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Saturday, August 15 2026 | 06:59:44 AM

Beyond Assembly: How the ₹62,500 Crore MPMS Set to Shift India from ‘Made’ to ‘Designed’ in India

Detailed comparison infographic mapping out the base sales incentives, domestic component bonuses, and design outlays between India's old PLI framework and the new MPMS policy.

New Delhi. Saturday, 18 July 2026 India’s trajectory in electronics manufacturing reached a defining milestone when the Production Linked Incentive for Large Scale Electronics Manufacturing (PLI-LSEM) officially concluded on March 31, 2026. While the PLI scheme successfully elevated the country to the world’s second-largest smartphone manufacturer by volume—and turned smartphones …

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India’s Precision Manufacturing Industry Set to Benefit: A New Growth Phase Driven by High-Tech Manufacturing

Labeled diagram of an advanced clean-room manufacturing facility showing HEPA air filtration systems, robotic wafer-handling arms, and technicians in protective suits assembling micro-electronics.

New Delhi. Saturday, 18 July 2026 India’s aggressive push to transition from a software outsourcing destination into a physical, deep-tech manufacturing superpower has officially crossed a critical threshold. Under the structured backing of the India Semiconductor Mission (ISM), the newly active Semicon 2.0 programme, and robust Production-Linked Incentive (PLI) schemes, …

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India’s Silicon Sovereign: How Semicon 2.0 is Forging a Comprehensive Global Chip Powerhouse

A table displaying domestic chip consumption fluidity across four key sectors: AI Hardware Farms, Automotive Systems & EVs, Smartphones & Devices, and Telecom & Defense Units.

Mumbai. Saturday, 18 July 2026   India’s industrial architecture is undergoing a monumental paradigm shift. Moving aggressively beyond its historic reputation as a software outsourcing hub, the country has crossed a critical threshold into deep-tech, physical manufacturing. Backed by the Union Cabinet and structured under the India Semiconductor Mission (ISM), …

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Resonance Records a Double Victory in NEET UG 2026 Results

Hyderabad, 17th July 2026: Resonance Junior Colleges, Hyderabad, has delivered an exceptional performance in the NEET 2026 results, with its students securing remarkable ranks at both the national and Hyderabad levels. Himanshu Kumar, a two-year regular classroom student of Resonance, emerged as the National Topper, securing AIR 4 in the GEN-EWS category and AIR 111 in the …

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India’s Electronics Evolution: Inside the New ₹62,500 Crore Mobile Phone Manufacturing Scheme (MPMS)

Close-up photograph of an automated surface mount technology (SMT) assembly line precision-placing microchips onto a green smartphone printed circuit board (PCB) inside a cleanroom environment.

Mumbai. Saturday, 18 July 2026 India has officially initiated its next massive leap toward becoming an undisputed global electronics manufacturing powerhouse. The Union Cabinet, chaired by Prime Minister Narendra Modi, has formally approved the Mobile Phone Manufacturing Scheme (MPMS) with a massive budgetary allocation of ₹62,500 crore. This landmark policy …

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Goldgroup Mining and Gold Resource Corporation Announce Closing of Business Combination and Goldgroup’s Anticipated Listing on the NYSE American

Vancouver, British Columbia and Denver, Colorado–(Newsfile Corp. – July 17, 2026) – Goldgroup Mining Inc. (TSXV: GGA) (OTCQX: GGAZF) (“Goldgroup” or the “Company”) and Gold Resource Corporation (NYSE American: GORO) (“GRC”) are pleased to announce that they have closed the previously announced merger (the “Merger”) pursuant to the Arrangement Agreement …

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District Files NI 43-101 PEA Technical Report for the Viken Deposit

Vancouver, British Columbia–(Newsfile Corp. – July 17, 2026) – District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP); (“District” or the “Company“) is pleased to announce that the Company has filed an independent technical report (the “Technical Report“) for the Viken Energy Metals Deposit (the …

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FeralX Systems Inc. Announces Closing of a Private Placement and the Acquisition of Two New Makino Machining Centers

Vancouver, British Columbia–(Newsfile Corp. – July 17, 2026) – FeralX Systems Inc. (“FeralX” or the “Company“) is pleased to: (a) announce that it has completed closings of a non-brokered private placement financing (the “Private Placement“) of units (“Units“) of the Company for aggregate gross proceeds of $1,600,000; (b) Pursuant to …

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