Category: Manufacturing

Andhra Pradesh approved a $600 million incentive scheme on Friday to boost local electronics component manufacturing. This State-level initiative follows the Indian Central Government’s recent approval of a ₹229.19 billion ($2.62 billion) plan aimed at strengthening electronics manufacturing across the country, highlighting India’s push to expand its domestic tech production capabilities. India’s Southern State of […]

The UP Govt. has already announced electronics manufacturing clusters along Yamuna Expressway and at Greater Noida. After announcing electronics manufacturing clusters (EMC) along Yamuna Expressway and at Greater Noida, the Yogi Government is now gearing up to develop a third EMC in eastern Uttar Pradesh. The Government will be making the policy changes soon in […]

Despite Government initiatives to boost domestic manufacturing, only three foreign manufacturing companies established operations in India during fiscal year 2024-25, according to Ministry of Corporate Affairs data. This contrasts with 53 foreign companies in the services sector. The number of active foreign companies in India has also declined since 2019. Only three foreign manufacturing companies […]

In a major boost to India’s electronics manufacturing ecosystem, Union Minister for Electronics and Information Technology, Railways, and Information & Broadcasting, Ashwini Vaishnaw, inaugurated VVDN Technologies’ largest Surface Mount Technology (SMT) Line and Mechanical Innovation Park at the company’s Global Innovation Park in Manesar, Haryana. The event marked a significant milestone in India’s efforts to […]

In a landmark move aimed at strengthening India’s position in the global electronics manufacturing landscape, the Ministry of Information Technology has finalized a new Production Linked Incentive (PLI) scheme dedicated to the production of critical electronic components. With an allocated budget of approximately ₹23,000 crores over a span of six years, this initiative is set […]

Despite its absolute ranking, India lags behind significantly in per capita manufacturing output. India’s manufacturing sector continues to show growth in absolute terms, yet significant challenges remain in its distribution and per capita output. Market expert, D. Muthukrishnan underscored the uneven spread of manufacturing activity across the country. According to the data shared, just five […]

China is quietly tailoring its global investment strategy to slow India’s rise as a manufacturing rival. As companies move supply chains out of China, Beijing is channeling outbound investment to select countries, while deliberately steering it away from India. China’s inbound foreign direct investment (FDI) has collapsed by 99% since 2021. Yet rather than pulling […]

Syrma SGS Technology’s stock hits a 20% upper circuit after reporting a stellar 161% profit growth in Q3FY25. Electronics manufacturing stock has witnessed a remarkable 20% surge on the stock exchange following the release of its stellar Q3FY25 financial results. Syrma SGS Technology revenue for the quarter increased by 24% YoY, reaching ₹8,915 million, while its […]

India’s rise as a global manufacturing hub is driving increased warehousing demand, with multinationals setting up factories. Supportive Government policies and strategic initiatives are attracting investments from global manufacturers. The manufacturing sector’s share of total warehouse leasing grew significantly, reflecting robust demand across key segments like domestic appliances and auto parts. India’s emergence as a […]

Growth is driven by strong domestic demand, export potential, Government infrastructure efforts, private sector investment, and initiatives like ‘Make in India’. According to a Study Report by IDBI Capital, India is set to add US$ 1 trillion to its gross domestic product (GDP) every 18 months over the next six years. It goes on to […]