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Foxconn plans to manufacture iPhones from Tamil Nadu, India

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 Insights

27-Dec-18 Taiwanese contract manufacturer Foxconn will invest well over INR1,500 crore (USD216mn) in new production lines to manufacture certain iPhone models in its factory near Chennai. The project is expected to bring employment of over 25,000 jobs. [image: The Economic Times]

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China drives global electric vehicle market

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 Insights

06-Dec-18 By 2025, EVs and HEVs will account for 30 percent of all vehicle sales globally. The growth of China’s new EV market is expected to hit 46 percent by 2020, with 2.5 million units produced in that year. [image: Greg Baker / AFP / Getty Images]

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BASF buoyant on Thailand prospects

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 Insights

26-Nov-18 Thailand will remain a hub for ASEAN, especially Cambodia, Laos, Myanmar and Vietnam, said Ramkumar Dhruva, BASF President Asia-Pacific. "Automotive production in ASEAN is growing steadily, and 50 percent... is from Thailand... followed by Indonesia and Malaysia". [image: The Nation]

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