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MeitY’s ₹7,104 Cr ECMS Wave Localises India’s Electronics Heart

n a decisive step towards electronics self-reliance, the Ministry of Electronics and Information Technology (MeitY) has greenlit 29 major projects under the Electronics Components Manufacturing Scheme (ECMS), unlocking ₹7,104 crore ($751 million) in investments to localise critical supply chains. The approvals—spanning PCBs, capacitors, lithium cells, display modules, and rare-earth magnets—position Dixon Technologies, Lohum Cleantech, and others to slash India's 70% import dependence while targeting...

Google DeepMind Partners with Agile Robots for Industrial AI Automation

Google DeepMind has formed a strategic research partnership with Agile Robots SE to integrate Gemini Robotics foundation models with the company's scalable industrial robotics platform, targeting reliable AI deployment in complex manufacturing environments. This collaboration aims to develop adaptable robots with enhanced perception, reasoning, and decision-making for high-value production settings. Enterprises stand to gain transformative automation capabilities amid demands for flexible, precise operations in...

USEReady Builds AI-Powered Materials Discovery Tool for Celanese

New York-based AI and data analytics firm USEReady has built Chemilleâ„¢, an AI-powered digital assistant for Fortune 500 specialty materials manufacturer Celanese, enabling engineers to navigate complex product portfolios through natural language queries. Launched in April 2025 after close collaboration between the two companies, Chemille addresses a critical pain point in materials-intensive industries: finding the right engineered material from vast, technical catalogues that typically...

Bosch NxtGen Sovereign Industrial AI Cloud Targets Manufacturing Scale

Bosch Software and Digital Solutions (Bosch SDS) and NxtGen have forged a partnership to deliver India’s Sovereign Industrial AI Cloud, hosting Bosch’s Industry 4.0, digital twin, simulation and engineering platforms on NxtGen’s multi-region sovereign cloud, private cloud, edge data centres and GPU-as-a-Service (GPUaaS) for fully India-resident, compliant AI workloads. This enables enterprises to run high-performance manufacturing intelligence, predictive maintenance and asset optimisation while adhering...

AI Integration Could Unlock $150B for Manufacturing MSMEs by 2035: PWC

A new PwC India report projects artificial intelligence could contribute between $135.6 billion and $149.9 billion to the growth trajectory of manufacturing micro, small, and medium enterprises by 2035, provided these firms increase their share of national manufacturing gross value added from 35.4% in FY24 to 50%. This potential scales to a staggering $3.13-3.21 trillion opportunity by 2047 under Vision 2047 targets that elevate...

Infosys Index Reveals 75 Percent of Manufacturers Embed AI in Core Strategy

Infosys Knowledge Institute has published the inaugural Manufacturing Tech Index: AI Pulse, surveying 650 senior manufacturing executives worldwide on AI adoption, investments, strategy, and value during late 2025. The report documents AI's evolution from pilot projects to enterprise-wide imperatives amid rising operational complexity, workforce pressures, and innovation demands. Over 75 percent of manufacturers now integrate AI directly into enterprise strategies, marking a shift from...

Budget 2026 Doubles ECMS Outlay to ₹40,000 Crore, Signals Component Manufacturing Boom

The Union Budget 2026 has increased the allocation for the Electronics Components Manufacturing Scheme (ECMS) to ₹40,000 crore, up from ₹22,919 crore, marking a 75 percent increase. The revised allocation follows significantly higher industry participation than originally projected. When the scheme was launched in April 2025, the government had estimated that it would receive between 50 and 55 applications. Instead, ECMS received 149 applications within...

Embraer-Adani RTA Partnership Launches India FAL

Brazilian aerospace leader Embraer and Adani Defence & Aerospace signed a Memorandum of Understanding to create a domestically assembled regional transport aircraft (RTA) ecosystem in India. The collaboration targets 90+ seat aircraft with 500-900 km range, establishing a Final Assembly Line (FAL) as the cornerstone of India's regional aviation ambitions. This partnership aligns with Aatmanirbhar Bharat and UDAN schemes, driving tier-II/III city connectivity through...

BYD Eyes SKD Assembly to Bypass India EV Import Limits

Chinese electric vehicle giant BYD is evaluating semi-knocked-down (SKD) assembly operations in India to meet surging domestic demand constrained by stringent import restrictions. After New Delhi rejected its earlier full-scale manufacturing plant proposal amid geopolitical scrutiny, BYD now pursues regulatory-compliant local assembly of semi-finished components. The strategic pivot responds to hundreds of pending customer bookings and sold-out December quarter inventory despite 110 percent import...

Govt Backs 22 New Projects Under ECMS

The government has approved 22 new projects under the Electronics Components Manufacturing Scheme (ECMS), locking in a projected investment of Rs 41,863 crore and estimated production of Rs 2,58,152 crore. Together with an earlier batch of 24 approvals, the scheme is now emerging as a key lever for deepening India’s electronics value chain and reducing dependence on imported components. Big Push for Components and Sub-Assemblies The...

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ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation

ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...

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