Apple to Manufacture iPhone 16 Pro in India, Likely to Create 200,000 Direct Jobs by 2025
Apple Inc. plans to produce its iPhone Pro models in India, potentially creating over 600,000 jobs by the end of the financial year 2024-25.
India’s Upcoming Subsea Cable Projects Set to Launch between October 2024 and March 2025
India is set to significantly boost its global digital connectivity with the launch of three major subsea cable projects—2Africa Pearls, India-Asia-Express (IAX), and India-Europe-Express (IEX)—between October 2024 and March 2025.
Teledensity Rises in India, Internet Subscribers Cross 954 Million: 2023-24 TRAI Report
According to the latest TRAI report, India’s telecom sector’s gross revenue reached INR 3.36 trillion (US$40 billion) in 2023-24. By March 2024, the total number of internet subscribers in India had increased to 954.4 million.
Newly Sanctioned India Railway Projects Expected to Boost Connectivity, Improve Logistics
In an effort to lower logistical costs and improve nationwide connectivity, India’s Union Cabinet of Economic Affairs has approved eight new railway line projects.
Record Turnover for India’s Auto Component Industry: Details Here
India’s automotive component industry reached a record turnover of INR 6.14 trillion (US$73.1 billion) in FY 2023-24. The government has identified 28 key components for indigenization under its ‘localization roadmap’ to support the ‘Make in India’ initiative.
Eight National Highway Projects Sanctioned, Expected to Boost India’s Connectivity
India has approved eight national high-speed road projects totaling 936 km, investing INR 506.55 billion (US$6.03 billion) to improve logistics efficiency and connectivity.
India’s Telecom Sector: Market Outlook and Regulatory Landscape
With a subscriber base of 1.20 billion, India’s telecom sector benefits from having the world’s second largest market, besides government support for technological innovation, infrastructure development, and equipment manufacturing.
Toyota Proposes Greenfield Investment in Maharashtra, Part of Diversification Strategy in India
Toyota Kirloskar Motor (TKM) plans to set up a new manufacturing plant in Maharashtra, marking a key step in expanding its presence in India.