ASML, the Dutch maker of the machines that print circuits onto silicon wafers, has started operations in India and plans to hire twenty to thirty young engineering graduates to begin with, according to a Press Trust of India report carried by Business Standard. The company is headquartered in Veldhoven, in...
Gilat Wins Multi-Million Dollar Order in India
Israel-headquartered Gilat Satellite Networks Ltd., secured a multi-million dollar contract from Navi Mumbai-based Nelco, a part of the $116 Bn Tata group. Gilat develops technology for satellite, ground, and "new space" connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. Nelco Limited holds the VSAT...
India’s CPG Companies Grow Robustly
India's largest Consumer Packaged Goods companies are projecting good news to the stock market Dabur: The company expects double-digit growth in its Home and Personal Care segment, particularly in hair oils and oral care. Management anticipates consolidated revenue to grow in the mid-single digits, with operating profit and net profit...
Tata Capital Prepares for India’s Largest IPO of 2025
Tata Capital, the financial services arm of the Tata Group, is launching India’s biggest initial public offering of the year, aiming to raise up to $1.7 billion. The offering includes up to 475.8 million shares — both new and existing, priced approximately $3.72 to $3.91 per share. Key stakeholders participating...
Tata Group Builds India’s First Chip Fab
The buildings that will host India’s first commercial chip factory are taking shape. The $11 billion project is a partnership between Tata Group, and Powerchip, a Taiwanese manufacturer of semiconductors, according to an article in the The Economist For the moment Tata’s factory (which sits in a "special investment region",...
Apple To Move Most iPhone Assembly to India
Apple aims to import most U.S.-sold iPhones from India by the end of 2026, planning to double its annual Indian iPhone production to over 80 million units. For context, Apple assembled about 40 million iPhones in India in FY2025 and sells approximately 60 million iPhones annually in the U.S. This...