MANUFACTURING
MeitY Notifies MPMS To Boost India’s Electronics Production Ecosystem
The Ministry of Electronics and Information Technology (MeitY) has notified the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aimed at strengthening India’s position as a global mobile phone manufacturing hub and deepening the domestic electronics supply chain. The five-year scheme, which will run from FY27 to FY31, seeks to increase […]
CW Bureau
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Aug 21, 2026
MANUFACTURING
SEMICON India 2026 To Bring 500 Exhibitors To New Delhi In September
India’s semiconductor ambitions will take centre stage at SEMICON India 2026, with the fifth edition of the country’s biggest semiconductor event scheduled to be held from September 17-19, 2026 at Yashobhoomi (India International Convention and Expo Centre), Dwarka, New Delhi. Prime Minister Narendra Modi is scheduled to inaugurate the three-day event on September 17. Themed […]
CW Bureau
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Aug 20, 2026
STARTUP/TECHNOLOGY
Jubilant Ingrevia To Buy 40% Stake In Zettaone Technologies For ₹189 Cr
Jubilant Ingrevia Ltd, a specialty chemicals manufacturer, has entered into a binding agreement to acquire a 40% strategic stake in Zettaone Technologies India Pvt Ltd for ₹189 crore, marking its entry into the electronics development and manufacturing services space. The acquisition will be completed in two tranches. The first tranche is expected to close by […]
CW Bureau
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Aug 19, 2026
MANUFACTURING
Semicon 2.0 Set To Augment India’s Chip-Making Footprint Significantly
The Indian Cabinet has approved Semicon 2.0, a comprehensive semiconductor development programme with a budgetary outlay of ₹1,27,500 crore, aimed at accelerating India’s emergence as a global semiconductor design and manufacturing hub. Building on the momentum created by the India Semiconductor Mission (ISM) under Semicon 1.0, the new programme seeks to create a complete semiconductor […]
CW Bureau
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Jul 15, 2026
MANUFACTURING
Cabinet Approves ₹62,500-Cr 5-Year Mobile Phone Manufacturing Scheme
The Indian Cabinet has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aiming to deepen domestic value addition, strengthen supply chains and position India as a global hub for mobile phone manufacturing and innovation. The five-year scheme, which will run from FY2026-27 to FY2030-31, succeeds the Production Linked Incentive […]
CW Bureau
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Jul 15, 2026
MANUFACTURING
ATM Maker Hyosung TNS Eyes Tamil Nadu To Tap India, Export Markets
South Korea-based Hyosung TNS, a global leader in self-banking technologies, is considering setting up a greenfield manufacturing facility in Tamil Nadu to produce automated teller machines (ATMs) for domestic and international markets, highlighting India’s growing importance as a manufacturing and export hub for global technology companies. Industry observers said the proposed investment reflects a broader […]
CW Bureau
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Jun 14, 2026
MANUFACTURING
Polymatech Expands Global Footprint With Singapore CoB Packaging Plant
Chennai-based Polymatech Electronics Ltd has expanded its global manufacturing presence with the inauguration of an advanced electronics manufacturing facility in Singapore through its wholly owned subsidiary, AEIM Pte Ltd. The company has committed an investment of approximately $25 million (S$32 million) in the facility, which will serve as Polymatech’s Asia-Pacific manufacturing hub for LED Chip-on-Board […]
CW Bureau
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Jun 10, 2026
ECONOMY
India’s ECMS Pipeline Expanded, 29 New Proposals For ₹7,104 Cr Okayed
The Union Ministry of Electronics and Information Technology (MeitY) has approved 29 additional proposals under the Electronics Components Manufacturing Scheme (ECMS). This is in continuation of the earlier approval of 46 applications worth ₹54,567 crore. These fresh approvals entail a projected investment of ₹7,104 crore and are expected to drive production worth ₹84,515 crore. The […]
CW Bureau
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Mar 31, 2026
MANUFACTURING
Aequs, Karnataka Ink ₹2,856-Cr MoU For Aerospace Precision Facilities
Belagavi-based Aequs Ltd (formerly Aequs Pvt Ltd) has entered into a non-binding memorandum of understanding with the Karnataka Government to set up manufacturing facilities for aerospace precision engineering products and consumer electronics enclosures, with a proposed investment of ₹2,856 crore over five years. The project will be implemented through its subsidiaries across multiple locations, strengthening […]
CW Bureau
·
Mar 26, 2026
