Budget 2024: Rs 6,903 cr allocation for semiconductor scheme could mean more plans in pipeline
Currently, over 12 large projects are under discussion between investors and government as per information available in public domain.
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Currently, over 12 large projects are under discussion between investors and government as per information available in public domain.
It will be Tata’s second facility in India after the Karnataka facility that was taken over from Taiwanese firm Wistron
Hostels for 60,000 workers are being built in Tamil Nadu's Sriperumbudur as Bharat FIH and other contract manufacturers, such as Foxconn International's India unit, Pegatron, and Tata Electronics, aim to expand iPhone manufacturing in India. The rise in domestic mobile phones and electronics production in India has been fueled by the PLI scheme, resulting in $15 billion worth of exports from April to October 2023. However, the contract labor regime in India has faced worker-led disruptions and concerns of exploitation.
Wistron Infocomm Manufacturing (India) operates an iPhone assembly plant near Bangalore
The Competition Commission of India (CCI) has approved the proposals for stake acquisitions in Religare Enterprises (REL) by four entities controlled by the Burman family members. These entities aim to acquire a majority shareholding of up to 53.94% in REL and collectively exercise joint control over the company.