Special
Get

20% Discount

Get for New Account
Register Now
Friday

May 23, 2025

28°C, overcast clouds
India
Subscribe
Subscribe

NEWSLETTER

By subscribing, you accepted the our Policy
X-twitter Facebook-f Instagram Linkedin

Foxconn’s Ennoconn Expands into India to Drive Industrial Automation Growth

In a significant boost to India’s ‘Make in India’ initiative, Foxconn’s subsidiary Ennoconn is preparing to establish its presence in the country, with a primary focus on industrial automation and digital transformation. The Taiwan-based firm has already registered a company in Tamil Nadu, aiming to introduce its advanced industrial solutions to the domestic market, according to recent reports.   Foxconn, …

Continue Reading

India’s Expanding Role in Electronics Manufacturing

Leading contract manufacturers, including Dixon Technologies, supply major global brands like Samsung, Xiaomi, Motorola, Realme, Google, Vivo, and Transsion Group. Meanwhile, Apple’s supply chain in India includes Foxconn and Tata Electronics, following Tata’s acquisition of Wistron and Pegatron’s local facilities.   With Mexico emerging as a manufacturing hub, India has the potential to become a strong alternative. To capitalize on …

Continue Reading

Government Amplifies Budget for Electronics, Semiconductors & AI, Boosting Allocation to Rs 18,000 Crore

In a significant move for the technology sector, the government has raised the allocation for key technology projects—including production-linked incentives for mobile phones, IT hardware, semiconductor schemes, and the IndiaAI Mission—by approximately 84% to Rs 18,000 crore for the next fiscal year.   According to budget documents, the current financial year’s allocation for the key electronic sector project stood at …

Continue Reading

Tata Electronics Eyes Global Expansion Beyond Apple

Tata Electronics is taking bold steps to diversify its operations and expand its client base beyond Apple, positioning itself as India’s answer to Foxconn. By engaging with global giants like Microsoft, Dell, and HP, Tata Electronics aims to establish itself as a major player in the competitive electronics manufacturing sector. From Apple Supplier to Comprehensive EMS Player While Tata Electronics …

Continue Reading

Foxconn Explores Battery Energy Storage Unit in Tamil Nadu

Foxconn, the world’s largest contract manufacturer, is in advanced talks with the Tamil Nadu government to establish a Battery Energy Storage System (BESS) unit in the state. The government has proposed approximately 200 acres of land near Manalur in the Tiruvallur district, about 50 km north of Chennai, for this ambitious project. If finalized, this would mark Foxconn’s second BESS unit globally, …

Continue Reading

Tata Strengthens Position as Apple Supplier with Pegatron Deal for Tamil Nadu iPhone Plant

India’s Tata Electronics has taken a significant step toward becoming a key player in Apple’s supply chain by acquiring a majority stake in Pegatron’s iPhone manufacturing plant in Tamil Nadu. The move marks a milestone in Tata’s rapid expansion into the lucrative iPhone production market, solidifying India’s position as a growing hub for Apple manufacturing. The joint venture, announced internally …

Continue Reading
India's Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27

India’s Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27, Driven by Government Initiatives

India’s electronic manufacturing services (EMS) market is on a robust growth trajectory, expected to surge from $17.5 billion in FY22 to $72.2 billion by FY27, reflecting a compound annual growth rate (CAGR) of 32%, according to a recent report by Motilal Oswal Financial Services. This remarkable expansion is fueled by a series of government initiatives aimed at boosting the domestic …

Continue Reading

The Joint Venture for Passenger Car Chassis Systems between ZF and Foxconn closes, accelerating strategic innovation

About: Foxconn and ZF Friedrichshafen AG have taken a significant step toward strengthening their partnership by forming a joint venture in the passenger car chassis systems industry. With Foxconn acquiring a 50% share in ZF Chassis Modules GmbH, this strategic partnership ushers in a new era of collaboration focused on mutual growth and innovation in the automotive industry. The technical …

Continue Reading

Revolutionizing the EV Industry: Infineon and Foxconn Join Forces to Create Cutting-Edge Electric Vehicles

Infineon Technologies AG, a global leader in automotive semiconductors, has signed a Memorandum of Understanding (MoU) with Hon Hai Technology Group, also known as Foxconn, the world’s largest electronics manufacturing services provider, to develop advanced electric vehicle (EV) technology. The partnership will focus on the development of silicon carbide (SiC) technology, leveraging Infineon’s automotive SiC innovations and Foxconn’s automotive system …

Continue Reading

Social

Newzin - Business Magazine

  • info@iotadda.com
X-twitter Facebook-f Instagram Linkedin

Topics

Newsletter

Register now to get latest updates on promotions & coupons.
Subscribe

© 2024 Copyrights by Iotadda. All Rights Reserved.

Join our amazing

Newsletter

For latest updates