Category : Search result: automotive manufacturing


Govt Weighs New Smartphone Incentives Post-2025

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.

Neolite ZKW Files ₹600 Crore IPO DRHP

Automotive lighting maker Neolite ZKW Lightings files DRHP for a ₹600 crore IPO. Funds to fuel new Tamil Nadu plant, upgrade facilities, and repay debt. Details inside.

Hyundai's Russia Buyback Option Expires in January

Hyundai Motor is unlikely to repurchase its former Russian plant as the two-year buyback clause expires next month, a source told Reuters. The ongoing Ukraine conflict and sanctions are key factors.

Auto PLI Funds May Double to ₹5,500 Cr in FY27

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.

Samsung India Head Sees Global Shift from China to India

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.

CEPT University Sets Up 3D Concrete Printing Facility

CEPT University partners with Tvasta to establish an advanced additive manufacturing workshop for 3D concrete printing. This facility will boost research, student innovation, and sustainable construction. Learn more about this groundbreaking initiative.

Manufacturing PMI Falls to 56.6, a 9-Month Low

India's manufacturing sector growth moderated in November as the HSBC PMI hit 56.6, the slowest pace since February. Discover the key drivers behind the cooling activity.

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