Indian government issues final warning to Maoist rebels

SEOUL, September 23 (AJP) - Indian authorities have warned that they will launch a full-scale attack if Maoist communist rebels holed up in the central jungle region refuse to surrender. According to news sources on Monday, Indian Home Affairs Minister Amit Shah visited Chhattisgarh state in central India and addressed the communist rebels, urging them to join mainstream society. He called on the rebels to surrender and lay down their weapons. Otherwise, the government would begi

September 23, 2024

India to triple nuclear power capacity by 2032

SEOUL, September 23 (AJP) - The Indian government plans to triple its nuclear power generation capacity to 22.4 gigawatts by 2032, according to recent news sources. The Indian government has set a goal of achieving carbon neutrality by 2070, positioning nuclear power as a key energy source. India will gradually increase its nuclear power capacity from 7.4 gigawatts to 13 gigawatts by 2029 and to 22.4 gigawatts by 2032. To support this, the government is seeking to attract about $

September 23, 2024

Tata Group, Analog Devices join hands on chip production in India

SEOUL, September 20 (AJP) - India's Tata Group has signed a memorandum of understanding with U.S. chip manufacturer Analog Devices (ADI) to explore semiconductor production in India. The agreement includes integrating ADI's products into Tata's applications, such as electric vehicles and network infrastructure, while aligning their strategic roadmaps. Tata Electronics, the electronics manufacturing division of the 156-year-old Tata Group, is investing a total of $14 b

September 20, 2024

Samsung Electronics' Indian unit sues union over strike

SEOUL, September 20 (AJP) - Samsung Electronics' Indian unit has filed a lawsuit against the labor union leading a strike at its plant in southern India, according to news reports on Friday. Hundreds of workers at the home appliance factory in Sriperumbudur, Tamil Nadu, began an indefinite strike on Sept. 9, marking one of the most significant labor disputes in the country in recent years. Samsung claimed in the lawsuit that the union's actions "could disrupt the fac

September 20, 2024

India's expanding medical device market presents opportunities for global companies

SEOUL, September 19 (AJP) - India's medical device market is rapidly expanding, presenting prime opportunities for Korean companies to establish a foothold, a recent report said. The Korea Trade-Investment Promotion Agency (KOTRA) recently cited a report from the Indian Ministry of Health and Family Welfare, revealing that the Indian medical device market is currently valued at around $12.5 billion and has been growing at an annual rate of over 15 percent since 2018. This gro

September 19, 2024

Trump to meet Indian prime minister next week

SEOUL, September 19 (AJP) - Former U.S. President Donald Trump plans to meet with Indian Prime Minister Narendra Modi next week. According to Reuters on Tuesday, the Republican presidential candidate made this announcement during a campaign event in Michigan, criticizing India as a "very big abuser" of trade relations with the U.S. However, he did not disclose specific details about the schedule or location of the meeting. While Trump criticized India's trade practi

September 19, 2024

Indian police detain over 100 Samsung workers during strike at factory

SEOUL, September 17 (AJP) - Indian police have detained 104 striking workers at Samsung Electronics' plant in southern India. Unionized workers at the Samsung factory in Sriperumbudur, Tamil Nadu, planned a march demanding wage increases on Monday. The local police apprehended them at the wedding hall later that day. The police denied the permit for the march, citing the presence of schools, colleges, and hospitals in the surrounding area. Hundreds of workers at the Sripe

September 17, 2024

Modi touts global ambition for Indian-made chips

SEOUL, September 13 (AJP) - Indian Prime Minister Narendra Modi outline his ambition for Indian-made chips to be used in devices worldwide at the country's semiconductor event. The statement was made during his opening speech at Semicon India 2024 on Wednesday, where he highlighted the potential of India's semiconductor industry and government support. "This is the right time to be in India. In 21st-century India, the chips are never down. When the chips are down, yo

September 13, 2024

Samsung plant strike in southern India enters 5th day

SEOUL, September 13 (AJP) - Unionized workers continued their strike Friday at Samsung Electronics' plant in southern India for the fifth day, demanding wage increases and improved working hours, news reports said. Hundreds of workers at the plant in Sriperumbudur, Tamil Nadu, began an indefinite walkout on Monday in one of the largest labor disputes in India in recent years. Tamil Nadu's labor minister, C.V. Ganesan, met with union representatives and Samsung officials o

September 13, 2024

India tops global cryptocurrency adoption ranking for second consecutive year

SEOUL, September 12 (AJP) - India ranked first globally for cryptocurrency adoption for the second consecutive year, according to blockchain data analysis firm Chainalysis. Eric Jardine, an analyst at Chainalysis, noted that India has maintained a high rate of cryptocurrency adoption between June 2023 and July 2024 despite regulatory challenges and highlighted Binance as a key factor in this trend, according to a report by cryptocurrency media outlet Watcher Guru on Wednesday. Ja

September 12, 2024