Taiwan’s Pegatron, Tata Electronics to invest in Tamil Nadu to make phones, parts
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Taiwan’s Pegatron, Tata Electronics to invest in Tamil Nadu to make phones, partsBy Ganesh Nagarajan, Bloomberg
Last Updated: Jan 30, 2021, 04:03 PM IST
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Tata Electronics will invest Rs 5,763 crore ($790 million) for making mobile phone components and Pegatron will invest Rs 1,100 crore to make mobile phones as part of its phase I investment, the Tamil Nadu government said in a statement Friday.
India has been successful in luring global phone assemblers that want to diversify their dependency on China in the wake of coronavirus pandemic and the trade tensions between Beijing and Washington.
Taiwan s Pegatron, Tata to invest in Tamil Nadu to make phones, parts
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. Updated: 30 Jan 2021, 04:17 PM IST Bloomberg
Tata Electronics will invest ₹5,763 cr for making mobile phone components and Pegatron will invest ₹1,100 cr to make mobile phones as part of its phase I investment
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Taiwan’s Pegatron Corporation and Tata Electronics will invest separately in Tamil Nadu to make mobile phones and parts.
Tata Electronics will invest ₹5,763 crore for making mobile phone components and Pegatron will invest ₹1,100 crore to make mobile phones as part of its phase I investment, the Tamil Nadu government said in a statement Friday.
Union Budget 2021: Govt should invest in clinical trials, enable policies to empower pharma sector With poor historical spends on healthcare, there is an urgent need to raise the allocation substantially for health as a proportion of GDP FP Staff January 30, 2021 06:22:20 IST Image courtesy State Public Health Laboratory in Exton Tests for COVID-19 by Governor Tom Wolfe
In the wake of the pandemic that struck in 2020 paralysing businesses and lives of people, the expectations from Budget 2021 centre around the allocation of higher spending towards healthcare. The pandemic brought home the need for a strong healthcare infrastructure to ensure a sustainable economy. Experts in the sector, pharmaceutical firms and startups share their expectations from Budget 2021 with
Updated Jan 30, 2021 | 19:16 IST | PN Sudarshan
Measures such as providing infrastructure status to data centres, promoting robust connectivity, and ease of doing business for the digital infrastructure sector, would accelerate investments and growth. Incentivise R&D, promote ease of doing business: What the tech sector expects from Budget 2021 | Photo Credit: BCCL
New Delhi: Union Budget 2021 comes at an important juncture as the economy is recovering from the Covid-19 pandemic impact. Technology is now more integrated with our everyday life and is fundamentally changing the way businesses interact with their customers and manage the supply chain. India is one of the fastest-growing digital markets in the world. Schemes such as Production Linked Incentive (PLI) scheme for electronics manufacturing created a positive outlook for the industry and also generated significant interest from global investors.
China still ‘largest source of critical items’ for India
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India is working on a multi-pronged strategy to reduce this reliance.
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Representative Image: India has been working on a multi-pronged strategy to reduce its dependence on China, ranging from the Production Linked Incentive (PLI) scheme to boost domestic manufacturing. File Photo.
India is working on a multi-pronged strategy to reduce this reliance.
China still remains the largest source of critical imports for India, from mobile phone components to pharmaceutical ingredients, and India is working on a multi-pronged strategy to reduce this reliance, which is a bigger concern than the imbalance in trade.