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Mar 26, 2025

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Consumer Electronics Manufacturers Expand Horizons, Leverage Government Incentives

India’s consumer electronics and automotive component industries are witnessing a strategic shift as leading manufacturers expand into new domains, driven by government incentives and increasing localization efforts. Contract manufacturers such as Dixon Technologies, Amber Enterprises, and Epack Durables are diversifying into automotive component manufacturing, while auto parts giants like Uno Minda, Lumax Industries, and Hella India Automotive are expanding their …

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Reviving Old Machines: How IIoT Breathes New Life into Legacy Equipment

Manufacturing companies are always looking for ways to boost production, reduce downtime, and improve efficiency. Thanks to the Industrial Internet of Things (IIoT), businesses can now upgrade their old machines without investing in brand-new equipment. This process, known as retrofitting, allows companies to modernize their operations cost-effectively.   Why Aren’t More Manufacturers Using IIoT? Even though the global IIoT market …

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India’s Industrial Smart Cities Get ₹28,602-Crore Push Under NICDP

India is charting its course toward futuristic urban industrial landscapes with the approval of 12 industrial smart city projects under the National Industrial Corridor Development Program (NICDP). Announced by Union Commerce and Industry Minister Piyush Goyal in the Rajya Sabha, this ambitious initiative entails a ₹28,602-crore investment, including land costs, dedicated to developing state-of-the-art trunk infrastructure.   Transforming Urban Industrial …

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MeitY nod for Rs 500 crore Pune EMC project 

 The EMC, which will come up in Ranjangaon Phase III, will be set up over an area of 297 acres.   New Delhi: The government has approved an Electronics Manufacturing Cluster (EMC) in Pune at a cost of Rs 500 crore, senior officials said.   The EMC, which will come up in Ranjangaon Phase III, will be set up over an area of 297 acres.  The proposal, approved …

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Samsung increases investment in non-memory chips to $151bn

On 13th May 2021, Samsung said it would invest $151 billion in non-memory chips between now and 2030, raising a previous investment target of $115 million set in 2019. Samsung says it will use the investment to accelerate R&D for foundry processes and fab lines. In April, TSMC said it would invest $100 billion in the next three years to …

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India Drafts Policies For Internet of Things

When the entire world is rapidly advancing in technology, India is no behind. The Indian Government has drafted its policies that will nurture the future of India in the IoT sector. Team IoTAdda studied the policies which included some major points that can shape India’s future. The policy drafted a number of issues and proposed some points for Internet of …

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