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WS Industries to develop modern logistics park for MNCs near Chennai

Infrastructure Sep 26,2023

WS Industries, under Chairman S. Nagarajan, plans to construct a sophisticated logistics park and integrated township in Sunguvarchatram, Sriperumbudur district. The company, previously involved in

India's first common testing centre for drones to come up in Tamil Nadu

Infrastructure Aug 17,2023

The Tamil Nadu government will invest Rs 45 crore to establish India's first Common Testing Centre for Unmanned Aerial Systems (drones). This initiative, part of the TN Defence Industrial Corrido

GlobalFoundries looking for local partners to establish India chip fab

Manufacturing Aug 03,2023

GlobalFoundries is seeking regional partners to establish a chip fabrication facility, possibly in India due to the availability of talent. Previous talks with local businesses didn't work out du

US-based Advanced Micro Devices to invest $400 million in India in next five years

Manufacturing Jul 31,2023

US chipmaker, Advanced Micro Devices (AMD), plans to invest $400 million in India, establishing its largest design center in Bengaluru over the next five years. AMD's Chief Technology Officer, Ma

Foxconn subsidy in talks for establishing $200 mn components plant in Tamil Nadu

Manufacturing Jul 28,2023

A Foxconn subsidiary is in talks with Tamil Nadu, India, to invest up to $200 million in a new electronic component manufacturing facility in the southern region. Foxconn Industrial Internet (FII) has

Foxconn unit in talks for $200 mn components facilities in Tamil Nadu

Manufacturing Jul 27,2023

Foxconn Industrial Internet (FII), a subsidiary of Foxconn, is in talks with the Tamil Nadu government to invest up to $200 million in establishing a new electronic component manufacturing facility in

Process of giving land to Foxconn mobile manufacturing unit nearing final stages

Manufacturing Jul 17,2023

The process of allocating land to Foxconn, a Taiwanese electronics manufacturing company and Apple Inc. supplier, for their mobile device manufacturing plant in Karnataka, India, is nearing completion

Foxconn looking to manufacture chips in India separately

Manufacturing Jul 12,2023

Following its withdrawal from a joint venture with Vedanta, Foxconn is reportedly considering independent chip production in India. The Taiwanese firm plans to seek government permission to build two

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