Business Industry

India to Launch First Indigenous Semiconductor Chip in 2025

By BPN News Desk June 2, 2025

India is set to unveil its first fully indigenous semiconductor chip by late 2025, marking a historic milestone in the country’s quest for technological self-reliance. The chip, based on 28–90 nanometre (nm) technology, will cater to a wide range of applications, including telecommunications, automobiles, railway electronics, and industrial systems. India

Business Industry

ATR Eyes India for Aircraft Manufacturing Expansion

By BPN News Desk June 2, 2025

ATR, the Franco-Italian turboprop aircraft manufacturer, is exploring the possibility of establishing a manufacturing facility in India. Jean-Pierre Clercin, Head of Commercial for Asia Pacific at ATR, said, “Nothing is off the table, if it makes business and industrial sense.” The company currently manufactures its aircraft in Toulouse, France, and Naples,

Business Industry

Hyundai Targets 8% Export Growth, Eyes Chennai as Global Hub

By BPN News Desk June 1, 2025

Hyundai Motor India Ltd (HMIL) has announced its target to achieve 8% growth in exports in 2025. The South Korean automotive giant is aiming to build on the strong foundation it has established in India, with a renewed focus on expanding its overseas shipments from the country. This push comes as part of Hyundai’s broader […]

Business Industry

Trump Announces 50% Tariffs on Foreign Steel, Sparks Global Jitters

By BPN News Desk June 1, 2025

In a move that could reshape the global steel trade landscape, U.S. President Donald Trump has announced a significant hike in import duties on foreign steel and aluminum, raising them from 25% to 50%. The new tariffs, effective from June 4, 2025, are aimed at protecting the domestic steel industry and preventing foreign nations from […]

Business Industry

Apple Ships 2.9 Million iPhones from India Despite U.S. Tariff Pressure

By BPN News Desk May 30, 2025

Apple exported 2.9 million iPhones from India to the United States in April 2025 alone, marking a 76% year-on-year growth. This milestone reflects the tech giant’s accelerating shift in global supply chains, increasingly relying on India as a manufacturing base amid U.S.-China trade tensions and geopolitical uncertainty. The April export figure is Apple’s highest monthly

Business Industry

India’s First 28-90nm Chip to Launch This Year

By BPN News Desk May 30, 2025

Union Minister for Electronics and IT Ashwini Vaishnaw has announced that India’s first indigenous semiconductor chip, ranging between 28 to 90 nanometers, will be rolled out within this year. This development marks a pivotal moment in India’s ambition to become self-reliant in semiconductor technology, which is critical to the electronics and automotive industries.

Business Industry

Adani Ports Plans ₹50,000 Crore 15-Year Bond Issue

By BPN News Desk May 28, 2025

Adani Ports and Special Economic Zone (APSEZ), India’s largest private port operator, is preparing to re-enter the domestic debt market with a landmark bond issue. The company will raise up to ₹50,000 crore through a 15-year rupee-denominated bond, marking both its longest tenor and largest local market issuance to date. This strategic financial move comes […]

Business Industry

India Must Support Community Seed Banks for Food Security

By BPN News Desk May 23, 2025

On May 22, 2025, the Centre for Science and Environment (CSE) released a crucial report on the occasion of the International Day for Biological Diversity, underscoring the vital role of community seed banks in protecting India’s food security against climate risks. These locally-managed institutions, often run by farmer groups, NGOs, and women’s self-help collectives,

Business Industry

TSMC Declines India’s Chip Plant Invitation

By BPN News Desk May 22, 2025

In a major setback to India’s semiconductor ambitions, Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has declined an invitation from the Indian government to set up a fabrication plant in the country. The development is seen as a reality check on India’s roadmap to become a global semiconductor hub. Although TSMC has […]

Business Industry

Celebi Shares Plunge After India Revokes Security Clearance

By BPN News Desk May 17, 2025

Turkey-based ground handling company Celebi Hava Servisi saw its stock price crash nearly 20% over two trading days after India revoked its security clearance. The decision, triggered by national security concerns, has put the company’s India operations—previously a key source of revenue—in jeopardy and sparked legal proceedings in Indian courts. India Revokes Celebi’s