the latter banned more Chinese mobile apps.

India on Tuesday said it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron.

The economy shrank 23.9% in the three months ending in June, compared with the previous year, according to official statistics released on Monday.

China's Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans told Reuters, amid souring business relations and rising political tension between the two nations after a clash on their Himalayan border.

Industry executives say government seeking to phase out Chinese equipment without formal ban

Samsung Electronics is forging a comeback in India's smartphone market with a new range of budget devices and a ramped-up online presence, aiming to recoup ground ceded to Chinese rivals such as Xiaomi.

A $4.5 billion deal under which Alphabet's Google will collaborate with India's Reliance Industries on a new smartphone likely heralds a big shake-up for the world's second-largest mobile market, industry executives and analysts say.

The cash will be doled out over the next five-to-seven years.

Qualcomm has become the newest high-profile backer of four-year-old Reliance Jio Platforms, which has raised more than $15.7 billion in the past 12 weeks from as many investors.

Beijing is pushing back on a decision by India to ban dozens of Chinese mobile apps as tensions between the countries continue to rise.

India reported more than 11,000 new cases of infection as of 8 a.m. local time on June 14, government data showed.

India launched a $6.65 billion plan on Tuesday to boost electronics manufacturing, saying it would start by offering five global smartphone makers incentives to establish or expand domestic production.

India is making it more attractive for Apple and other mobile phone companies to set up production facilities in the country by adjusting the rules for its PLI scheme, a change that could allow Apple to increase manufacturing in the region.

Reliance has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com's local unit and Walmart's Flipkart in the huge Indian market.