local manufacturing

Elon Musk Need To Do This Immediately If He Wants Tax Incentives For Tesla In India Tesla will have to commit to sourcing at least $500 million of auto components from India in order to get an import tax cut on its vehicles. Increase…

It also liberalised drone operation rules in order to make owning and operating drones easier. The government has issued a ban on imports of drones in order to promote local manufacturing under Make in India scheme with effect from…

It is expected to attract investment of Rs 1.67 lakh crore. The Union Cabinet has approved the production-linked incentive scheme (PLI) for semiconductors which would incentivise those manufacturing in India. Overview …

Xiaomi is planning to invest around $1 Billion in Indian startups. It has already started work on the first draft of the investment module. The company will invest around Rs 6000 to 7000 crores in around 100 startups in the country in the…

As the parley between Apple and central government is almost settled with no concession grants, the smartphone company has stepped forward for manufacturing iPhones in India by soon starting “trial assembly” of iPhones within the…

In order to start assembling iPhones in India, Apple had sent a long list of demands and wishes to the Indian Govt., which included tax holiday for 15 years and more. We had initially assumed that Govt. will never listen to these…

Apple is now behaving like that spoilt brat, who is adamant on getting what he desires - by hook or by crook. After a series of demands for establishing domestic production units, Apple has now thrown in another set of demands from…

In what could be yet another big win for #MakeInIndia initiative launched by the Modi Government, Apple is now keen to start manufacturing iPhones in India. Citing unnamed senior Govt officials WSJ (paywalled) has said that Apple is…

Oppo is very appropriately called the Apple of China, for their innovative smartphones that have distinct hardware features and complimentary software features. The Chinese company has planned to spend 10x more in marketing this fiscal,…

The Government and the technology giant, Apple, have been in a tussle for very long and there seems to be no resolution to it. Wishing to open its own stores in India, Apple has been trying to put forward some exceptions before the…