Apple to Manufacture All Four iPhone 17 Models in India, making India second largest hub after China

Ola Electric is spearheading India's electric vehicle (EV) revolution with its state-of-the-art Gigafactory located in the Krishnagiri district of Tamil Nadu, on the outskirts of Bangalore. This expansive 115-acre facility is dedicated to the manufacturing of lithium-ion cells and is touted as India's first Gigafactory.India's First Gigafactory: A Hub of Complexity and Cleanliness The Ola Gigafactory is an extremely complex manufacturing facility, requiring exceptionally clean rooms where even moisture, sweat, hair, or dirt cannot enter the atmosphere. This level of precision is comparable to semiconductor manufacturing processes, making it one of the most intricate in the world.The Heart of EVs: The 4680 Lithium-Ion Cell At the core of Ola Electric's ambition is the 4680 lithium-ion cell, described as "the heart of EVs". Beyond electric vehicles, this small cell is envisioned as the "energy platform of the future," capable of powering diverse applications such as drones, humanoids, home energy storage devices (like inverters replacing lead-acid batteries), and even grid storage alongside solar plants.Impact on Ola Electric's Products and Margins The 4680 cells are set to power Ola scooters this quarter (Q2: July-September), with the first products delivered to customers during Navratri. Manufacturing these cells in-house will significantly improve Ola Electric's margins over the next 12 months, as they move away from importing this crucial component. All upcoming Ola products, including Gen 3 scooters, motorbikes, and future offerings, will utilise the 4680 cells. In-house cell production offers several strategic advantages:Technology Control: Ola gains control over the technology, which defines product performance, including charging speeds, range, and thermal performance.Supply Chain Resilience: It reduces dependence on external suppliers or geopolitical factors that might throttle supplies.Faster Development & Customisation: The ability to build the next generation of cell technology faster and customise cells for different products, such as motorcycles or performance bikes, is enhanced.All cells produced are BIS certified.A Glimpse into the Manufacturing Process The Gigafactory process is highly automated and precise:All-Women Workforce: A notable highlight is that the Gigafactory is an all-women facility, currently employing around 500 women and scaling up to 1,000. These women operate complex machines, engaging in high-skill level jobs rather than manual labour. Many are engineering graduates.Cathode Production: The process begins with cathode making, where raw materials are processed and wound into electrode rolls. These raw materials are sourced from multiple countries, including China, Japan, Korea, and Australia (a major producer of lithium and manganese).Slitting: Large electrode rolls are then precisely slit into smaller "daughter rolls" with micron-level accuracy.Assembly and Jelly Roll Creation: In the assembly process, the cathode, anode, and a separator are combined into a "jelly roll".Multi-Stage Production: Making a cell involves almost 20 more processes after the jelly roll stage. This includes flattening sides, intricate welding to attach the lid, and taping sides to ensure vacuum and air-proofing.Electrolyte Filling and Charging: The cells are initially open for electrolyte filling, after which they are sealed with a plug and undergo a 10-day charge/discharge "hibernation" cycle.Quality Assurance with AI: Every single cell undergoes an X-ray inspection, with AI imaging used to detect any deviations in critical parameters like the gap between cathode and anode layers. This ensures micron-level accuracy and is essential for the factory's operation.Production Capacity: The factory boasts a throughput of 1 to 2 lakh cells per day. Approximately 40 of these cells go into one scooter battery pack.Investment: The 5 GWh capacity of the Gigafactory will require an investment of approximately $400 million, much of which has already been invested through equity and pre-IPO debt.Moving Towards Rare Earth-Free Motors Ola Electric is also working on a rare earth-free motor, specifically a ferrite magnet motor. This initiative comes as China holds a near monopoly on rare earths, which are essential for current motor technologies. Ola began this journey two years ago and is ready for production next quarter, aiming to de-risk its supply chain from rare earth dependency. The long-term direction for motor technology is to reduce or eliminate magnets by using copper wire with electricity to create electromagnets. In the short term, Ola has already diversified its magnet sources across multiple countries and produces motors in-house, mitigating immediate production impacts.Market Dynamics and Future Outlook The EV market in India has seen an aggressive ramp-up, with scooter adoption growing from almost zero to about 20% in just four years. While currently in a phase of consolidation, Ola anticipates another steep ramp-up driven by technology progression, cost reduction, and improved range and charging speeds.Ola Electric entered the market later than some rivals but was the first to scale, building significant vertical integration, factory scale, and consumer mind share. Ola has sold 1.2 million two-wheelers to date, significantly outpacing its closest competitor. The company has shifted its strategy towards profitable growth, focusing on deep vertical integration, technology development, and a "DNA of technology" to build good products and ensure profitability. Ola aims to achieve a 25-30% market share in two-wheeler EVs with high margins.Bhavish Aggarwal, founder of Ola Electric, states that their vision for the cell Gigafactory extends beyond their own products; it is intended to be an energy platform for India, with cells potentially supplied to other startups and companies for drones, robotics, energy storage, and other automotive products.Aggarwal draws inspiration from global EV leaders like Tesla and BYD for their vertical integration, high margins, and product differentiation, as well as cell companies like CATL and LG for their world-class processes and innovation. He believes it's "never too late" for India to start and scale up in these frontier technologies, aiming to "leapfrog" existing advancements.----Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net

