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India News | TN to Soon Come out with Electronic Hardware Policy: CM

Get latest articles and stories on India at LatestLY. Tamil Nadu would soon come out with a new electronic hardware policy aimed at boosting domestic hardware production and exports, Chief Minister M K Stalin said on Friday. India News | TN to Soon Come out with Electronic Hardware Policy: CM.

Mobile Manufacturing in India: 10 Beneficiaries Get Incentive Under PLI Scheme

Ascendas India Trust to buy INR2bn industrial facility from Casa Grande

By Florence Chong2021-03-05T13:55:00+00:00 Ascendas India Trust has entered a forward-purchase agreement with India’s Casa Grande to acquire its first industrial facility at Mahindra World City, in the Indian city of Chennai. The trust is buying the first phase of the project for about INR2.12bn (€24m) in a forward-purchase arrangement and has also taken an option to acquire all shares in the entity developing phase 2 of the project. Phase 1, which offers a net leasable area of approximately 420,000sqft, is fully pre-leased to Pegatron Technology India Private. “The proposed acquisition will add exposure to the industrial asset class and diversify our portfolio, said Sanjeev Dasgupta, chief executive officer of Ascendas Property Fund Trustee.

La producción del iPad en India está más cerca de empezar, Pegatron adquiere terrenos para nuevas fábricas en el país

La producción del iPad en India está más cerca de empezar, Pegatron adquiere terrenos para nuevas fábricas en el país
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iPhone Assembler Pegatron Acquires Land for Production Base in India

iPhone Assembler Pegatron Acquires Land for Production Base in India Thursday February 18, 2021 3:04 am PST by Tim Hardwick Apple supplier Pegatron says it has spent $14.2 million to buy the rights to use a plot of land for building a factory in Channai, India. Via a Pegatron will set up a manufacturing base on the factory site mainly for production of iPhone smartphones, with production to begin the earliest in the second half of 2021, according to industry sources, adding Pegatron plans to employ about 14,000 workers there. Pegatron is Apple s second-largest ‌iPhone‌ assembler after Foxconn, and in June of last year registered a wholly-owned subsidiary called Pegatron Technology India. In late 2020, its board of directors approved a proposal to spend $150 million to build its first ‌iPhone‌ manufacturing plant in the country.

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