Insights
US to sign semiconductor MoU with India as China breathes fire
US Commerce Secretary Gina Raimondo on Thursday said she will sign an MoU on the semiconductor sector with India to promote cooperation in the segment as it holds huge opportunities. She also said that several...
India transformed from being IT to designing and manufacturing hub: Rajeev Chandrasekhar
India transformed from being IT to designing and manufacturing hub: Rajeev Chandrasekhar- Provided by The Times of India BENGALURU: Union minister Rajeev Chandrasekhar has said electronic chains globally have...
Govt efforts helping bring more women into the workforce: Sundram Fasteners’ MD Arathi Krishna
ARATHI KRISHNA MD, SUNDRAM FASTENERS Arathi Krishna, managing director at Sundram Fasteners, says when she joined the automobile component maker, just 1% of its employees were female, but she has managed to...
India is a trusted tech partner, says US Trade Secretary
New Delhi : India is a “trusted technology partner” and could become a key supplier of electronic parts and hardware, US commerce secretary Gina Raimondo said Friday while pointing out that the actions...
Germany looking at sourcing workers from India to address skills shortages
Germany is looking for skilled Indians. From IT professionals to nurses, masons, and STEM students at German universities, who will have the opportunity to join jobs after their courses; the German coalition...
China’s role in global manufacturing under pressure as more European firms look to Vietnam and India, surveys show
A growing number of foreign firms are considering alternatives for production and manufacturing after China’s zero-Covid restrictions, two new surveys show. Alain Cany, chairman of the European Chamber of...
India beginning to take manufacturing away from China, says Mark Mobius
Mobius remains optimistic on Indian software and infrastructure related stocks. The Indian economy has reacted well to the ongoing slowdown in global markets on the back of government policies and a...
Biggest manufacturing unit in India of Apple iPhone coming up in Hosur
The biggest unit to manufacture Apple iPhone in India is coming up near Hosur in Bengaluru, which will employ around 60,000 people, Telecom and IT Minister Ashwini Vaishnaw said on Tuesday. While speaking at...
India’s target is to make electronics industry worth $300 billion by 2025-26
In semiconductor, the government aims to create manufacturing capacity, packaging, design, verification capabilities, research and skills. Union minister of state for entrepreneurship, skill development,...
Growth of Mask Manufacturers in India – Foreign Businesses Tapping into India’s Mask Making Potential.
Just as well. If not for the virus, then for the pollution, Indians will always need masks. So the fact that the growth of mask manufacturers in India is accelerating, makes sense doesn’t it?. And on top...
Is India Replacing China in Manufacturing of Electronics?
With Tiktok, PUBG and numerous other apps already out of the picture, it’s not news that China is up against the entire world right now. This ultimately has been a serious setback for the country, with the...
Why are Companies Moving Out of China?
China has been an undisputed leader in the manufacturing space for quite some time now. Also known as ‘The World’s factory’, the Chinese economy thrives as a manufacturing powerhouse hosting thousands of...
Outsourcing Automotive Manufacturing: A Huge Opportunity for India.
The tensions between China and the US on top of the deadly pandemic that is tormenting the world has forced many automotive manufacturers to shift production out of China. Also, with globalization levelling...
Pharmaceutical Industry Growth in India
India enjoys an important position in the global pharmaceuticals sector and is on a good growth path. The Pharmaceutical Industry Growth in India has been growing at a compounded annual growth rate (CAGR) of...
Government Policies to Encourage New Setups in India
As a result of trade tensions between the US and China, many manufacturers have decided to shift production out of China. India, one of the world’s fastest-growing large economies that signifies large growth...
Manufacturing Plant in India vs China
Have you ever considered relocating your China manufacturing plant in India? If you answered yes to this question, you are not alone. Several companies are actively looking to diversify supply chains due to...
Legal Consideration for Outsourcing Work to India.
With its 1.3 billion people and a history of upholding strong democratic values, India is easily one of the leading destinations for outsourcing transactions, both in the manufacturing sector and service...
Why is this the right time to tap into the globally competitive Indian manufacturing industry
India has the potential to be the key manufacturing base for corporations relying on global value chains. We did a global cross-industry study to understand it deeply, so that it could help brands make an...
How we enabled Amtel Security Systems, Inc. to shift to a Global Capability Center (GCC) reducing their sourcing costs by up to 40%?
Client: Amtel Security Systems Inc Florida Miami US based Technology Company Product Company, a leading supplier of Visitor Management and control Systems for Parking Management to Airports, communities and...
Why thousands of companies have decided to move their manufacturing to India
India is one of the most progressive countries across the globe, which has larger potential and an enormous market with the population of 1.36 billion individuals. According to world bank’s data, India’s GDP...