Apple’s vendor network in India has reached a significant milestone, exporting a record $2.5 billion in electronic components to China. This development marks a shift in the traditional trade relationship, where China historically served as the primary supplier of parts for Indian electronics assembly. Under the government's Electronics Component Manufacturing...
Tamil Nadu state attracts over $2 billion in FDI
India's southern state of Tamil Nadu has signed understandings with a number of European and Chinese companies that are expected to create and support over 40,000 jobs in the state. Tamil Nadu is home to a vibrant automotive, auto parts and electronics sector. Daimler India Commercial Vehicle may be the...