Ford Motor Company has announced its intention to repurpose its Chennai plant in Tamil Nadu, India, for export-focused manufacturing. The move aligns with Ford's global Ford+ growth strategy and demonstrates the company's ongoing commitment to India as a crucial market for its international operations. Kay Hart, President of Ford International...
Google and Tamil Nadu Partner on AI Innovation
Google and the government of India's southern state of Tamil Nadu have forged a significant partnership through a Memorandum of Understanding (MoU) aimed at accelerating AI-driven innovation in the state. This collaboration was formalized at Google's Mountain View office. The partnership marks a strategic effort to position Tamil Nadu as...
Apple’s iPhone Maker to Expand its $10 billion investment in India
iPhone contract manufacturer, Taiwanese Foxconn, has made significant investments in India and plans to expand further, according to chairman Young Liu during his recent visit to the country. Liu revealed that the company has invested $10 billion in India so far and intends to increase this amount in the coming...
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...
Tata Power Explores $8.5 Billion Clean Energy Investment in India’s South
India's Tata Power announced a $8.5 billion investment to develop 10 gigawatts of solar and wind energy capacity in the country's southern state of Tamil Nadu over the next 5-7 years. Unveiled by Tata Power CEO Praveer Sinha at the Tamil Nadu Global Investors Meet, this aligns with the company's...
India’s Tamil Nadu Leads in Shipping of Electronic Goods
India has seen significant growth in recent years in the export of electronic goods manufactured in the country. The data on the export of goods is maintained by India's National Import Export Record for the Yearly Analysis of Trade, under the Department of Commerce, Ministry of Trade and Industry. According...