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Bharat Forge, Thales Partner to Build 70-mm Rocket Systems in India

By Uniquetimesorg September 3, 2026 0

India’s Bharat Forge said its defence unit, Kalyani Strategic Systems (KSSL), has signed an agreement with France’s Thales to establish local manufacturing capabilities for advanced 70-mm rocket systems. The partnership will combine Thales’ rocket technology and expertise from Belgium with KSSL’s engineering, manufacturing and testing capabilities in India. The 70-mm Continue Reading

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India Targets $51 Billion Import Substitution

By Uniquetimesorg July 16, 2026 0

India has identified $51 billion worth of critical imports that could be manufactured domestically as part of a major push to strengthen local industries and reduce dependence on foreign suppliers. According to government sources, around 100 key products across sectors such as footwear, textiles, electric vehicles, and solar panels have been shortlisted for immediate Continue Reading

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India Approves ₹1.28 Lakh Crore Semiconductor Push, Expands Mobile Manufacturing Incentives

By Uniquetimesorg July 15, 2026 0

India’s Union Cabinet has approved a major expansion of the country’s semiconductor programme, allocating ₹1.28 trillion ($13.3 billion) to strengthen chip manufacturing, research and development, intellectual property creation, and semiconductor design. The investment will also support the establishment of additional fabrication plants as India accelerates its Continue Reading

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Intel, 3DGS to Invest $3.3 Billion in Odisha Semiconductor Substrate Plant

By Uniquetimesorg May 29, 2026 0

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 Cross ₹2 Trillion Mark on PLI Boost

By Uniquetimesorg April 30, 2026 0

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 Approves $3.6 Billion Plan for 100 Industrial Parks to Boost Manufacturing

By Uniquetimesorg March 18, 2026 0

The Union Cabinet of India has approved an investment of $3.6 billion (₹336.60 billion) to develop 100 industrial parks, aiming to strengthen domestic manufacturing capabilities. The announcement was made by Ashwini Vaishnaw, highlighting the government’s focus on expanding industrial infrastructure. The parks will be developed through joint ventures involving state Continue Reading

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Cabinet Clears ₹33,660 Cr BHAVYA Scheme to Build 100 Industrial Parks

By Uniquetimesorg March 18, 2026 0

The Union Cabinet, led by Narendra Modi, has approved the ₹33,660 crore Bharat Audyogik Vikas Yojana to accelerate India’s manufacturing growth. The initiative aims to develop 100 plug-and-play industrial parks across the country, offering ready-to-use infrastructure for businesses and investors. The scheme focuses on ease of doing business by providing pre-approved land, Continue Reading

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India Plans Major Easing of Defence FDI Rules to Attract Global Investors

By Uniquetimesorg January 16, 2026 0

India is preparing to significantly relax foreign investment rules in its domestic defence sector, aiming to attract global manufacturers and strengthen local production, according to government sources. The proposed changes come as New Delhi seeks to boost self-reliance in defence manufacturing following last year’s deadly conflict with Pakistan and rising regional Continue Reading

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Government Mandates 20% Local Content for VGF-Funded Battery Storage Projects

By Uniquetimesorg December 26, 2025 0

In a fresh push to promote domestic manufacturing, the Ministry of Power has made it mandatory for battery energy storage system (BESS) projects supported under the viability gap funding (VGF) scheme to source at least 20% of their total project cost locally. The new clause applies to all future procurements and requires states and implementing […]Continue Reading

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Foxconn Builds Mega iPhone Hub in India, Hiring 30,000 Workers with Women at the Core

By Uniquetimesorg December 22, 2025 0

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