In the last few years, the demand for semiconductors in the country has increased rapidly. In the last financial year, import of semiconductors increased by about 18.5 percent to about Rs 1.71 lakh crore. Semiconductors are used in many industries like automobiles and smartphones. The central government has taken measures to increase the manufacturing of…
American devices maker Apple’s supplier Foxconn has demanded billions of rupees of outstanding subsidy from the central government under the Production-Linked Incentive Scheme. The government had launched a scheme of more than Rs 41,200 crore to increase electronics manufacturing. Manufacturers were given subsidy in this. Bloomberg’s Report Quoting sources having knowledge of this matter, it…
The Central Government has given incentives in the last few years to encourage electronics manufacturing in the country. Subsidy can be given by the government for electronic component makers. Along with this, tariff on imports can also be reduced. Smartphone manufacturing companies including Apple can especially benefit from this. According to a Bloomberg News report,…
Import of laptops, tablets and personal computers in the country may be limited early next year. This will encourage device makers like Apple to increase local manufacturing. If this plan is implemented, there can be a big change in this 8-10 billion dollar industry. Reuters has quoted sources in a report saying that the central…
American devices maker Apple’s supplier Foxconn has demanded billions of rupees of outstanding subsidy from the central government under the Production-Linked Incentive Scheme. The government had launched a scheme of more than Rs 41,200 crore to increase electronics manufacturing. Manufacturers were given subsidy in this. Bloomberg’s Report Quoting sources having knowledge of this matter, it…
The Central Government has given incentives in the last few years to encourage electronics manufacturing in the country. Subsidy can be given by the government for electronic component makers. Along with this, tariff on imports can also be reduced. Smartphone manufacturing companies including Apple can especially benefit from this. According to a Bloomberg News report,…
The ban on the sale of American devices maker Apple’s iPhone 16 in Indonesia may soon be lifted. Indonesia’s President Prabowo Subianto has approved an investment of one billion dollars by the company. Apple has invested heavily in manufacturing in some countries like Vietnam. Bloomberg’s report quoted sources with knowledge of the matter as saying…
Sales of Electric Vehicles (EV) have increased rapidly in the last few years. To meet the demand for public charging for EVs in the country, a capital expenditure of about Rs 16,000 crore is required by 2030. Measures have also been taken by the Central Government to promote EV. This information has been given in…
Shares of Tesla, one of the big electric vehicle (EV) companies, have reached a record high. This is another big achievement by this company of billionaire Elon Musk. The company’s shares made a new high of $424.88 on Wednesday. After Donald Trump’s victory in the presidential election in America, Tesla’s shares have increased by almost…
American electric vehicle (EV) maker Tesla may soon start its business in India. The company has again started the search for showroom space in Delhi. Earlier this year, Tesla had postponed its investment plans in the country. The company’s chief, Elon Musk, had postponed his visit to India in April. During this visit, Musk was…
