In the pursuit of self-sufficiency in mobile phone assembly, India has witnessed a significant shift in its manufacturing landscape. Between 2014 and 2022, the nation achieved a remarkable milestone by shipping 2 billion domestically assembled smartphone and feature phones under the “Make in India” initiative, marking a CAGR of 23% during the period. This drive … [Read more…]
India’s Tata Group is contemplating a substantial $1 billion capital infusion into its super app venture, Tata Neu, as it strives to navigate the increasingly competitive digital commerce landscape in India. Reported by Bloomberg, this planned financial boost is in addition to the $2 billion that Tata Group had already invested in its digital venture … [Read more…]
British chip design firm Arm has been gearing up to go public for quite some time, and now, the chipmaker has set the stage for one of the most significant initial public offerings (IPOs) of 2023. In a move that marks a resurgence in the tech IPO market, Arm revealed that it has priced its … [Read more…]