India begins domestic production of sophisticated medical equipment including MRI machines, CT scanners, and dialysis machines - This development was confirmed by Department of Pharmaceuticals Secretary Amit Aggarwal. The manufacturing initiative falls under the government's Production Linked Incentive (PLI) program which is part of the broader Make in India initiative...
Forbes Magazine Highlights India as Global Supply Chain Player
Forbes highlights India's emerging role as a significant global manufacturing hub and a promising destination for supply chain diversification. With the increasing geopolitical tensions and instability impacting global supply chains, many companies are exploring alternative regions to reduce risks and enhance flexibility in terms of costs and lead times. India...
‘Make in India’ Plays a Pivotal Role in Manufacturing
The Indian manufacturing sector has witnessed significant growth over the past decade, emerging as the second most sought-after manufacturing destination globally. Part of this progress can be attributed to the 'Make in India' initiative by India's federal government. The initiative has facilitated an enabling environment for businesses through reforms, infrastructure...
Apple to Source Batteries for iPhone 16 from India
Apple has instructed its component suppliers to source batteries for the upcoming iPhone 16 from India. This decision aims to diversify Apple's supply chain and reduce reliance on China manufacturing. Sourcing iPhone batteries from India marks a significant expansion of Apple's production capabilities in the country. India has promoted local...