March 31st, 2020Chinese manufacturing starts working as authorities relaxed anti-disease controls and allowed factories to reopen after controlling the virus.
October 25th, 2018The EV giant Tesla is reportedly expecting to extend its earnings streak by bringing its new Model 3 to customers beyond North America. The company’s plan includes accelerating its manufacturing plans in China.
Tesla witnessed its revenue increase aggressively to $6.8 billion in the third quarter (and a $312 million profit) after...
August 18th, 2018Chinese Smartphone company Vivo announce the expansion of its India manufacturing operations at the hi-tech manufacturing facility in Greater Noida. With an investment of INR 300 crores till date, the facility has increased production to more than 2 million units per month, re-iterating Vivo’s commitment to ‘Make in India’.
The...
May 23rd, 2017The government today clarified that US-based electric car major Tesla will not have to source local components if it plans to set up a manufacturing unit in India.
The government responded to apprehensions expressed by Tesla founder Elon Musk that the company would have to source a certain percentage of local components to set up...
May 18th, 2017US tech giant Apple Inc today said it is beginning initial production of a "small number" of iPhone SE in the city and start shipping to domestic customers this month.
"We are beginning initial production of a small number of iPhone SE in Bengaluru. iPhone SE is the most popular and powerful phone with a four-inch display in...
April 30th, 2017The government wants iPhone maker Apple to consider a new manufacturing scheme offering duty benefits to set up its plants in the country. "Apple had asked for a set of concessions.
For a period of 15 years all the components that Apple imports, they want them to be free of duty.
We have a phased manufacturing programme (PMP)...
April 19th, 2017India should resist the temptation of resorting to "protectionism" to shield local mobile phone makers against Chinese smartphone firms, China's official media said on Tuesday warning that Beijing could take countermeasures against any such move.
The Indian mobile firms are seeking government action to ease the pain of their defeat...
March 8th, 2017Tech Mahindra today announced that it has set up a "state-of-the-art" lab at its campus here, which works on technologies that are expected to power the future factory floors.
Known as the "Factory of the Future" lab, the new centre showcases assets and solutions in the areas of Digital Manufacturing, Connected Machines, Addictive...
