October 14, 2026
Home Posts tagged electronics manufacturing
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India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, a move expected to benefit global firms such as Apple. The proposal aims to provide long-term tax certainty as India continues to expand its role as a global electronics manufacturing hub and attract investments beyond China. The proposed […]Continue Reading
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U.S.-based chipmaker Intel and 3DGS Inc. USA will invest approximately $3.3 billion to establish a semiconductor substrate manufacturing facility in Odisha, marking a significant boost to India’s ambitions of becoming a global semiconductor manufacturing hub. The Indian government announced the project on Friday, highlighting its strategic importance in strengthening the Continue Reading
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India’s iPhone exports surged to a record ₹2 trillion in FY26, marking a major milestone in the final year of the government’s production-linked incentive (PLI) scheme. The achievement makes Apple Inc. the country’s largest branded exporter, underlining the rapid scale-up of local manufacturing and global supply integration. Smartphone exports from India reached around Continue Reading
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India has signed the declaration to join the US-led Pax Silica alliance at the India AI Impact Summit in Delhi, marking a major step toward strengthening global supply chains for critical minerals and artificial intelligence technologies. The alliance, spearheaded by the United States, includes partners such as Australia, Japan, Singapore, the UAE, and the UK, […]Continue Reading
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Tamil Nadu has signed investment agreements worth ₹5,980 crore to strengthen its advanced manufacturing ecosystem across electronics and aerospace. Industries Minister T R B Rajaa said the projects will generate around 8,400 jobs and reinforce the state’s position in global supply chains. The announcements were made in the presence of Chief Minister M K Stalin, […]Continue Reading
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India has delivered a significant policy win to Apple by amending its income tax rules to allow foreign companies to fund manufacturing equipment for local contract manufacturers without triggering tax liabilities. Announced as part of the Union Budget 2026–27, the change removes the risk that ownership of high-end machinery could be treated as a “business […]Continue Reading
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Foxconn, Apple’s key manufacturing partner, has hired nearly 30,000 employees for its new iPhone assembly plant in Devanahalli near Bengaluru, completing the recruitment in just nine months. Spread across 300 acres, the facility marks one of the fastest manufacturing scale-ups in India and plays a crucial role in Apple’s strategy to reduce its reliance on […]Continue Reading
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India’s electronics manufacturing industry has welcomed the implementation of the four long-pending labour codes, stating that they will strengthen workforce trust, reduce attrition, and significantly expand women’s participation. The India Electronics & Semiconductor Association (IESA) said the reforms will improve health and safety standards, provide stronger social Continue Reading

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