Tata Electronics, the electronics and semiconductor manufacturing arm of the Tata Group, exported goods worth $10.4 billion at current exchange rates in the recent fiscal year up 29%, as Apple shifted more iPhone production out of China. Indian Infrastructure reported the figure. The group set up Tata Electronics in 2020....
Tata Communications Plans a 10,000-Kilometer AI Fiber Network Across India
Tata Communications, part of the Tata Group, plans to invest $450 million to build a 10,000-kilometer fiber network across India that links data center hubs. Mint reported that the company will spend the money over the next three to five years and fund it from operating cash flow. The company...
Linde Secures Gujarat Land for a Second India Semiconductor Gas Facility
Linde, the industrial gases company with headquarters in Woking, England and Dublin, Ireland, has secured eight acres of land in Sanand, in western India, for a second facility to supply gases to semiconductor packaging plants in the area. Sanand sits in Gujarat, the state at the center of India's push...
ASML Begins Operations in India, Backing Tata’s Semiconductor Fab
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...