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Foxconn said it would invest $118.7 million to set up a joint venture company with Vedanta

Vedanta inks pact with Foxconn to manufacture semiconductors in India

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Vedanta, Foxconn JV to make semiconductors in India On Monday, the Indian conglomerate Vedanta signed a pact with the i-phone and other electronics manufacturing services...
The incentive plan will help India attract investments worth Rs.1.7 lakh crore in the next six years

Govt plans Rs.76,000 cr for semiconductors to make India a hub for electronics

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Govt plans to provide incentives worth Rs.76,000 crore to semiconductor firms In a bid to make India a hub for electronics, the government is planning...
Partnership between the two nations is acquiring a greater salience in a more uncertain and volatile world, says Jaishankar

Jaishankar calls for new areas of cooperation during India-Korea Joint Commission Meeting

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Jaishankar, South Korean counterpart hold talks on expanding bilateral ties in Seoul External Affairs Minister S Jaishankar on Wednesday called for expanding cooperation in areas...
The first India-made chip from the Rs 22,500 cr Micron semiconductor plant in Gujarat is set to arrive in December this year

India to fabricate 300 crore semiconductor chips in a year

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A significant part of the semiconductor requirements will be made in India, says IT Minister Ashwini Vaishnaw Union Electronics and IT Minister Ashwini Vaishnaw has...
The MoC between India and Japan envisages improved collaboration leading to employment opportunities in the field of IT

Cabinet gives approval for pact on India-Japan semiconductor partnership

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Cabinet approves MoC between India and Japan on Semiconductor Supply Chain Partnership According to an official statement issued, the Cabinet has given approval for the...
The broader opportunity lies in creating a global standard talent pool in India, capable of taking advantage of the opportunities in quantum computing, AI, and semiconductors

IBM inks 3 MoUs with MeitY to boost innovation in AI, semiconductor, quantum tech

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Developing applications and fostering economic opportunities are IBM's goals in collaboration with C-DAC IT major IBM on Wednesday signed three MoUs with three entities engaged...
According to Mukundan, policies will play a key role in driving Indian economy, as AI, digital rights, and land acquisition will be central to growth

Indian economy will double in 10 years: Tata Chemicals CEO

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Tata Chemicals CEO predicts Indian economy to double within a decade India needs to build capacity in new areas, as intellectual property will be a...
Chinese President Xi Jinping will not attend the G20 Summit in New Delhi this week, and the delegation will be led by Premier Li Qiang

If China wants to play the role of ‘spoiler’ at G20 Summit, that option...

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US NSA Jake Sullivan asserts China's role at G20 Summit is its decision; warns of ‘spoiler’ option It is for China to decide what role...
The trend outside of China has been biased towards the more premium executive segments, with the majority of passenger EVs sold being bigger, pricier, and often more luxurious

Global EV sales grow 50% YoY; China market faces slowdown

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Q2 2023 global EV sales grow 50%; divergent segment trends emerge between China and worldwide markets The global electric vehicle (EV) sales grew 50 percent...
President Biden signed an executive order banning US investments in certain key tech sectors of China

Amid China slipping into deflation, new trouble brews as US announces ban on investments;...

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President Biden Biden orders ban on certain US tech investments in China After China’s consumer and producer prices, both declined for the first time in...

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