Investment
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New Doors Open for Indian AI Startups as US Eases Chip Export Rules Thanks to a major policy change in the United States, Indian startups and researchers may soon find it easier to access cutting-edge AI hardware. The US government has officially scrapped the controversial AI diffusion rule introduced under the Biden administration. The rule was intended to limit China’s access to advanced AI chips, but the restrictions impacted friendly nations like India,… |
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Xiaomi to Pour $6.9 Billion into Semiconductor Chip Production Over the Next 10 Years Chinese smartphone giant Xiaomi has announced its plans to invest at least $6.9 billion over the next decade to develop its own semiconductor chips, making a decisive push towards autonomy. Xiaomi CEO Lei Jun revealed the ambitious plan on the Chinese social media platform Weibo, acknowledging the challenging road ahead while emphasizing its strategic importance. This development… |
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Synaptics and Murata Collaborate to Launch Next-Gen Automotive Wi-Fi and Bluetooth Connectivity Module Synaptics Incorporated and Murata Manufacturing have announced a partnership to jointly develop a turnkey wireless connectivity module designed for automotive Tier 1 suppliers and OEMs. This module will integrate Synaptics’ Veros Wi-Fi and Bluetooth combo systems on chips (SoCs) with Murata’s compact module design expertise. The collaboration aims to deliver… |
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Maharashtra Cabinet Approves Electric Vehicle Policy 2025 with Subsidies and Toll Waiver Benefits On Tuesday, the Maharashtra government announced the Electric Vehicle Policy 2025 with an allocated budget of ₹1,993 crore over the next five years. The initiative aims to promote the adoption of electric vehicles, reduce carbon emissions and support sustainable transport across the state. The Cabinet, led by Chief Minister Devendra Fadnavis approved the policy… |
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Samsung and Global Tech Giants Plan to Shift Manufacturing from Vietnam to India Amid Changing Tariff Policies South Korean tech leader Samsung is in talks to move some of its smartphone and electronics production from Vietnam to India, according to sources. Discussions have begun with Indian electronic manufacturing services (EMS) partners including Dixon Technologies, Foxconn, Bhagwati Products, Wingtech and Longcheer, which handles certain models for Samsung. Vietnam… |
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Certus Semiconductor Joins TSMC IP Alliance Program to Enhance ESD and I/O Solutions Certus Semiconductor has joined TSMC’s IP Alliance Program, part of the TSMC Open Innovation Platform. Through this partnership Certus can now offer its proven ESD protection and input/output building blocks directly to TSMC customers. Working together will make it easier to integrate Certus designs into chips built on TSMC’s wide range of process options. … |
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IIT-Bhubaneswar Partners with Numeros Motors Pvt Ltd for Two-Year Research on Rare Earth-Free EV Motors The Indian Institute of Technology, Bhubaneswar (IIT Bhubaneswar) and Bengaluru-based Numeros Motors Pvt Ltd signed a memorandum of understanding (MoU) to begin a two-year research project on electric vehicle (EV) components. Numeros Motors is a new equipment manufacturer focused on truly home-grown electric mobility solutions. The goal of this partnership is to… |
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Vayudh Secures $10 Million In A Funding Round to Advance Indigenous Drone Technology On April 22, 2025, Indian defence technology company Vayudh raised $10 million in a funding round led by Dharana Capital. The round also included Deepinder Goyal of Zomato, Ajay Aggarwal of Action TESA, Sumit Jalan, LetsVenture and Navam Capital. This follows an earlier investment from Florintree Advisors and marks Vayudh’s biggest fundraising so far. … |
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Telangana Signs MoU with NTT Data and Neysa Networks to Set Up 10,500 Crore AI Data Centre Cluster The Telangana government has signed a Memorandum of Understanding (MoU) with Japan-based companies NTT DATA and Neysa Networks to establish an Artificial Intelligence Data Centre cluster in Hyderabad. The agreement was formalized during a high-level investment meeting in Tokyo which was attended by Chief Minister A. Revanth Reddy. The project involves an investment… |
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M.S. Dhoni-Backed Garuda Aerospace Secures ₹100 Crore in Series B Funding Chennai-headquartered Garuda Aerospace has secured ₹100 crore in its Series B funding round from Venture Catalysts at a valuation of $250 million. The investment marks a significant milestone for this drone startup company founded in 2015. Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace said the funds will support scaling of its production facility and… |
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Spirit Electronics Expands U.S. Semiconductor Manufacturing with SMART Microsystems Acquisition Spirit Electronics has acquired SMART Microsystems located within Lorain County Community College in Elyria, Ohio. The acquisition announced on April 10, 2025 marks a strategic move to strengthen domestic semiconductor manufacturing. Spirit Electronics underscores its dedication to maintaining high-reliability solutions while broadening service capabilities for a… |
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Chhattisgarh to Host First Semiconductor Plant in Nava Raipur Chhattisgarh is set to establish its first semiconductor manufacturing plant in Nava Raipur, led by Chennai-based Polymatech Electronics. The facility will focus on producing Gallium Nitride (GaN) semiconductor chips, which are essential for enabling 5G and 6G technologies. The foundation stone will be laid on April 11 by Chief Minister Vishnu Deo Sai, who will also… |
