Tag: Exports
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...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Apple to Start AirPods Production in India
Apple is set to commence AirPods production at Foxconn’s Hyderabad facility from April, marking a significant expansion of its manufacturing footprint in India, industry...
Goyal Urges Electronics Sector to Target $100B in Exports
India’s electronics and electrical industry must aim to increase exports to $100 billion within the next five to seven years, said Commerce and Industry...
Indian Coffee Exports Cross $1 Billion, Driven by Robusta Demand
India’s coffee exports have hit a significant milestone, surpassing the $1 billion mark during the April-November period of the financial year 2023-24. According to...
Electronics Manufacturing Surge in India: Redefining the Industry
India's journey towards becoming a self-reliant nation in electronics manufacturing marks a pivotal shift in the industry. With each passing year, the domestic production...
