India plans to broaden its electric vehicle incentives to include automakers producing EVs at existing factories, moving beyond its initial focus on new facilities. The revised policy aims to attract investment from established manufacturers like Toyota and Hyundai, according to ministry meeting minutes seen by Reuters

Dixon Technologies India has partnered with Taiwan's Compal Electronics to manufacture Google Pixel smartphones through its subsidiary Padget Electronics. The production will take place at Padget's manufacturing facility in Noida, India, marking a significant expansion of Google's manufacturing presence in the country

India is eager to establish a robust local EV manufacturing ecosystem, driven by the growing adoption of low-carbon vehicles in global markets. However, official data reveals a lack of investor enthusiasm, suggesting either limited interest in the schemes or eligibility criteria that may be overly stringent

Global supply chains have gradually diversified in recent years, with India emerging as a potential replacement for China in the electronics manufacturing sector. As geopolitical dynamics shift, particularly influenced by the recent US presidential election, interest from European and American clients in Indian manufacturing is on the rise

SoftBank, which has stakes in numerous Indian unicorns, focuses on tapping into India's potential in the AI era. Nationally, India may introduce another incentive to support local electronics manufacturers. An area Apple is currently scouting for

HMD Global has strategically designated India as a crucial export hub for Nokia phones in response to the evolving dynamics of the global trade environment. The persistent trade tensions between the US and China have prompted the search for alternative supply chains, with India increasingly becoming a favored manufacturing location for numerous companies, including HMD

A recent Ericsson Mobility Report published on November 26 indicates that 5G subscriptions in India, Bhutan, and Nepal will surpass 270 million by the end of 2024, accounting for 23 percent of all mobile subscriptions within the region

India's Centre for Development of Advanced Computing (C-DAC) has launched the ChipIN Centre as a central hub for semiconductor design, providing comprehensive tools and resources to support the country's chip design community

Taiwan-based pure-play foundry PSMC is building a 12-inch wafer fab for Tata Electronics in India, and Lam Research, eyeing growing Indian opportunities, plans to set up an office at the fab

SoftBank CEO Masayoshi Son has visited India for discussions with Prime Minister Narendra Modi and prominent startup leaders, focusing on artificial intelligence development and implementation strategies

Foxconn has reportedly secured 200 acres of land in Tamil Nadu for a battery manufacturing plant, aligning with the company's strategic focus on AI and EV as growth engines

Apple is actively pursuing partnerships with Indian manufacturers to establish a local supply chain beyond iPhone production, potentially including components for wearables and other devices, as its China-based suppliers show reluctance to invest in India

As India entered its annual festive season, PC shipments experienced slight growth despite a weak consumer market. Acer achieved double-digit growth, driven by strong demand from the education sector and other industries

According to a press release published by the Press Information Bureau of India, the Competition Commission of India (CCI) has greenlit a significant transaction involving the investment in Flipkart Private by Alphabet-owned Shoreline International Holdings. This development marks an important step for Flipkart, a subsidiary of retail giant Walmart, as it continues expanding its presence in the Indian e-commerce sector

Apple's attempt to delay a report indicating it violated competition laws in India has been denied by the nation's antitrust authority, the Competition Commission of India (CCI), according to Reuters, which cited an internal order from the regulator. The decision permits the proceedings against Apple to advance