Apple boosts iPhone production in India, diversifies away from China
Technology giant Apple has reportedly manufactured a whopping $14 billion worth of iPhones in India during the last fiscal year. This significant production milestone marks [more…]
Category: India
Clearbot to launch bigger solar-powered boats for cleaning polluted waters
Clearbot, a marine tech start-up based in Hong Kong, is gearing up to introduce a new generation of larger solar-powered autonomous boats to enhance its [more…]
Google Pay expands United Payments beyond Indian borders, aims for global reach
Google Pay, the tech giant’s mobile payment system, is set to broaden its reach beyond India through an agreement with the National Payment Corporation of [more…]
Chinese payments giant seizes opportune timing for exit as Zomato shares surge over 90% this year
In a strategic move, Chinese payments group Alipay, a subsidiary of Ant Group, is set to sell its 3.4% stake in Indian food delivery giant [more…]
India has selected 27 companies, including Lenovo, HP, and Dell, as beneficiaries for PLI 2.0 incentives
In a significant move to strengthen its position in the global electronics supply chain, India has approved subsidies for some of the world’s leading tech [more…]
Tata Group to manufacture iPhones in India, bolstering ‘Make in India’ initiative by acquiring Wistron
In a groundbreaking move that heralds a new chapter in India’s tech manufacturing landscape, Tata Group, a colossal conglomerate with a diverse portfolio, is set [more…]
Fast-fashion startup Virgio, with a valuation of $161 million, is set to cease operations
Virgio, a fast-fashion startup founded by former Myntra chief, is closing down less than a year after securing funding with a valuation exceeding $160 million. [more…]
PhonePe from India introduces fee free app store, challenging Google’s dominance
PhonePe, the Walmart-backed fintech company based in Bengaluru, India, has introduced the Indus AppStore Developer Platform, aiming to attract Android developers in India’s vast market. [more…]
Foxconn partners with STMicro for semiconductor factory bid in India
Foxconn Technology Group, is joining forces with STMicroelectronics NV in a joint venture aimed at constructing a semiconductor manufacturing facility in India. Their objective is [more…]