Union Cabinet: Union Cabinet clears Rs 1.9 lakh crore push for chips, mobile phones

NEW DELHI: The Union cabinet on Wednesday approved two schemes, with govt support of Rs 1.9 lakh crore, aimed at taking India’s electronics manufacturing ambitions beyond assembly lines into semiconductor fabrication, advanced packaging, materials and homegrown mobile phone brands.The Cabinet cleared Semicon 2.0 with an outlay of Rs 1,27,500 crore and the Mobile Phone Manufacturing…

Read More

India-Uk Trade Deal: UK backs India’s security concerns, says trade deal based on trust

UK backs India’s security concerns, says trade deal based on trust NEW DELHI: The landmark India-UK trade deal that came into effect Wednesday reflects real warmth and trust in the relationship along with the ability to discuss issues of importance to both sides, said UK officials. While refraining from commenting on individual cases, diplomatic sources…

Read More