Tembo Group secures defence licence for Maharashtra's first handgun factory in Amravati. Plans to produce 30,000 pistols annually by September and 12 crore bullets in two years. A major boost for 'Make in India' in defence manufacturing.
India's manufacturing sector growth eased in December 2024, with the HSBC PMI hitting a two-year low of 55.0. Export orders and employment moderated, while business sentiment weakened. Explore the key drivers and implications.
OpenAI shifts manufacturing of its first AI consumer device from China to Foxconn, aiming for Vietnam or US assembly. Codenamed 'Gumdrop', the launch is expected post-2026. Read more.
Centre approves 22 proposals from Samsung, Foxconn, Tata & others under ECMS to boost domestic production, cut imports. Investments to create Rs 2.6 lakh crore output.
India's government has approved 22 major electronics projects, including Foxconn and Samsung, across eight states. The move is set to boost production by Rs 2.58 lakh crore. Read more.
India's manufacturing sector growth slowed sharply in December 2025, with the PMI hitting a 24-month low of 55. Read the full analysis of the slowdown from October's peak.
India's semiconductor push, backed by Rs 1.6 lakh crore in approved projects and talent from 298 universities, aims to make it a top-4 global player by 2032 and the best by 2035. Read more.
OpenAI's first hardware is an AI-powered pen designed with Jony Ive. Codenamed 'Gumdrop', it aims to be a 'third-core' device. Foxconn to manufacture, launch within two years. Read the full story.
India approves 22 applications from Foxconn, Tata, Samsung & others under a Rs 23,000 cr incentive scheme, securing Rs 41,863 cr investment & 33,000 jobs. Read more.
India's four new semiconductor plants are set for commercial production in 2026, marking a major leap in electronics manufacturing and reducing import dependency.
Union IT Minister Ashwini Vaishnaw approves 22 proposals under the electronics components scheme, mobilizing Rs 41,863 crore in planned investment to boost domestic manufacturing.
India approves 22 electronics components projects under ECMS, led by Tata, Foxconn & Motherson. Investments hit ₹41,863 crore, boosting local manufacturing & creating thousands of jobs. Read more.
India's manufacturing sector growth slowed in December 2025 as per HSBC PMI, hitting a two-year low due to softer new orders. Read the full analysis of the economic slowdown.
India's manufacturing PMI eased to 55.0 in December, marking the slowest expansion in two years. Despite the slowdown, the sector remains in growth territory with resilient domestic demand.
India's Meity Secretary S Krishnan reveals discussions on extending or replacing the mobile phone PLI scheme set to expire in March 2026. The move aims to sustain manufacturing growth and boost local value addition.
Uttar Pradesh launches the Bharat Electronics Yatra, a nationwide outreach to strengthen electronics manufacturing. The state will host the expanded electronica India 2026 event. Read more.
A key Apple supplier in China faced a major cyberattack, potentially exposing sensitive manufacturing data. Read about the breach, its impact on the supply chain, and Apple's security response.
Karnataka's Commerce Minister hails Foxconn's major investment in Bengaluru, set to boost youth and women employment. A significant step for India's electronics manufacturing hub.
Uttar Pradesh's Yamuna Expressway Industrial Development Authority is a key contender for Taiwan's Teema technology park, aiming to create AI-integrated manufacturing hubs. Read more about this strategic move.
The India AI & Manufacturing Congress 2024 in Delhi outlined a roadmap for integrating AI into manufacturing, boosting productivity and global competitiveness. Discover the key insights.
Union Home Minister Amit Shah announces India's imminent entry into semiconductor exports, marking a major leap in tech self-reliance. Discover the strategic impact.
A political tussle erupts over credit for Foxconn's Karnataka expansion. Rahul Gandhi praises the state's ecosystem, while Ashwini Vaishnaw credits PM Modi's Make in India vision. Read the full story.
Rahul Gandhi praised Foxconn's job creation in Karnataka. Union Minister Ashwini Vaishnaw accepted the compliment with a sharp, witty response. Read the full political exchange.
Union Minister Ashwini Vaishnaw thanked Rahul Gandhi for acknowledging Foxconn's rapid hiring of 30,000, mostly women, staff in Karnataka, crediting PM Modi's 'Make in India'. Read more.
India's government plans to nearly double auto PLI scheme funds to ₹5,500 crore for FY27 to boost EV manufacturing, but rejects pleas from new-age automakers to reopen applications. Explore the impact.
Ashwini Vaishnaw says Rahul Gandhi's praise for Karnataka job creation acknowledges PM Modi's 'Make in India' success. Foxconn hired 30,000, mostly women.
Railways Minister Ashwini Vaishnaw thanked Congress leader Rahul Gandhi for acknowledging the success of Make in India after Gandhi praised Karnataka's ecosystem for attracting Foxconn. Read the full story on this significant political and economic develo
Samsung India CEO JB Park reveals global brands are shifting manufacturing from China to India, driven by PLI schemes and a vast consumer market. India contributes 10% to Samsung's global revenue. Explore the future of tech and AI in India's growth story.
Apple's key supplier Foxconn has recruited 30,000 employees, 80% women, for its new Devanahalli iPhone factory. The 300-acre facility marks a major shift in Apple's supply chain from China to India.
Foxconn's Devanahalli plant near Bengaluru has rapidly onboarded 30,000 employees, accelerating India's iPhone production ambitions. Read about the hiring surge and its impact.