Make in India

warriorextreme

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I wonder what these parts are?
passive SMT components?
PCB?
Speakers?
Battery assembly?
plastic/glass/metal casings for phones?
screen assembly?
I hope all of these and more :) 500 acres is humungous size for a component manufacturing plant so I hope they are going big bang.
 

warriorextreme

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700 Larne jobs threatened as Caterpillar migrates manufacturing to India

HUNDREDS of highly-skilled workers at Caterpillar's plant in Larne are set to lose their jobs over the next year as the US manufacturing giant migrates some of its manufacturing function to low-cost overseas locations like India.

As many as 700 production, support and management positions will be impacted after the company opened a 90-day consultation process to restructure its electric power division operations in Northern Ireland.

Caterpillar, which commands global sales of around $55 billion, says the decision supports its ongoing plan to better utilise existing capacity and improve cost competitiveness, though it stressed the move wasn't as a result of Covid-19 or Brexit.

The Unite union's regional officer George Brash said: “This is a scandalous decision geared only to increase further the company’s corporate profits and outsource production to India.
 

warriorextreme

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Japan lures 2 firms from China to India: As global supply chains shift, India needs to grab its opportunity

According to the latest reports, the Japanese government has struck a deal with two companies – Toyota-Tsusho and Sumida – which will see it offer financial assistance to shift their manufacturing bases out of China to India, under a recent subsidy-based programme to reduce the nation's supply-chain reliance on China. The announcement followed Prime Minister Narendra Modi's meeting with global investors yesterday where he reiterated his intent to transform India into a global manufacturing hub in the coming years.

 

SKC

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700 Larne jobs threatened as Caterpillar migrates manufacturing to India

HUNDREDS of highly-skilled workers at Caterpillar's plant in Larne are set to lose their jobs over the next year as the US manufacturing giant migrates some of its manufacturing function to low-cost overseas locations like India.

As many as 700 production, support and management positions will be impacted after the company opened a 90-day consultation process to restructure its electric power division operations in Northern Ireland.

Caterpillar, which commands global sales of around $55 billion, says the decision supports its ongoing plan to better utilise existing capacity and improve cost competitiveness, though it stressed the move wasn't as a result of Covid-19 or Brexit.

The Unite union's regional officer George Brash said: “This is a scandalous decision geared only to increase further the company’s corporate profits and outsource production to India.
My company was providing IT outsourcing to Caterpillar and we had our resources working in their Shanghai plant. But last year Shanghai council made many policy changes for foreign companies operating there. This threw out 90% of their non-chinese workforce out of china.
It great news for us that they are moving their operation from other countries to India.
 

warriorextreme

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Companies are accelerating plans to produce lithium-ion cells in the country, hoping to take advantage of ₹18,000 crore worth of government subsidies announced last month, two people directly aware of the developments said.

The production-linked incentive (PLI) scheme announced by the Union government could spur these companies to start local manufacturing of lithium-ion cells in the next couple of years, the people said, requesting anonymity.

Tata Chemicals Ltd is likely to soon start building a manufacturing facility for lithium-ion cells in Gujarat, said the people cited above. The Tata group company is likely to seek incentives under the PLI scheme and may also export cells from India, the people said, adding that the company has acquired land for the proposed facility in the Dholera region of Gujarat.

The second person said automotive and industrial battery manufacturers such as Exide Batteries and Amara Raja may also diversify into lithium-ion cell manufacturing to qualify for the PLI scheme. “Most of these manufacturers have already shared their plans to get into lithium-ion battery manufacturing in India and the PLI scheme will definitely propel them to get into cell manufacturing in the coming years. Most manufacturers with plans to get into this new sector were waiting for the government to come up with this scheme," the person said.
 

another_armchair

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JUST IN: Ola announces plans to set up scooter factory in Tamil Nadu. Signs MoU with the Government of Tamil Nadu with investment of Rs 2400 crore. Will create 10,000 jobs and have an annual capacity of 2 million units.
@Guidance_TN


Hope they don't end up making Yulu like electric 'bikes' and pass them off as scooters for point-2-point commuting or last mile commuting.

Ather electric scooters are pretty good though a little steeply priced. Let's see if Ola follows their footsteps too.
 

Holy Triad

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Japanese firm Daicel Corporation is setting up an airbag inflator manufacturing plant at CapitaLand’s OneHub Chennai. It will be Daicel Corporation’s first airbag inflator manufacturing plant in India with a planned investment of Rs 230 crore in phase 1

 

Holy Triad

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Apple supplier Pegatron Corporation leases 500,000 sq ft in Tamil Nadu


Taiwanese electronics major Pegatron Corporation — one of the largest contract manufacturers of Apple Inc — has leased nearly half a million square feet in Chennai’s Casa Grande Industrial Park. The company is planning to invest $150 million (Rs 1,100 crore) in the new mobile phone manufacturing facility.

 

Varun2002

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Sad incident at world's largest vaccine producer, Serum Institute of India. Five people die in fire, vaccine unit not affected. 5 workers on an under construction building killed. These kind of incidents are happening too often, not to notice, in chemical, steel, construction and pharma units.
 

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