Page 24 - Surajeet Das Gupta

Japanese company Horiba plans to set up a unit in India for fab players

Facility to mirror scale of Horiba's Kumamoto plant in Japan

Commerce ministry targets $100 billion electronics, textile exports by FY30

Pharmaceutical exports are targeted to double to $55 billion by FY30, from $27.84 billion in FY24, focusing on drug formulations and biologicals

French technology company IDEMIA targets auto space for SIM drive

IDEMIA's Indian factory accounts for 10 per cent of its SIM global capacity. It is manufacturing the chips embedded in the product at the factory and importing only the wafers from fab plants

Rs 44k cr push for India-made global brands in electronics, semiconductor

A key distinction in the task force's proposal is its focus on benefiting Indian companies exclusively, a departure from the PLI scheme that involves significant participation from global players

Apple exceeds India's PLI scheme targets, lags in value addition

Of the six scheme parameters, Apple vendors outperform on five

Electric scooter sales flatten while Ola, Bajaj garner more market share

The question is whether the two wheeler market will cross the one million registration mark which eluded the industry in the last financial year

Scindia sets up six advisory panels to energise the telecom sector

The move was spearheaded by communications minister Jyotiraditya Scindia, who took charge earlier this month

Meity planning reboot of NPE; aims to revitalise electronics manufacturing

Meity has set up working group to frame finer contours of new policy

Electric 2-wheelers may need more domestic value addition for subsidy

The EMPS replaced the FAME-II scheme, where auto companies were provided Rs 11,500 crore as subsidy

Nine Indian car makers plan additional capacity of 3 million per annum

Once the plants are up and running, India will hit a capacity of 8.77 million passenger vehicles per annum

Why Hyundai is again eyeing IPO in India, 25 years after its failed attempt

Hyundai needs the money especially for EVs but it could have sold equity in the South Korean parent company, which is much bigger and already listed

Fintech company Cred's Kunal Shah is top startup founder-investor

Shah has invested in 266 startups, followed by Anupam Mittal, founder of shaadi.com, who has funded 213

Trai suggests digital terrestrial broadcasting to mobile devices

With over 300 million households in India there are more than 100 million without a television connection

Rising imports from China powering India's electronics production

Other countries such as Korea and Taiwan combined have seen their imports hit $4.5 billion in FY24 but they are still half of China and Hong Kong combined

India now 3rd-largest domestic airline market; capacity doubles in 10 yrs

The LCC growth has been fueled by IndiGo; in the last decade, its market share has nearly doubled from 32 per cent to 62 per cent

Smart watch sales grew 5x but now slowing: Titan CEO Suparna Mitra

Mitra points out that Titan has seen a slow but subtle shift in the buying habits of women. In the last seven years the share of women's watches has gone up from 40 per cent to 45 per cent

A new look: Glance to offer generative AI content on TV lock-screens

Reliance Jio has invested $200 million for a 17 per cent stake in Glance and Google along with others, have put in over $145 million

Ola switches on electric vehicle battery cell tech pioneered by Tesla

Starts trial run with 4680 battery cells

More Indian passengers prefer non-stop flights to indirect ones: OAG data

The data breaks the myth that Indians prefer to use west Asian carriers as hubs for flights to the US and Europe

OEMs, electronic component companies seek greater govt support

Demand combination of upfront capex backing and PLI