With global environmental regulations becoming stricter and trade barriers rising, the recycled plastics industry is experiencing significant changes. The EU's tougher environmental standards, combined with the US's new tariffs on China and China's changing waste import and export rules, are pushing circular economy businesses to seek new production locations
US President Donald Trump's proposed new semiconductor tariffs could create an unexpected windfall for India's growing tech sector, according to industry experts
Apple is shifting its strategy by scaling back its plans to expand MacBook production in Vietnam, which was expected to ramp up in late 2024. This marks a departure from its earlier aggressive expansion approach and contrasts with its growing manufacturing focus in India, which is becoming more central to Apple's production plans
As US President Donald Trump threatens to impose tariffs on trading partners, India has lowered its basic customs duties in its latest annual budget and is reportedly reducing the agriculture infrastructure and development cess
According to Reuters, India is set to review import tariffs on more than 30 items, such as luxury cars, solar cells, and chemicals. This move may increase imports from the US amid rising global trade tensions. While no timeline for the review process was provided, analysts suggest it could take several months
On the concluding stage of his Asian tour, OpenAI CEO Sam Altman highlighted India's capacity to become a leader in artificial intelligence (AI), especially in developing smaller models. With OpenAI seeking to broaden its market, Altman pointed out the company's keen interest in India's vibrant developer ecosystem as a key component of its expansion strategy
US President Donald Trump's new tariffs on Canada, Mexico, and China escalate global trade tensions, potentially extending to the EU. India, not yet targeted, stands to benefit as it attracts companies diversifying from US-China trade uncertainties
Hangzhou-based AI startup DeepSeek has made global waves with the launch of its large language model (LLM). While US mainstream media remains largely critical, international coverage—especially in India and Europe—has taken a more optimistic stance on its potential impact
Shein, the Chinese fast-fashion company, has returned to India nearly five years after a ban, partnering with Mukesh Ambani's Reliance Retail, highlighting India's adoption of a market-for-technology approach similar to China's
Pegatron has disclosed that it has reduced its holding in an Indian subsidiary to 40%, confirming reports saying India's Tata Electronics has acquired a 60% stake in the Taiwanese maker's iPhone manufacturing plant in the South Asian country
Optiemus Electronics, an India-based electronics manufacturing services (EMS) provider, has formed a strategic partnership with China-based TP-Link to manufacture networking devices and smart home products in India. The collaboration supports the country's 'Make in India' initiative while reinforcing India's position as a global manufacturing hub
India is accelerating its artificial intelligence (AI) development, with the government aiming to build a domestic LLM within 10 months as part of the INR103.7 billion (approx. US$1.2 billion) IndiaAI Mission
Cadence Design Systems has said that it recognizes India as a critical hub for innovation and data-driven growth and is committed to deepening its footprint in the region's data center sector
In 2024, India experienced slight growth in smartphone shipments but saw a significant increase in revenue driven by premiumization. MediaTek maintained its lead in the smartphone SoC market, while the iPhone captured over 10% market share for the first time in India
In a bid to strengthen India's position in global supply chains and boost local manufacturing, the Indian government has eliminated import taxes on several electronics components as part of its newly unveiled federal budget for the 2025-26 fiscal year
