Investment
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Unicorn India Ventures Invests INR 10 Cr in Netrasemi Kerala-based semiconductor startup Netrasemi has successfully raised INR 10 crore in a pre-Series A funding round led by Unicorn India Ventures. Established in 2020 by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha, the startup focuses on building advanced system-on-chip (SoC) solutions designed for the growing needs of Edge AI applications in smart Internet of… |
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Elcina Proposes ₹72,500 Cr Financial Package to Boost India's Electronics Manufacturing Elcina proposes a ₹72,500 crore support package, with ₹17,900 crore allocated for capital investments and ₹54,600 crore under the PLI scheme. India faces a ₹21 lakh crore material gap, requiring $36 billion in investments. The Electronics Industries Association of India (Elcina) has proposed a ₹72500 crore financial package to boost… |
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Japanese Firms are Planning to Establish Semiconductor Units in India India is quickly becoming a strong contender in the global semiconductor market, with Japanese companies showing great interest in setting up semiconductor manufacturing units in the country. According to Deloitte, Japan’s advanced technology and expertise are a perfect match for India’s ambitious goal of building 10 semiconductor plants within the next decade. This… |
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British International Investment Announces $33.5M Investment in India’s EV Sector British International Investment commits $33.5M to India’s EV sector, including $15M for Everest Fleet, $15M for TI Clean Mobility and $3.5M for Vecmocon, totaling $328M in overall commitments in India EV Sector. British International Investment (BII), the UK’s development finance institution and impact investor, has announced $33.5 million in funding to… |
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Lam Research to Support Tata’s Dholera Semiconductor Fab Lam Research India plans to establish an office at Tata Electronics upcoming semiconductor fabrication facility in Dholera, Gujarat. This chip manufacturing plant by TATA, being developed in partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC), is set to become India’s first semiconductor fab, with the capacity to produce up to 50000 wafers each… |
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Masayoshi Son Aims to Make India a Global Chip Capital Masayoshi Son has invested $11 billion in Indian startups in this decade. SoftBank owns 90% shares of Arm Holdings, which aims to train one million chip designers in India. Global AI infrastructure investments are expected to reach trillions. Japanese billionaire and SoftBank founder Masayoshi Son is focused on making India a global… |
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AMD Positions India as a Key Hub for Semiconductor Investment AMD is investing $400 million in India by 2028, with Bengaluru hosting its largest R&D center outside the US, employing 8000+ people, making up 25% of AMD's global workforce. AMD, a global leader in semiconductor technology, has confirmed its commitment to India, positioning the country as a key development hub for the company’s… |
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IESA EV Fast Charging Summit: Need $30Billion Investment in EV Infrastructure India’s EV sector requires an investment of $20-30 billion to boost charging infrastructure. The PM E-DRIVE Scheme, with a ₹10900 crore allocation, aims to support over 28 lakh electric vehicles and 88500 charging sites. India’s electric vehicle (EV) sector requires an investment of $20-30 billion to expand its charging… |
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Karnataka to Boost Semiconductor Industry with Strong Support and Incentives Karnataka’s Industries Minister, MB Patil, has called on the Central Government to adopt a more inclusive approach to industrial development, particularly emphasizing the state's readiness to lead in semiconductor manufacturing. Patil highlighted that Karnataka’s strong infrastructure, skilled workforce and advanced research capabilities position it as the ideal… |
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Semiconductor Manufacturing Companies in India: Current State and Future Forecasts Overview of India's Semiconductor Industry: India is on a transformative path to become a important player in the global semiconductor market. As the world’s fifth-largest economy, India is pushing towards self-reliance in manufacturing, especially in the semiconductor sector. With an ambitious vision set by Prime Minister Narendra Modi, the country aims to grow its… |
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Hero Electronix Looks to Sell 30% Stake in Semiconductor Design and Engineering Company Tessolve Hero Electronix is reportedly planning to sell a 25-30% stake in Tessolve, aiming to raise $120-150 million. This potential deal values Tessolve at $400-450 million, with last year's revenue surpassing Rs 1,000 crore and an impressive 20% compound annual growth rate. Hero Electronix, led by Suman Kant Munjal, is reportedly considering the sale of a 25-30% stake in its semiconductor… |
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Ford to Launch Hybrid, EV and ICE Production at Chennai Plant Ford’s expanded vision for the Chennai facility hints at long-term investment in India, as the plant will create job opportunity, skill development and potential local market introduction once the demand for hybrids and EVs strengthens in India.
Ford is set to make a fresh start at its Chennai manufacturing plant, aiming to balance hybrid, electric and internal combustion… |
