The Indian government is reviewing investment proposals totaling $21 billion to boost chip manufacturing in the country. According to a Bloomberg report, the proposals encompass diverse ventures from both Indian conglomerates and international players. Israel's Tower Semiconductor has proposed a $9 billion chip plant in Gujarat. Its proposed plant may...
India Expands into Non-Leather Footwear Manufacturing
India's southern state of Tamil Nadu is emerging as a major hub for non-leather footwear manufacturing, with major Taiwanese shoe companies such as Shoetown, Feng Tay, and Pou Chen setting up factories in the state. The manufacturing of shoes for global brands such as Nike, Adidas, Puma, and Crocs signals...
India’s Tata Group to Manufacture iPhones
The Mumbai-headquartered Tata Group is set to start assembling Apple iPhones in India after Taiwan-based Wistron Corp approved the sale of its Indian manufacturing unit to the Group. The Wistron board approved the sale of Wistron InfoComm Manufacturing India Private Limited to Tata Electronics Private Limited for an estimated $125...
Leading Taiwan Firms Looking at Relocating Production Bases to India
Deputy Minister for Taiwan's National Development, Kao Shien-Quey said that major Taiwanese technology giants are looking at India as a key destination to strengthen their global supply chains. A sizable number of Taiwanese companies are going to set up production bases at two industrial parks in India which are being...
India Exceeds $10 Billion in Mobile Phone Exports
Supported by attractive government incentives for local manufacturing, India is set to reach $10 billion worth smartphone exports in the fiscal year ending March 31. Smartphone exports from India have doubled as compared to the previous year. According to the India Cellular and Electronics Association (ICEA), Apple's 'Make in India'...
India Considers Global Joint Ventures to Expand Electronics Manufacturing
Per the recommendations from Building India’s Export Competitiveness in Electronics–2025-26: From Assembly to Manufacturing Hub: Call to Action Report from the think tank National Council of Applied Economic Research, the Government of India has taken action. The report recommended that India soften rules on allowing investment from China if it...