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
·
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
·
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
·
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
