Tag: India
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From Apple to Boeing, India is being tested as the new China
Boeing’s deal with Air India in February is the largest in civil aviation history, but also comes as India looks to bolster its profile as a defense manufacturer. Last week, US Secretary of Commerce Gina Raimondo traveled to India to strengthen ties with the Asian nation. India’s dream of becoming the “world’s new factory” to […]
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iPhone supplier builds factory in India, another pivot from China: report
Foxconn is set to build a new 300-acre facility in Bengaluru, India as part of an ongoing effort to pivot away from China, Bloomberg reported Friday. The effort will be one of Foxconn’s largest investments in India. Source: Thomas Peter | Reuters Foxconn, one of Apple’s largest suppliers and a major manufacturer of iPhone components, […]
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India invokes the law on the maximum energy yield of coal-fired power stations
By Charles Kennedy – February 20, 2023, 12:00 AM CST India has passed a law that will require maximum output from power plants that run on imported coal. From March 16 and ending June 15, all power plants must run at maximum capacity and sell to buyers on exchanges. India expects record […]