India's Semiconductor Mission (ISM) has approved five semiconductor units that will receive government subsidies under a program with a total outlay of $9.2 billion. These units are expected to boost India's semiconductor manufacturing capabilities and create significant employment opportunities. 1. Micron Technology: - Approved in June 2023 for a...
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...