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Wednesday 20 August 2025
China signals openness to India's rare earth request amid tensions with US
Chinese Foreign Minister Yi Wang's recent visit to India marks a possible easing in China-India relations, with China reportedly agreeing to address India's requests for rare earths, fertilizers, and tunnel boring machines. Official announcements have yet to be made
Wednesday 20 August 2025
OpenAI launches affordable ChatGPT subscription in India to encourage free users to upgrade
OpenAI has introduced a new subscription tier, ChatGPT Go, tailored specifically for the Indian market and priced at INR399 per month (about US$4.6). The move aims to boost paid subscriptions by offering a more affordable option compared to existing plans
Wednesday 20 August 2025
Apple reportedly produces full iPhone 17 lineup in India
Apple is significantly expanding iPhone production in India, shifting key supply chains from China to mitigate US tariff risks. With five factories now operating, including two new facilities, India will supply the full iPhone 17 lineup, boosting regional manufacturing capacity and reshaping global smartphone production dynamics
Tuesday 19 August 2025
Tata reportedly seeks specialty chemical supplier as India clears new semiconductor projects
Tata Electronics is in talks with German chemicals major Merck to secure an exclusive long-term supply agreement for high-purity materials crucial to chipmaking, people familiar with the matter told The Economic Times. The discussions, centered on Tata's upcoming semiconductor fabrication plant in Dholera, Gujarat, reflect the company's efforts to strengthen upstream supply chains as it advances India's most ambitious chip venture
Monday 18 August 2025
Dixon Technologies, HKC seal joint venture agreement for display manufacturing in India
Dixon Technologies formed a joint venture with China's HKC, highlighting a thaw in India-China business ties, even as US President Donald Trump's 50% tariff on Indian goods unsettles global trade. The deal underscores India's balancing act, welcoming Chinese investment to boost manufacturing while navigating shifting geopolitical and economic headwinds
Monday 18 August 2025
Modi emphasizes self-reliance, announces reforms as protectionism rises
Indian Prime Minister Narendra Modi used his Independence Day address on August 15, 2025, to make a sweeping case for self-reliance, presenting it as both a matter of national dignity and an economic shield in an era of growing global protectionism. Speaking as the US under President Donald Trump imposed a 50% tariff on Indian exports, Modi urged citizens and industries to accelerate the push toward "Viksit Bharat," or a developed India, by strengthening domestic capabilities across critical sectors
Monday 18 August 2025
Foxconn reportedly begins small-scale iPhone 17 production in India despite US tariff headwinds
Despite fresh concerns over US President Donald Trump's decision to impose a punitive 50% tariff on Indian exports, global electronics manufacturers are pressing ahead with expansion in India. Industry executives say ongoing investments underscore the country's role as a critical alternative manufacturing base amid rising protectionism
Monday 18 August 2025
India roundup: India approves four chip projects
The number of chipmaking projects in India that qualify for the country’s incentive policy has increased to ten, following the approval of four new initiatives. Concurrently, India and China appear to be reducing tensions against the backdrop of a recently imposed 50% tariff by the United States on Indian goods
Friday 15 August 2025
Optiemus, Corning launch India's first premium BIS-certified tempered glass brand
India-based electronics manufacturer Optiemus Infracom has partnered with US-based glass maker Corning to launch India's first premium tempered glass screen protector brand, "RhinoTech." The protectors, engineered with Corning glass and manufactured in Noida, Uttar Pradesh, are expected to generate INR18–20 billion in revenue for Optiemus by the end of fiscal 2027
Thursday 14 August 2025
Acer India targets US$1B revenue, expands local manufacturing and retail network
Acer's India division expects to cross US$1 billion in revenue by the end of 2025, driven by robust sales of notebook laptops and aggressive manufacturing expansion. President and managing director Harish Kohli told Hindu Business Line that the company's topline growth has been fueled by a sharp rise in consumer notebook market share—from 5.5% to over 18% in the past two years—thanks to locally tailored products under the Make in India initiative
Thursday 14 August 2025
India, China signal diplomatic thaw as US tariff pressure mounts
India and China are edging toward a diplomatic thaw, just weeks after US President Donald Trump doubled tariffs on Indian goods to 50%. New Delhi and Beijing are rolling out trade, travel, and investment gestures that hint at a strategic recalibration amid mounting American trade pressure
Thursday 14 August 2025
South Korean equipment makers eye entry into India battery manufacturing
South Korean battery equipment manufacturers are positioning themselves to benefit from India's accelerating push into advanced battery production, with Tata Group's battery subsidiary Agratas emerging as a major potential customer
Wednesday 13 August 2025
India's first AI unicorn files for IPO amid the country's booming AI sector
Fractal Analytics, an India-based artificial intelligence (AI) and analytics services provider, has filed for an initial public offering (IPO) in Mumbai that could value the company at over US$3.5 billion, reports Bloomberg
Wednesday 13 August 2025
India approves four chip projects under ISM
India has approved four additional semiconductor projects under the India Semiconductor Mission (ISM), further strengthening the country's semiconductor manufacturing ecosystem. These projects bring the total number of approved initiatives to ten, involving cumulative investments of approximately INR1.60 trillion (approx. US$18.27 billion) across six states
Tuesday 12 August 2025
Samsung partners with Acro in India's SSD market, tapping rapidly growing storage demand
Samsung Electronics has named Acro Engineering Company as its national distributor for solid-state drives (SSDs) in India. The partnership will see Acro distribute Samsung's latest Gen 4 and Gen 5 SSDs nationwide, leveraging its extensive sales network to tap into booming demand across gaming, enterprise, and data center sectors