Investment
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Cyient Launches Semiconductor Subsidiary for Advanced ASIC Solutions Cyient, a leading global engineering and technology solutions firm today announced the launch of its wholly owned subsidiary, Cyient Semiconductors. This strategic move reinforces Cyient’s 25+ years of expertise in delivering ASIC turnkey solutions for industrial, data center, automotive and medical applications. The company’s decision to establish the semiconductor… |
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Kaynes Semicon to Deliver India’s First Packaged Semiconductor Chip by July Mysuru-based Kaynes Semicon facility is set to deliver India’s first packaged semiconductor chip by July. According to CEO Raghu Panicker, the company’s pilot production line is almost complete with machinery and clean room facilities scheduled for finalization by early May. Qualification testing is planned for June and the first samples will be provided to US-based… |
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Chhattisgarh Partners with IESA to Strengthen Semiconductor Ecosystem in India Chhattisgarh’s government and the India Electronics and Semiconductor Association (IESA) have officially announced their collaboration by signing a memorandum of understanding. The agreement signed by Rajat Kumar, secretary of Chhattisgarh’s commerce and industries department and Ashok Chandak, IESA president aims to strengthen the electronics system design and… |
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RIR Power Electronics to Establish ₹618 Crore SiC Semiconductor Plant in Odisha RIR Power Electronics Ltd has secured approval under the Odisha Semiconductor Manufacturing and Fabless Policy 2023 for a customized incentive package to establish a Silicon Carbide (SiC) semiconductor plant in Odisha. The approved investment of ₹618 Crores is aimed at advancing domestic semiconductor production while meeting growing industry demands. The facility… |
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Infineon to Double India Workforce for R&D by 2030, Says Company's CMO Andreas Urschitz German semiconductor firm Infineon Technologies is set to double its India workforce by 2030, focusing on research and development rather than manufacturing. Currently employing 2500 professionals in India, the company plans to increase its headcount to 5000. Chief Marketing Officer Andreas Urschitz confirmed the initiative during a media roundtable, emphasizing that… |
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HCL-Foxconn Joint Venture Semiconductor Facility Shifts to New Location in Noida Yamuna Expressway Industrial Development Authority (YEIDA) has allocated a new land allotment in Noida’s Sector 28 for Vama Sundari Investments, a joint venture between HCL Group and Taiwanese manufacturer Foxconn Hon Hai Technology India. This revised allocation follows challenges encountered at the previously designated Sector 10 site, where delays in land… |
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India Accelerates AI Innovation with Launch of AIKosha, Compute Portal and Other Initiatives Union Minister Ashwini Vaishnaw marked a major milestone in India’s AI journey with the launch of several initiatives under the IndiaAI Mission during a high-level event in New Delhi. The event saw the unveiling of AIKosha, a secured platform that provides a repository of datasets, models and use cases along with AI sandbox capabilities through an integrated… |
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CDIL Semiconductors Partners with Infineon Technologies to Boost India’s Semiconductor Manufacturing CDIL Semiconductors and Infineon Technologies Asia Pacific Pte Ltd have signed a Memorandum of Understanding to explore strategic collaboration opportunities in India’s fast-growing semiconductor market. The agreement aims to leverage CDIL’s six decades of expertise in semiconductor packaging and Infineon’s global leadership in power systems and IoT. This partnership… |
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Gujarat Emerges as India's Prime Semiconductor Hub at SemiConnect 2025 Gujarat has emerged as India’s preferred destination for semiconductor companies, according to Chief Minister Bhupendra Patel. Speaking at the inauguration of SemiConnect-2025 in Gandhinagar, Patel emphasized the state’s proactive initiatives including the Gujarat State Electronics Mission and a dedicated semiconductor policy launched in 2022. He described Gujarat as… |
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Jio, AMD, Cisco, Nokia Unveil AI Driven Telecom Platform at MWC 2025 At Mobile World Congress 2025, Jio Platforms Limited with AMD, Cisco and Nokia, announced plans to launch a new Open Telecom AI Platform. This initiative is designed to support telecom operators and service providers by integrating real-world, AI-driven solutions into everyday network operations. The platform aims to enhance efficiency, security and create new… |
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TSMC Plans $100B US Investment to Transform Semiconductor Manufacturing and Mitigate Geopolitical Risks Taiwan Semiconductor Manufacturing Company (TSMC) is set to invest $100 billion in advanced manufacturing facilities in the United States. The planned move responds to potential tariff threats on semiconductor imports from Taiwan, as proposed by the Donald Trump’s administration. It also aligns with the Biden administration’s CHIPS and Science Act, which seeks to… |
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Myriota and Nordic Semiconductor Launch 5G-Compliant IoT Satellite Connectivity Global satellite connectivity provider Myriota today announced the availability of its innovative 5G-compliant HyperPulseTM network, built on Nordic Semiconductor’s low power cellular IoT solutions. The new service delivers end-to-end 5G Non-Terrestrial Network connectivity designed specifically for battery-constrained IoT applications. The collaboration brings… |
