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Bright future for semiconductors in India: Prakash Mallya

‘I am not talking about cloud, data centre, storage, edge, 5G. If you put all that into such a large market like India, it’s a significant semiconductor, plus overall infrastructure opportunity,’ Prakash Mallya said The government’s plan to promote semiconductor manufacturing may have a bright future… To read more: https://www.livemint.com/technology/tech-news/bright-future-for-semiconductors-in-india-prakash-mallya-11622742767072.html SOURCE: MINT (1)

New IT rules: India rejects UN officials’ remarks as ‘exaggerated’

Chinese chipmaker SMIC-related shares surge, defying US’ stepped-up crackdown

China’s A-shares related to leading chipmaker Semiconductor Manufacturing International Corp (SMIC) surged on Monday, defying the Trump administration’ latest move of putting SMIC on its Entity List, which aims to contain China’s development of indigenous advanced technologies. Industry observers noted that the US’ action amounts to a monumental obstacle for SMIC’s high-end chip production in […]

HK’s role as financial hub gets stronger, seeks more mainland connectivity: Lam

Forging Ahead with Industry 4.0 in the New Normal

Helping manufacturers build a position of strength to operate in a COVID-safe world remains mission critical for this year’s Industrial Transformation ASIA-PACIFIC – A HANNOVER MESSE EVENT (ITAP) from 20 to 22 October. The COVID-19 situation has brought tremendous disruption to all industries and economies, forcing manufacturers and businesses to rethink their business strategies, relook business […]

VMware Secures Foundations of SEA’s Digital Infrastructure and Anywhere Workspaces

Coronavirus: China manufacturing economy bounces back strongly after lockdown

Image by Free-Photos from Pixabay China’s manufacturing engine bounced back strongly in March, recovering from a miserable February, when the country was effectively shut down due to coronavirus. The official manufacturing purchasing managers’ index (PMI) – a survey of sentiment among factory owners in the world’s second largest economy… To read more: https://www.scmp.com/economy/china-economy/article/3077669/coronavirus-china-manufacturing-economy-bounces-back-strongly SOURCE: South […]

HK’s role as financial hub gets stronger, seeks more mainland connectivity: Lam

India’s economy suffers car crash, pain spreads to villages

The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi’s southern outskirts, would usually be packed on Sundays with migrant workers employed at the nearby plants enjoying their day off, but not anymore.  These are hard times for an area dependent on the fortunes of companies like Maruti […]

New IT rules: India rejects UN officials’ remarks as ‘exaggerated’

China’s manufacturing activity expands slower in September

Official data shows China’s manufacturing sector expanded at a slower pace in September. The country’s manufacturing purchasing managers’ index came in at 50.8 in September, narrowing from 51.3 in August, according to the National Bureau of Statistics (NBS). Read the full story at https://www.shine.cn/biz/economy/1809302998/ SOURCE: SHINE (18)

HK’s role as financial hub gets stronger, seeks more mainland connectivity: Lam

Mass unemployment looms large over India growth story

Nobel laureate Paul Krugman has warned that India could end up with huge mass unemployment if it does not grow its manufacturing sector. “There is this concept called artificial intelligence that you should be wary of. In future, while diagnosis may be outsourced to a doctor in India, it could also go to a firm […]

New IT rules: India rejects UN officials’ remarks as ‘exaggerated’

August PMI exceeds expectations

China’s manufacturing activity grew faster than expected in August on improved supply and domestic demand. The official Purchasing Managers’ Index, which measures vitality in the manufacturing sector, rebounded to 51.7 in August from July’s 51.4, the National Bureau of Statistics said yesterday. Read the full story at http://www.shanghaidaily.com/business/economy/August-PMI-exceeds-expectations/shdaily.shtml SOURCE: Shanghai Daily (30)

HK’s role as financial hub gets stronger, seeks more mainland connectivity: Lam

India to be a major manufacturing hub for automobiles with sales up to 9% up between 2016 and 2017

SOURCE: SIAM By Charles Moreira The Society of Indian Automobile Manufacturers (SIAM) sees India becoming a major manufacturing hub for automobiles, with exports of passenger vehicles likely to grow further. The automotive industry body expects India’s domestic sales of 3,046,727 passenger vehicles between April 2016 and March 2017 to go up 9.23%, over the 2,789,208 […]

New IT rules: India rejects UN officials’ remarks as ‘exaggerated’

‘Make In India’ yet to spur manufacturing, says panel

The Parliament’s Standing Committee on Commerce has questioned the country’s low manufacturing growth despite initiatives such as Make In India, Startup India and FDI reforms that are now more than two years old. Read the full story at http://www.thehindu.com/business/make-in-india-yet-to-spur-manufacturing-says-panel/article19420928.ece SOURCE: The Hindu (44)

New IT rules: India rejects UN officials’ remarks as ‘exaggerated’

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