Author: em@pi-india

Tata Electronics has appointed KC Ang as the President and Head of its *Foundry business – Tata Semiconductor Manufacturing. He will report to *Randhir Thakur, CEO & MD of Tata Electronics, and lead the company’s semiconductor manufacturing operations. KC Ang brings over 30 years of experience in the foundry industry, having previously served as President – Asia and Chairman – China at *Global Foundries, a global leader in semiconductor manufacturing. His expertise spans *fab start-up, operations, technology transfer, and industry relationship management. Expressing his enthusiasm for the new role, Ang stated, “The Indian semiconductor industry is at a pivotal stage…

India’s manufacturing sector saw a significant boost in March, reaching an eight-month high, driven by strong demand, increased factory orders, and higher production levels, according to a recent survey. The HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to *58.1 in March, up from **56.3 in February, signaling a *substantial improvement in the sector’s health and staying above its long-term average. This marks a strong recovery from February’s 14-month low, when new orders and production had slowed. A PMI score above 50 indicates *expansion, while below *50 signals *contraction. The survey highlighted that new orders, a key sub-component, grew at…

Chinese electric vehicle (EV) manufacturer Build Your Dreams (BYD) has dismissed reports claiming it is establishing a manufacturing facility in India. Recent media reports suggested that BYD was planning to set up a plant in Hyderabad for local EV production, but the company has refuted these claims. According to The Bridge Chronicle, BYD clarified that while it continues to explore opportunities in India, it has no concrete plans to set up a manufacturing facility in Hyderabad or elsewhere. The company emphasized that any future investments would depend on market conditions and regulatory assessments. Recent reports also speculated that BYD would…

Foxconn is set to manufacture 25-30 million Apple iPhones at its Indian facilities this year, more than doubling last year’s production of approximately 12 million units. This expansion aligns with Apple’s strategy to strengthen its manufacturing footprint in India and diversify its global supply chain, according to sources familiar with the plans. The Taiwanese electronics giant has been conducting limited trial operations at its Bengaluru plant for the past three to four months, signaling significant progress in its Indian expansion. “With the Bengaluru facility developing rapidly, Foxconn has set higher production targets, in line with Apple’s growing presence in India,”.…

Accenture and Siemens have launched the Accenture Siemens Business Group, a newly established joint unit aimed at developing software-defined products and manufacturing processes, with a strong focus on agentic AI. Announced at Hannover Messe 2025, this initiative extends the companies’ strategic partnership and will employ 7,000 professionals worldwide with expertise in manufacturing and IT. The group will drive innovation in software-defined factories by combining industrial technology with AI-driven engineering and manufacturing solutions. Leveraging Siemens’ Xcelerator portfolio for automation, industrial AI, and software, alongside Accenture’s expertise in data and AI, the initiative aims to help companies transform their engineering and manufacturing…

PepsiCo, the global snack and beverage giant, is making a significant investment in Tamil Nadu by establishing a new manufacturing plant in Mannapparai, near Tiruchirapalli. The company has secured 28 acres in the Sipcot Industrial Park, where it will produce a range of snack items, including its popular potato chips. This move aligns with PepsiCo India’s broader strategy to scale up its snack manufacturing operations across the country. Interestingly, Mannapparai is already renowned for its traditional ‘murukku,’ a crunchy South Indian delicacy. The Tamil Nadu government is actively working to develop the region into a major food park, creating opportunities…

On March 25, 2025, Finance Minister Nirmala Sitharaman stated that the Finance Bill 2025 introduces significant tax relief while maintaining a realistic 13.14% growth projection in personal income tax collection, backed by solid data. During her response to discussions in the Lok Sabha, she emphasized that the customs duty rationalization outlined in the Budget will bolster manufacturing, enhance domestic value addition, promote exports, streamline trade, and provide relief to the public.

Asian Paints Limited has announced an upward revision in its investment for the upcoming manufacturing facility in Dahej, Gujarat. The company’s Board of Directors, in a meeting held on March 27, 2025, approved an additional capital expenditure of ₹690 crore, raising the total project cost from the initially estimated ₹2,560 crore to ₹3,250 crore. According to the regulatory filing, the cost escalation is attributed to pre-operative expenses and increases in overall project costs. The investment aims to enhance the company’s production capacity, strengthen its supply chain, and meet the growing demand for high-quality paints and coatings in the Indian market.…

BYD is set to deepen its presence in India with plans to establish its first full-scale manufacturing facility in the country. Reports suggest the Chinese EV giant is eyeing Hyderabad for this massive project, with a proposed investment of ₹85,000 crore ($10 billion). Currently, BYD operates a small assembly base in Tamil Nadu, focusing on electric buses. The new facility, spanning over 500 acres, is expected to produce up to 600,000 EVs annually by 2032. Additionally, the company is working on a battery production unit with a 20 GWh capacity, further strengthening its foothold in the Indian market. This move…

The Medical Device Park in Sector 28, near the Yamuna Expressway, is steadily taking shape, with one company completing construction and seven others beginning work on their units. The Yamuna Expressway Industrial Development Authority (YEIDA) has allotted 74 plots, with 36 companies having executed lease deeds and preparing to start construction. To accelerate progress, YEIDA is expediting electricity connections for these units. YEIDA CEO Arun Vir Singh confirmed that manufacturers have now received the necessary approvals to avail of stamp duty exemptions. The project is expected to be formally inaugurated within the next two months, with common infrastructure like administrative…