Vedanta Ltd has announced an investment of ₹13,226 crore to expand its aluminum production capacity from 2.4 MTPA to 3.1 MTPA by FY28. The move aligns with its long-term growth strategy to meet India’s surging alumin...
India’s new Electronics Component Manufacturing Scheme (ECMS) has drawn record investment proposals worth ₹1.15 lakh crore—double its target—set to boost local value addition from 20% to 40% in five years. Backed...
Tamil Nadu’s approval of a greenfield airport near Hosur could boost land prices by 25–40%, transforming the region into a hub for EV, electronics, logistics, and warehousing. Short-term growth is expected in warehou...
Czech billionaire Daniel Kretinsky plans to exit his stake in Thyssenkrupp Steel after joint venture negotiations faced setbacks. This move opens the door for India’s Jindal Steel to enter the deal, potentially gaining...
Indian firms are rapidly expanding lithium-ion cell production to meet soaring electronics demand. Munoth Industries partners with China’s CosMX, TDK opens a 200-million-pack plant in Haryana, and Dixon Technologies se...
India’s Global Capability Centers (GCCs) are evolving from cost-saving units into strategic Global Value Centres, driving innovation and generating revenue for parent firms. With greater autonomy in decision-making and...
Global chipmakers’ market value surged by $200 billion amid an AI-driven rally, fueled by OpenAI’s $500 billion valuation and deals with South Korean firms. Nvidia, SK Hynix, and Samsung led gains, while Chinese AI i...
Tamil Nadu logistics firm Wintrack Inc will exit India, alleging harassment and bribery demands by Chennai Customs, including a claimed Rs 2.1 lakh bribe. The firm accused officials of systemic corruption affecting busin...
The India-EFTA Trade and Economic Partnership Agreement (TEPA) is set to boost investment and trade, reducing tariffs on 92% of Indian products. Switzerland and other EFTA nations plan $100 billion in investments over 15...
Forvia plans to double its India revenue to ₹10,000 crore in five years, backed by a ₹2,000 crore investment in electronics, seating, clean mobility, and lighting. The strategy emphasizes local manufacturing, advance...
India’s Electronics Component Manufacturing Scheme (ECMS) has secured ₹1.15 lakh crore in investment commitments—nearly double its target—with 249 applications projecting ₹10.3 lakh crore in production and 1.41...
India’s Electronics Component Manufacturing Scheme (ECMS) has attracted investment proposals exceeding ₹1 lakh crore, nearly double the government’s original target, Union Minister for Electronics and IT Ashwini Va...
Nestlé India has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI) to accelerate investments in greenfield and brownfield projects across Odisha and existing manufacturin...
Kerala launches land pooling for a 300-acre tech township in Kochi’s Kizhakkambalam, under Infopark’s management. Phase 3 will feature 20 million sq ft of IT space and around 5,000 residential units. The Greater Coch...
A cyber-attack forced Jaguar Land Rover to halt UK production, with a phased restart expected from 6 October. The disruption has heavily impacted the supply chain, affecting 30,000 employees and causing layoffs and reduc...
India added 44.2 GW of solar module and 7.5 GW of cell manufacturing capacity in H1 2025, driven by strong domestic demand and large-scale solar projects, says Mercom India. TOPCon led with 39.9 GW additions. Gujarat acc...
The EFTA delegation—representing Norway, Switzerland, Iceland, and Liechtenstein—will announce $100 billion investments in India under the new India-EFTA Free Trade Agreement, effective October 1, 2025. The pact, sig...
India has joined the elite group of nations manufacturing telecom equipment with BSNL's indigenous 4G stack launch, becoming the fifth country globally to produce such technology. Initiated by PM Modi, this move transfor...
Prime Minister Narendra Modi, during his visit to Jharsuguda, Odisha, announced government approval of ₹70,000 crore for the shipping industry, paving the way for ₹4.5 lakh crore investments in India. He also inaugur...
Celebrating its 11th anniversary, Make in India has transformed the nation’s manufacturing landscape. With sector GVA rising 81%, FDI up 69%, and 13.5 million jobs created, India has become a global manufacturing hub. ...
Tamil Nadu will host the Global Startup Summit on October 9–10 in Coimbatore, inaugurated by CM M.K. Stalin. The event features 264 foreign delegates, startup exhibitions, student entrepreneur showcases, and a dedicate...
Taiwanese companies are urging India to expedite a free trade agreement to strengthen business ties and semiconductor collaboration. Bilateral trade reached $11.78 billion in 2024–25, highlighting growing economic enga...
Following a ₹70,000 crore maritime package, companies can avail incentives under all shipbuilding schemes simultaneously. The package includes the National Shipbuilding Mission, Shipbuilding Financial Assistance Scheme...
India has allocated $45.3 million for green hydrogen R&D, with $13 million already sanctioned for 23 projects. The National Green Hydrogen Mission aims to produce 5 million metric tonnes annually by 2030, supported by 12...
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