- Trending tech news Tesla is considering setting up an additional manufacturing plant in India. Held series of meetings with Indian officials today. (CNBC)
- Russian company ‘Rosneft’ in talks to set up greenfield refinery in India in a JV with Indian refiners.
- Tesla executives plan to visit India this week to meet Government officials. (Bloomberg)
- Foxconn’s upcoming electronics manufacturing facility at Kongara Kalan, Telangana.
Trending tech news
- Foxconn ground break manufacturing facility in Telangana with an investment of over $500 million which will create 25,000 direct jobs in 1st phase.
- INOX Air Products, India’s largest manufacturer of industrial and medical gases, plans to invest 3,000 crore in ten sites nationwide by 2025.
- India has discovered oil and gas reserves in Mumbai offshore fields located in Arabian Sea.
- London Stock Exchange (LSE) to set up a Technology Centre of Excellence in Hyderabad generating employment for about 1000 people in a year.
- Maruti Suzuki will invest over $5.5 billion in India to double it’s production by 2030. The construction of new unit in Haryana’s Kharkhonda has started. The location of 2nd site is yet to be finalized.
- Indian government announced $2 billion investment in the Semiconductor Laboratory (SCL) in Mohali for research and prototyping.
- Royal Enfield motorcycles plans to invest ₹1,000 crore to build its first electric motorcycle factory in Tamil Nadu.
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