Adding a stride to ‘Make in India’ initiative, major electronic manufacture HP on Thursday announced a partnership with Google to manufacture its Chromebooks in India. The devices will be manufactured at the Flex Facility, which is located near Chennai, where HP has been producing a range of laptops and desktops since August 2020. The company […]
Apple is reportedly planning a substantial expansion of its production operations in India, to increase its production value to approximately USD 40 billion over the next four to five years, as per undisclosed government sources cited by news agency PTI. These sources indicate that in the previous fiscal year, Apple achieved a production milestone by […]
Amazon.in on Friday announced the launch of Multi-Channel Fulfilment (MCF) in India. With this launch, sellers including D2C brands, manufacturers and retailers from across industries can revolutionise their fulfillment operations and enhance their customer experience by leveraging Amazon’s pan-India presence, state-of-the-art fulfillment centers and logistics capabilities to handle customer orders received from wide range of […]
Casio, the Japanese consumer electronic brand will start manufacturing watches by this financial year (FY24) in India, said Hideki Imai, Managing Director, Casio India, while adding that the company is serious about the Indian market. “We intend to start local manufacturing of watches in India this financial year, not G Shock but entry-level watches to […]
Apple shared its ambitious vision to become carbon neutral across its entire business, including its manufacturing and supply chain, by 2030. The company’s Vice President of Environment, Policy and Social Initiatives, Lisa Jackson, discussed the challenges and strategies behind this commitment in an interview with TechCrunch. He said that to achieve carbon neutrality, Apple will […]
Taiwanese electronics major Foxconn aims to double its workforce and investment in India by next year, a company representative based in India said on Sunday. “Under your leadership, Foxconn has grown smoothly and rapidly in India. We will work even harder to present you with a greater birthday gift next year, aiming for another doubling […]
Xiaomi supplier Dixon Technologies India is reportedly in talks to set up a massive new factory on the outskirts of New Delhi, according to a media report. The new factory would be spread over more than 3,00,000 square feet and will largely produce Xiaomi smartphones, the report mentioned. The plant is set to be inaugurated […]
India’s manufacturing sector growth gained momentum in August with the Purchasing Managers Index (PMI) posting 58.6 as compared to 57.7 in July. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. According to S&P Global’s India Manufacturing […]
IT major HP is reportedly in talks for its application for the Production Linked Incentive Scheme 2.0 (PLI 2.0) which was recently revised by the Centre and has been receiving excellent response since then. HP’s PLI 2.0 participation was highlighted by a media report on Thursday which said the company is aiming to expand its […]
Reliance Industries and Brookfield Asset Management have recently joined forces through an initial agreement aimed at exploring opportunities for manufacturing renewable energy and decarbonisation equipment in Australia. This collaboration is centred around a Memorandum of Understanding (MoU) with the objective of accelerating and de-risking Australia’s energy transition, focusing on local production of clean energy equipment […]
