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EPACK Durable gets Andhra Pradesh nod for Rs 1,084 crore investment under Electronics Manufacturing Policy 4.0
EPACK Durable and its subsidiary will invest over Rs 1,000 crore in Andhra Pradesh to boost manufacturing of air conditioners, washing machines, and other appliances. The state government has approved a special incentive package, including land allotment and capital subsidies, to support this expansion. This move is expected to create approximately 1,600 jobs and significantly enhance the company's production capabilities.
EPACK Durable rises after receiving Govt approval for Rs 1,084.31 crore investment proposal
EPACK Durable added 3.94% to Rs 241.65 after the company received approval from the Government of Andhra Pradesh for a tailor-made incentive package under the Mega Category of the Andhra Pradesh Electronics Manufacturing Policy (4.0).
Indian electronics manufacturers forge more and more partnerships with companies from South Korea, Taiwan, Japan
Indian electronics manufacturers are forging alliances with firms from South Korea, Taiwan and Japan, alongside exploring standalone initiatives. This proactive strategy, championed by industry leaders like Dixon Technologies and Amber Enterprises, is designed to align with government objectives for self-reliance in electronics production, targeting both local and global markets.
Defence electronics to lead next growth phase; Bharat Electronics remains top pick: PL Capital
Amit Anwani, Research Analyst at PL Capital Group, expects a defence and commercial shipbuilding pipeline exceeding ₹2 lakh crore to support growth, while Bharat Electronics remains his preferred stock under coverage, with Solar Industries also offering long-term opportunities.
Dixon-Vivo JV nears final government approval, formal nod expected soon
The government is in the final stages of approving the Dixon-Vivo joint venture, marking a major boost for India's electronics manufacturing sector. Once operational, the JV is expected to significantly expand Dixon's smartphone production capacity and strengthen its premium manufacturing portfolio.
India Semiconductor Mission 2.0 Gets Rs 1.25 Lakh Crore Nod From Finance Ministry Panel
The government expects the enhanced programme to help India meet up to 75% of its domestic semiconductor demand by 2030, reducing import dependence and supporting the country's ambitions of becoming a global electronics manufacturing hub.
AirPods Maker Luxshare Seeks Up to $3.1 Billion From Hong Kong Listing
The Shenzhen-based components manufacturer that's a key assembler of AirPods for the US consumer electronics giant is offering 383.5 million shares at a maximum price of HK$63.28 each, according to a listing document dated Tuesday.
Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
Sensitive data, including component lists and photos of upcoming iPhone 18 Pro models, has been leaked onto the dark web by a ransomware group targeting Tata Electronics, Apple's Indian supplier. This breach exposes crucial details about Apple's supply chain, potentially impacting its business relationships and revealing manufacturing secrets to rivals. The leak occurs as India's role in iPhone production significantly expands.
Multibagger defence stock Apollo Micro Systems jumps 7% despite stock market sell-off
Apollo Micro Systems shares rose over 7% on June 29, following news of a potential ₹30,000-crore order for Bharat Electronics Ltd under the QRSAM program, expected to be approved soon. The company also plans a Board meeting on July 6 for potential fundraising.
Optiemus commences manufacturing of Quectel wireless modules
Optiemus Electronics (OEL), a wholly owned subsidiary of Optiemus Infracom, has started a strategic manufacturing partnership with Quectel IoT Technologies (Quectel), a global provider of IoT and wireless communication technologies, to locally manufacture advanced wireless communication modules in India. The arrangement marks an important step in strengthening India's electronics manufacturing ecosystem and meeting the growing demand for reliable, high quality connectivity solutions across industries.
Samsung Electronics, SK Hynix to invest in two new fabrication sites in South Korea, government says
Samsung Electronics and SK Hynix will each build two new chip fabs in southwest South Korea, under a national AI and semiconductor mega project led by President Lee Jae Myung
Amber Enterprises' PCB business inks strategic pact with Schweizer Electronic
Amber Enterprises India said that IL JIN Electronics (India) and Schweizer Electronic AG have announced their intent to enter into a strategic cooperation in the field of printed circuit boards. IL