Kaynes Circuits India’s Big Move: INR 5,000 Crore Investment in Tamil Nadu
Kaynes Circuits India is gearing up to set up a massive electronics manufacturing facility in Thoothukudi, Tamil Nadu. With an investment of INR 4,995 crore (about $572 million), this new plant aims to boost India’s electronics ecosystem significantly.
What Will the New Facility Produce?
The upcoming factory will…
India and Japan have built a strong economic relationship over the years, with Japan now being one of the biggest investors in India. In a recent address at the India-Japan Economy and Investment Forum, Union Minister of Commerce and Industry, Piyush Goyal, emphasized the importance of this strategic partnership and how it is shaping India’s economic future.
India-Japan Partnership: More Than…
Introduction: A Game-Changing Partnership for the Auto Industry
In an exciting development for India’s automotive sector, Qualcomm Technologies and MapMyIndia, two giants in digital technology, have announced a powerful partnership aimed at accelerating India’s ‘Make in India’ initiative. This collaboration is set to transform the connected vehicle experience across the country by…
In a significant move to strengthen its presence in India, Taiwan-based MSI has announced a strategic partnership with Syrma SGS Technology, an Indian electronics systems design and manufacturing company. This collaboration will focus on assembling laptops at Syrma SGS’s state-of-the-art manufacturing facility in Chennai, marking a major step towards localizing MSI’s production in India.
MSI…
Introduction: In a big win for Indian startups, the Department for Promotion of Industry and Internal Trade (DPIIT) has joined forces with boAt, the popular Indian audio and wearables brand. This partnership is set to give a major boost to startups across the country, especially those in Direct-to-Consumer (D2C) and manufacturing sectors.
With a focus on fostering innovation, providing resources…
In a major milestone for the growing watertech industry, Hyderabad-based Althion has successfully raised Rs 3.6 crore (about $426,000) in its pre-Series A funding round. The funding was led by BioAngels, an investment arm of the IAN Group, and supported by prominent investors such as Arun Seth, Om Manchanda, KNK Venkatraman, and Shubham Rastogi.
This investment is a significant boost for Althion…
Inder Jaisinghani’s story is nothing short of remarkable—a tale of hard work, resilience, and visionary leadership. From his modest beginnings in Mumbai’s Lohar Chawl to becoming the chairman of one of India’s largest companies, Polycab India Ltd., Jaisinghani’s journey serves as a powerful reminder that success is born from perseverance and determination. Today, as one of India’s…
In a bold move to tap into India’s growing IT hardware manufacturing sector, Dixon Technologies, a leading homegrown electronics manufacturer, has announced the launch of a wholly-owned subsidiary called Dixon Teletech. This new venture will focus on manufacturing and dealing in IT hardware components, products, and equipment. The announcement comes as India is rapidly becoming a hub for…
In an exciting development for the world of robotics, Perceptyne, an innovative deep-tech startup focused on AI-driven automation, has successfully secured $3 million in seed funding. The round was co-led by Endiya Partners and Yali Capital, with additional support from Whiteboard Capital and several angel investors.
This funding will accelerate Perceptyne’s mission to create semi-humanoid…
In a significant boost to India’s domestic manufacturing sector, Dixon Technologies has secured a major contract from American tech giant HP to produce laptops and desktops. This move aligns with the Indian government’s ongoing efforts to enhance local production through the ‘Make in India’ initiative and capitalize on the Production Linked Incentive (PLI) scheme for IT hardware.
New…
