Electronics major Foxconn will set up a manufacturing facility in Telangana with employment generation potential for over one lakh people. Hon Hai Technology Group (Foxconn) and the Government of Telangana signed an agreement at the Pragati Bhavan

The Uttar Pradesh government has inked pact with at least 34 foreign companies for investments largely in five sectors, including textiles, IT & electronics and pharma.

The government of India will invest $ 30 billion in electronics and semiconductors. The investment will help in creating manufacturing, packaging, verification, design and skill capacities in the country.

In a bid to promote the Centre’s green energy drive, Bengaluru-headquartered Defence PSU Bharat Electronics (BEL), in collaboration with Hindustan Petroleum Corporation (HPCL), has set up a fast electric vehicle (EV) charging station at the latter’s retail outlet at Amravati Enclave near Pinjore on the Chandigarh-Shimla Highway.

The government is expecting major investments under its plan to increase support for new semiconductor and display facilities. The current investment expectation is to the tune of at least $25 billion for electronics and technology.

TCL Electronics is opening a new manufacturing facility at Tirupati. The Andhra Pradesh government will inaugurate the 139 acre unit at Vikruthamala of Yerpedu mandal near Tirupati. The total investment is expected to be Rs 1,530 crore.

Japanese chipmaker Renesas Electronics Corp and Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions. The companies will develop “next-generation automotive electronics” in order to accelerate the growth of electric and connected vehicles.

Videotex announced its plans to invest Rs 100 crore over the next two years towards setting up a new LED TV smart manufacturing facility in Greater Noida. With this investment, the company is also planning to upgrade its existing capacity in Greater Noida to 1.4 million TVs and the new capacity to 1.8 million TVs, to achieve a combined production capacity of 3.2 million units a year.

Panasonic Life Solutions India has opened a new manufacturing facility in Sri City, Andhra Pradesh. The company will be investing Rs 600 crore in two phases, of which it has invested Rs 300 crore in the first phase. The unit will be the company’s first electrical equipment manufacturing base in the South and seventh in India.