Wednesday, Aug 10, 2022
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PLI Scheme To Unlock India's Manufacturing Capacity, Says ICRA

PLI Scheme To Unlock India's Manufacturing Capacity, Says ICRA

With an aim to boost manufacturing, employment generation, import reduction and exports growth, the PLI scheme covers strategically significant sectors that have seen surging demand and are critical to developing manufacturing capabilities.

17 February 2022
Vedanta, Foxconn Team Up To Manufacture Semiconductors In India

Vedanta, Foxconn Team Up To Manufacture Semiconductors In India

Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore programme to...

14 February 2022

US Firm C4V Rolls Out Lithium Slim Energy Reserve Platform In India

Lithium slim energy reserve (LiSER) brings a cobalt and nickel free lithium-ion battery cell technology, providing 40 to 50 per cent higher energy density and...

MeitY To Hire CEO, CTO, CFO For India Semiconductor Mission

MeitY To Hire CEO, CTO, CFO For India Semiconductor Mission

The Union Cabinet in December approved the Semiconductor India programme with a total outlay of Rs 76,000 crore for the development of the semiconductor and...

06 February 2022

Shortage Of Semiconductors Curtailed Production: Economic Survey

The government's move to earmark Rs 76,000 crore outlay for semiconductors and display manufacturing segment will aid their production in the country.

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23 January 2022
Intel To Build $20 Billion Ohio Chip Facility Amid Global Shortage

Intel To Build $20 Billion Ohio Chip Facility Amid Global Shortage

The move could also create a new technology hub in central Ohio as related businesses that support chip manufacturing open new facilities and bring expertise...


20 January 2022
European Commission Announces New Policy For Expansion Of Chip Production

European Commission Announces New Policy For Expansion Of Chip Production

The European Commission President said Europe's global semiconductor market share is only 10 per cent and most of its supply comes from a handful of producers...


14 January 2022
Passenger Vehicle Wholesales Slip 13% In December Amid Chip Shortage

Passenger Vehicle Wholesales Slip 13% In December Amid Chip Shortage

Passenger vehicle dispatches last month stood at 2,19,421 units compared to 2,52,998 units in December 2020.


05 January 2022
Chip Shortages Dampen Volvo Car Sales By 18.1% In December

Chip Shortages Dampen Volvo Car Sales By 18.1% In December

The global vehicle sales fall to 64,436 cars in December, with sales in Europe dropping to 15.1%, and sales in the USA falling to 26.7%.


05 January 2022
Semiconductor Woes Dampens Passenger Vehicles Retail Sales by 11% in December

Semiconductor Woes Dampens Passenger Vehicles Retail Sales by 11% in December

The passenger vehicle (PV) retail sales last month fell 10.91 per cent to 2,44,639 units from 2,74,605 units in December 2020.


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03 January 2022
Are Government’s New Schemes For Semiconductors Enough To Make India Atmanirbhar?

Are Government’s New Schemes For Semiconductors Enough To Make India Atmanirbhar?

Overall, the four schemes are well-thought-out and deserve praise but converting good ideas to good policies requires a lot of regulatory and financing capacity


11 December 2021
Chip Shortage Explained: How We Got Here And Why It Persists

Chip Shortage Explained: How We Got Here And Why It Persists

Their demand had far exceeded the supply even before Covid-19 but the pandemic-induced lockdowns forced the chip-making facilities across the world to shut...


08 December 2021
Can Indian Auto Industry Overcome The Challenge Of Chip Shortage?

Can Indian Auto Industry Overcome The Challenge Of Chip Shortage?

Chip shortage in the international market has had a bearing on the sales and revenue of car companies that were hoping to cash in on the pent-up demand from...


02 December 2021
Maruti Suzuki To Hike Prices Of Its Vehicles From January 2022

Maruti Suzuki To Hike Prices Of Its Vehicles From January 2022

Maruti Suzuki said the hike is in response to an increase in input costs observed in the past year. The hike has been planned for January 2022.


01 December 2021
Maruti Suzuki's Total Sales In November Fall Approx 9.2% YoY To 1,39,184

Maruti Suzuki's Total Sales In November Fall Approx 9.2% YoY To 1,39,184

Maruti Suzuki said the semiconductor shortage had a minor impact on vehicle production in November. It added that the semiconductor shortage bothered...


30 November 2021
Maruti Suzuki Expects Semiconductor Shortage To Impact Production In December

Maruti Suzuki Expects Semiconductor Shortage To Impact Production In December

Maruti Suzuki stated that although the situation continues to be dynamic, total vehicle production in its Gujarat and Haryana manufacturing location could be...


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01 November 2021
Tata Motors' Sales Up 30% YoY In October To 67,829

Tata Motors' Sales Up 30% YoY In October To 67,829

The company informed that its passenger vehicles sales in the domestic market in October increased 44 per cent to 33,925 units. It had sold a total of 23,617...


01 November 2021
Maruti Suzuki's Total Sales In October Fall About 24.2% YoY As Semiconductor Shortage Hits Production

Maruti Suzuki's Total Sales In October Fall About 24.2% YoY As Semiconductor Shortage Hits Production

Maruti Suzuki informed that the vehicle sales in October were affected by the semiconductor shortage. However, it informed that the company sold more vehicles...


30 October 2021
Maruti Expects Impact On Production Due To Semiconductor Shortage

Maruti Expects Impact On Production Due To Semiconductor Shortage

Earlier this month, the automobile manufacturer had reported that its total sales in September fell by approx 46.2 per cent on a year-over-year basis to 86,380...


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