Electronics component mfg scheme draws ₹1.15L cr proposals | Piyush Goyal meets Airbus chief on aviation | Andhra CM pushes local mfg, consumption
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ETManufacturing Newsletter | Friday, October 3, 2025

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Electronics Component Manufacturing Scheme gets ₹1.15 lakh cr investment proposals: Vaishnaw
The proposals have exceeded investment, employment and production targets multifold when compared to the goals set during formulation of the scheme.  read more...
Piyush Goyal meets Airbus chairman to boost India's aviation collaboration
Commerce Minister Piyush Goyal discussed opportunities in India's aerospace sector with Airbus Chairman Rene Obermann, encouraging deeper investment and collaboration.  read more...
Indigenous manufacturing, consumption must rise massively: Andhra CM
The Chief Minister noted that Andhra Pradesh is manufacturing many quality products such as kondapalli and yetikoppaka toys, coconut products, hand-woven fabrics and others.  read more...
Rajya Sabha Dy Chairman underlines importance of India's National Critical Minerals Mission at P20 Summit
He addressed the session on 'Mobilising Finance for a Just Energy Transition'. He later chaired and delivered his remarks in the session on 'Harnessing critical minerals for inclusive growth and sustainable development'.  read more...
Hyundai commences passenger vehicle production at Talegaon Plant
The new facility will play a crucial role in supporting the automaker's long-term goal of increasing capacity and introducing new models tailored for the Indian market.  read more...
IPCPA flags growing UAE copper imports as CEPA impact unfolds
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Morena solar project expands storage to enable 24-hour power
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Tata Power Renewables to supply 80 MW of firm, dispatchable clean energy to Tata Power Mumbai Distribution
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and a leading player in India's clean energy landscape, has signed a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution for an 80 MW Firm and Dispatchable Renewable Energy (FDRE) project. The...  read more...
Rolls-Royce manufacturing leader Neil Mantle appointed to NMIS board
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Berkshire Hathaway to acquire OxyChem for $9.7 bn
The Warren Buffett-led firm is expected to close the deal with Houston-based Occidental Petroleum in the fourth quarter of 2025.  read more...
India's copper industry sounds alarm as UAE imports surge under CEPA
IPCPA urges revising product-specific rules and capping the excessive tariff rate quota to protect India's copper industry.  read more...
Trac Precision inks deal to make key parts for Coolbrook's high-temperature industrial heaters
The partnership diversifies Trac's operations beyond aerospace and power generation into industrial decarbonisation.  read more...
US takes stake in company operating one of world's largest lithium mines in Nevada
The Department of Energy will take a 5 per cent equity stake in the miner, which is based in Vancouver.  read more...
DGTR starts countervailing duty probe into Chinese aluminium foil
This investigation covers a period from April 2024 to March 2025. Domestic companies claim injury from these subsidised imports. This is not the first such trade action against Chinese foil.  read more...
China, Malaysia in talks for rare earths refinery project
Proposed JV could see Chinese technology paired with Malaysia's untapped reserves, boosting Southeast Asia's rare earth processing capacity.  read more...
Tata Projects shifts gears, eyes next-gen manufacturing to chase high margins
Tata Projects is realigning its business strategy. The company focuses on predictable project delivery, new technology, and sustainability.  read more...
India ready to rev up chipmaking, says industry pioneer
Commercial production is slated to begin by the end of the year, with the market forecast to jump from $38 billion in 2023 to nearly $100 billion by 2030.  read more...
US-based Sonos bets on India as premium audio demand rises despite global slowdown
The company is expanding its presence and localising offerings, noting strong demand for premium, integrated audio systems among Indian consumers. Sonos aims to leverage its core strengths amidst competition in the evolving home audio segment.  read more...
Japan chip shares drive Nikkei rally as Hitachi soars on OpenAI report
Japan's Nikkei share average surged near an all-time high, fueled by AI euphoria and strong chip stock performance. Advantest, SoftBank, and Tokyo Electron led gains, while a weakening yen further boosted exporters. The market also eyes a weekend political election, with potential fiscal loosening e...  read more...
India's electronics manufacturing push gets massive boost: MeitY secy
Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan said that the overwhelming and massive response to Electronics Components Manufacturing Scheme (ECMS) reflects strong industry confidence in India's policy framework and the government's ability to deliver on large-scale...  read more...
Chipmakers add $200 billion in global rally
Korean chip stocks were among the biggest gainers on Thursday, surging on the OpenAI deal and sending the Kospi Index to a record high. Shares of SK Hynix jumped 10%, while Samsung Electronics advanced 3.5%.  read more...
SKF India to deploy ₹1,460 crore across key verticals by 2030
SKF India splits automotive and industrial units to sharpen focus and accelerate growth across core sectors.  read more...
Centre amends schedules for e-buses, trucks
The revised dates are intended to strengthen the localisation ecosystem for key electric parts.  read more...
Boeing 777X to be delayed to 2027: Reports
Deutsche Lufthansa AG, the launch customer for Boeing's newest widebody aircraft, is already preparing for a setback and not including the 777X in its fleet plans until 2027.  read more...
Global aircraft financiers flag issues with India's repossession draft rule