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MG Motor India, JSW Group joint venture may go live in a few weeks

MG expects EV penetration in India to hit 4% in CY24

Uber way behind Ola in India: Bhavish Aggarwal responds to Khosrowshahi

Uber chief had said Ola was foraying into other areas but Uber was focused on ride-sharing business

Controversy over EGM results adds to edtech major Byju's troubles

The meeting was called by some leading investors such as Prosus and General Atlantic and there were seven resolutions at the EGM

Can India build a local electronics supply chain free from Chinese firms?

The good news is that the government is now willing to reassess its policy, as it starts discussions with stakeholders for a new PLI scheme specifically for electronic compon­ents

Indian Premier League runners-up in league of broadcasting rights value

Indian Premier League runners-up in league of broadcasting rights value

Local suppliers, MNCs voice concerns over DPIIT's Make in India push

Class-I suppliers, whose goods, services or works offered for procurement has local content equal to or more than 50 per cent may see it hiked to 70 per cent

Govt hits 79% of revised EV targets under FAME II as of February 18

Based on segments, the target achieved in electric two-wheelers is 78 per cent, for electric three-wheelers 88 per cent, and for electric four-wheelers much lower at 56 per cent

Is 2024 the year when electric cars finally come to the automotive party?

Most of the big carmakers are eligible for PLI. It will help them reduce their costs. Carmakers also see India as a potential hub for electric car exports

6x rise in demand for women apprentices in manufacturing sector: TeamLease

Auto, electronics sectors have become gender-agnostic in apprentices' recruitment for the shop floor: TeamLease

India outpaces peers in light vehicle sales growth: S&P Global Mobility

Sales grew 35% in CY23 compared to pre-pandemic level of CY19

It is not about EV vs hybrid but reducing emission: Maruti's RC Bhargava

Maruti Suzuki chairman said electrification may not lead to reduced carbon emission

Battery capacity lowered due to electric vehicle target scale-down

The government has earmarked Rs 250 crore for incentives under the PLI scheme for batteries in FY24-FY25

India's smartphone market grew by a nominal 1% in 2023, shows IDC data

The market grew 11% year-on-year in second half of CY23, compensating for the sharp 10% decline in the first half

A fresh twist: Next Orbit, ISMC give Tower Semiconductor legal ultimatum

The communication was sent on January 24, but late last week there were reports that Tower had applied to the Indian government to set up a fab plant that will make chips of 40-65 nanometres

HMD unveils strategy to recover lost ground in Indian smartphone market

But company executives clarified that it will continue to make Nokia phones and move to a multi-brand strategy across the globe

Remaking PLI: Can a revamp of the scheme plug the gaps and speed things up

PLI is Prime Minister Narendra Modi's dream scheme to transform India into a manufacturing hub for the world

After brisk start, electric vehicle penetration loses momentum in FY24

Electric two-wheelers, which were expected to lead the charge, are a case in point, especially after the government sharply cut back the subsidy given to manufacturers in the middle of last year

India closes in on Vietnam for tag of 'alternative to China' in tech sector

Owing to the persistent strain in US-China relations, Chinese supply chains have been looking at moving out of their country to locations which the US considers to be 'friendly'

Padma Bhushan for Young Liu embodies how Foxconn has grown roots in India

But to flower further, it may need to reduce dependence on Apple Inc

Only 38% of Fame 2 subsidy used so far in FY24, shows govt data

In 2023-24, according to MHI, the budgeted allocation was Rs 5,171.97 crore