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Foxconn: Foxconn to apply for India chipmaking incentives after pullout from Vedanta JV

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NEW DELHI: A day after it withdrew from a $19.5 billion semiconductor joint venture with mining baron Anil Agarwal’s Vedanta Ltd, Foxconn said it plans to apply for incentives that India is offering under its semiconductor manufacturing policy.“Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem.Foxconn is working … Read more

India will need around 1 lakh drone pilots in coming years: Scindia

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NEW DELHI: A total of 12 central ministries are trying to boost the indigenous demand for drone services and India will need approximately one lakh drone pilots in the coming years, Aviation Minister Jyotiraditya Scindia said on Tuesday. “We are taking the drone sector forward on three wheels. The first wheel is of policy. You … Read more