India has seen a significant shift towards becoming a global manufacturing hub, largely due to the ‘Make in India’ initiative which began a decade ago. According to the Ministry of Electronics & IT’s recent announcement, this program has enhanced domestic production, decreased reliance on imports, and generated substantial employment. Continue reading “99.2% of mobile phones sold in India now made locally: IT Minister”
Damson Technologies has announced the establishment of a state-of-the-art manufacturing facility in Ahmedabad, Gujarat, with a planned investment of Rs. 200 crore. Continue reading “Damson Technologies opens manufacturing hub in Ahmedabad with Rs. 200 crore investment”
Intel India has introduced a range of locally made laptops and IT products at the India Tech Ecosystem Summit in New Delhi. The summit showcased devices from various local manufacturers, emphasizing Intel’s commitment to supporting India’s technology-driven growth through the Make in India initiative. Continue reading “Intel India unveils domestic manufacturing at Tech Ecosystem Summit”
Reliance Strategic Business Ventures Limited (RSBVL), the largest private sector firm in India and a leading provider of integrated manufacturing solutions, and Sanmina Corporation today announced that the joint venture transaction that was announced back in March has been finalized. The total enterprise valuation of the deal is about Rs. 3,300 crore.
