Boosting ‘Make in India’: Government to Offer ₹230 Billion for Electronic Component Manufacturers

January 7, 2025 – The Indian government is contemplating the introduction of new subsidy policies to bolster electronic component manufacturers, according to a report by Bloomberg today. Additionally, plans are underway to reduce import tariffs, aiming to foster the growth of local manufacturing, particularly targeting smartphone manufacturers like Apple. Insiders revealed that the Ministry of…

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Northvolt Seeks €200 Million in Funding Amid 20% Global Layoffs

October 13, 2024 – According to Reuters, on Friday local time, three informed sources revealed that Northvolt, the Swedish electric vehicle battery manufacturer, is currently engaged in negotiations with investors and lending institutions to raise approximately 200 million euros in short-term funding, aiming to maintain the company’s financial stability. This week, Northvolt initiated financing talks…

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