India's Tata Group has announced plans to establish India’s first privately-owned nuclear power plant in Rewa, Madhya Pradesh. The project, valued at $3.4 billion represents a significant policy shift in India’s nuclear energy sector, which has historically been managed exclusively by government entities such as the Nuclear Power Corporation of...
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",...
Electronics Manufacturing Booms in India
India's electronics manufacturing sector is experiencing a significant boom, with the value of electronics produced rising from $37 billion to $105 billion between 2016 and 2023. The government aims to increase this figure threefold by fiscal 2026. While India currently accounts for only 3% of global electronics production, its share...
Lockheed Committed to Assemble C-130J in India
Lockheed Martin plans to select local partners in India this summer to support a competitive sales campaign for the C-130J, including the selection of a final assembly provider, a company official said Feb. 21. The C-130J and the Embraer KC-390 are competing for an Indian government contract to buy 40-80...
India Ramps Up Infrastructure Lending in its Neighborhood
In recent years, New Delhi has upped its overseas lending, providing tens of billions of dollars in credit to countries in the region, including financially distressed Belt and Road Initiative (China's program) recipients such as Sri Lanka. India's role as a creditor, by which it offers other governments lines of...
Tata Group’s Titan Expands to Michigan
Titan Engineering & Automation Limited (TEAL), a wholly owned subsidiary of the Bangalore-based Titan Company, has incorporated a wholly owned subsidiary TEAL USA Inc., in the State of Michigan. The entity was approved by the Michigan Department of Licensing and Regulatory Affairs. 100 per cent of the paid up share...