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Monday 24 March 2025
HCL-Foxconn's OSAT venture reportedly exploring engineering and construction partner
HCL-Foxconn's OSAT venture reportedly seeks EPC partners L&T and CTCI, aiming for quick Cabinet approval, following a Foxconn senior executive's visit to India.
Monday 24 March 2025
OpenAI, Meta reportedly seek alliance with India's Reliance
OpenAI and Meta Platforms Inc. are each seeking a potential alliance with India's Reliance Industries Ltd., The Information reports.
Monday 24 March 2025
India roundup: India-Taiwan economic ties deepen with rising investments
India's growing electronics and AI sectors are attracting major global investments. Telangana state's Taiwan Industrial zone and "Formosa Town" aims to draw Taiwanese firms under...
Saturday 22 March 2025
Intel CEO Lip-Bu Tan's appointment sparks renewed hopes for India
Intel's appointment of Lip-Bu Tan as its new chief executive has raised fresh speculation over the company's potential expansion into India's semiconductor sector, particularly in...
Friday 21 March 2025
India's PLI scheme falls short of targets, prompting shift to factory subsidies
Since 2019, the Indian government has implemented the Production Linked Incentive (PLI) scheme for 14 industries to attract foreign investment in local manufacturing. Although it...
Friday 21 March 2025
Apple reportedly seeks Wipro and LMW as India supply chain expands
Apple is reportedly advancing talks with Indian companies like Wipro and Lakshmi Machine Works (LMW) to diversify its supply chain as the company is actively expanding manufacturing...
Friday 21 March 2025
India's subsidy struggles to attract PC manufacturers: weak local ecosystem and limited market demand
Two years after its launch, India's Production Linked Incentive (PLI) scheme for IT hardware 2.0 has struggled to gain traction, as major brands hesitate to increase production and...
Friday 21 March 2025
NTT to invest US$1.5 billion in India to expand data centers and optical network
Japanese telecom giant NTT intends to invest US$1.5 billion in India from 2025 to 2027, aiming to expand its data center capacity by about 2.4 times. This investment will also facilitate...
Thursday 20 March 2025
Infineon plans to double workforce in India by 2030
German semiconductor company Infineon Technologies is planning to double its workforce in India to 5,000 employees by 2030, with a significant emphasis on R&D. Currently, the...
Thursday 20 March 2025
Acer subsidiary Altos Computing rides on Indian AI demand, eyes IPO in India by 2025
Jackie Lee, president of Altos Computing, forecasts that 2025 will mark the beginning of enterprise AI, driven by increasing AI application adoption. He predicts double-digit growth,...
Wednesday 19 March 2025
Formosa Town in India: Telangana establishes industrial zone for Taiwanese firms amid geopolitical shifts
In a significant development for Taiwan-India economic relations, the Allegiance Group has signed a major project cooperation agreement with the government of Telangana state in India...
Monday 17 March 2025
India's electronics sector growth fuels Zetwerk's expansion, IPO plans
India-based EMS provider Zetwerk inaugurated its seventh plant in India over the weekend as an emerging electronics manufacturing ecosystem has benefitted local firms to raise funds...
Monday 17 March 2025
Foxconn reportedly to begin AirPods India production in April
Apple plans to begin AirPods production at its supplier Foxconn's facility in Hyderabad, India, starting in April 2025, with an initial focus on exports. This move represents Apple's...
Monday 17 March 2025
India roundup: VCI Global to establish India's first semiconductor wire plant in Chennai
India's semiconductor industry is experiencing growth with key investments, such as VCI Global's semiconductor wire plant and Jabil's second factory. However, challenges persist,...
Friday 14 March 2025
Taiwan auto parts makers exclude India in global production diversification
Faced with geopolitical pressures and US tariff disputes, Taiwanese automotive parts suppliers, primarily export-oriented with North America as their key market, are diversifying...