Gautam Adani, Chairman of the Adani Group, has issued a powerful call for India to embark on what he calls its “second freedom struggle,” this time focused on achieving technological self-reliance. Speaking at the platinum jubilee of the Indian Institute of Technology (IIT) Kharagpur, Adani framed future global competition as a battle fought not with traditional weapons but through control over algorithms, data, and intellectual property.Adani emphasized that the true power in today's world lies in data centers and intellectual property rather than conventional resources or territories. He warned that nations dominating technology and intellectual property will, in turn, control the future. Highlighting India’s heavy reliance on imports—with 90% of chips and 85% of oil sourced from abroad—he urged urgent action from the government, academia, and industry to build domestic strength in these critical sectors.To guide this transformation, Adani proposed four core principles that could steer India toward technological and economic ascendancy: treating ideas as weapons in competition, prioritizing “India first” in development, fortifying the country's technological and infrastructure base, and fostering closer cooperation between academia, government, and industry.In an era marked by rapid AI innovation, Adani cautioned that today's technological advantages could quickly evaporate, making technological sovereignty synonymous with national sovereignty. He stressed the need for India to prepare aggressively, ensuring engineers and innovators lead this race rather than follow.Backing his vision with tangible projects, Adani announced the construction of the world’s largest renewable energy park in Gujarat’s Khavda region, spanning 500 square kilometers and boasting a massive planned capacity of 30 gigawatts. His ambition is clear: India will lead global renewable energy production within five years and set the pace worldwide by 2030.Further fueling innovation, Adani launched the Adani-IIT Platinum Jubilee Change Makers Fellowship, aiming to back promising projects in renewable energy, logistics, and smart mobility—areas crucial for sustainable growth.Reflecting on his company’s national scale, Adani attributed part of the Adani Group's success to its alignment with government policies, positioning it as India’s largest infrastructure player. He sees the Khavda project and others as integral to building a strong, technologically sovereign India.By positioning technological independence as a vital national mission, Adani is raising the stakes for India’s future. His message underlines the crucial nexus of innovation, infrastructure, and policy, signaling that collaboration across sectors is key for India’s emergence as a global technology leader.--------Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net

On 24 July 2025, India’s Ministry of Commerce and Industry announced the signing of the India–UK Comprehensive Economic and Trade Agreement (CETA), a landmark deal set to deepen bilateral trade and investment relations. This agreement aims to facilitate smoother market access by reducing tariffs on goods, simplifying customs procedures, and enhancing cooperation across various sectors including services, investment, and sustainability.Unlike a traditional Free Trade Agreement (FTA) that often focuses primarily on reducing tariffs on goods, CETA encompasses a broader scope of commitments. It includes detailed provisions on trade in services, investment protections, intellectual property rights, digital trade facilitation, and labor mobility—allowing professionals from both countries easier temporary access to each other’s markets.For example, the India–UK CETA provides near duty-free access on approximately 99% of Indian tariff lines and 90% of UK tariff lines. It also emphasizes regulatory cooperation and trade facilitation measures designed to reduce non-tariff barriers, supporting small and medium enterprises and encouraging sustainable trade practices.Beyond traditional trade concerns, the agreement addresses newer priorities such as state-owned enterprises, environmental standards, and gender equality, reflecting the modern and comprehensive nature of the pact.Both governments view CETA as a strategic step to bolster economic growth, attract foreign direct investment, and foster innovation and technological exchange amidst a shifting global trade environment. India sees the deal as aligning with its export expansion and investment attraction goals, while the UK regards it as a critical part of strengthening post-Brexit trade relations.The agreement will enter into force following completion of parliamentary and regulatory approvals in both countries. Stakeholders anticipate that CETA will open new avenues for businesses and service providers, deepening commercial cooperation and setting a framework for long-term partnership between India and the UK.-------Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net