Amid reported ongoing talks between the Indian government and Tesla, the South Asian country is reportedly considering lowering the import tariffs for completely built EVs, paving the way for Tesla to enter the third-largest car market where Chinese EV competitors are largely sidelined.
Samsung receives better pre-orders for its latest foldable phones compared to a year ago amid smartphone premiumization. Honor denied any association with India-based HonorTech that plans to bring Honor-branded phones back to India.
India will need to invest $12.7 trillion in its energy system, or more than three times its gross domestic product, to reach net zero emissions by mid-century and help the world avert disastrous planetary warming, according to BloombergNEF.
With the global manufacturing industry moving toward net-zero carbon emissions, Taiwan-based electric machinery company TECO is transforming into a solution provider to help its customers meet the standards of green and smart manufacturing.
India has achieved a historic milestone by successfully landing its lunar mission in the southern pole region of the Moon for the first time, and India is expected to benefit from the emerging space industry.
Hot-melt adhesive (HMA) specialist Tex Year Industries expects demand from the Chinese market to pick up in the second half of 2023, and has expressed optimism regarding demand from Vietnam and India.
Samsung announced 1.5x growth in pre-orders for its latest Flip and fold smartphone models, looking to grab more market share as its arch-rival Xiaomi is ceding ground amid India's regulatory pressure against Chinese brands.
Following HonorTech CEO Madhav Sheth's announcement saying that the company will sell Honor-branded smartphones in India under a license agreement, China-based Honor denied any association with HonorTech.
Reliance Industries (Reliance), a conglomerate looking to build one of the world's largest integrated renewable energy manufacturing facilities in India, is reportedly planning to commission the first phase of its solar module manufacturing by the end of the current fiscal year.
Even as India looks to boost its semiconductor manufacturing segment, the fabless sector is accelerating growth at a steady pace. A significant player in this segment that has recently received much attention is the Bangalore-based Morphing Machines.
Honor, a Chinese smartphone vendor that has a negligible presence in India, announced a re-entry into the South Asian country with a strategy that is more aligned with the Indian government's attitude towards China-based vendors amid tighter scrutiny against Chinese investments.
Major US-based technology companies, including Apple and Intel, expressed their opposition to India's surprise move to implement import restrictions on computers and servers, saying it may harm the South Asian country's efforts to integrate into the global electronics supply chain.
Over the past week, a series of developments and rumors regarding Foxconn's investments in India have occurred. Global PC and notebook manufacturers are closely watching if India will recosider implementing its import restrictions on computers.
Swiggy, an India-based online food delivery platform, revealed a collaboration with Taiwan-based Gogoro, with the latter providing its battery-swapping technology for last-mile deliveries.
