Investment
|
Roadmap on Innovation and Technology: India-Germany Semiconductor Partnership The leaders discussed expanding the skilled migration initiatives for Indian professionals, with Germany recognizing India as a key source for skilled labor. Both nations committed to simplifying migration processes, aiming to fulfill Germany's need for skilled talent and further strengthening India-Germany partnership.
7th India-Germany Inter-Governmental Consultations (… |
|
Modi-Xi Meeting Marks Positive Turn for Chinese EV Makers in India India’s EV industry has substantial growth potential, with EVs currently comprising just 2% of passenger vehicles sold. Market forecasts predict a rise to 15-20% by 2030. However, S&P Global Mobility recently adjusted its forecast for EV penetration to 19% from the earlier 22% due to slower-than-expected adoption. … |
|
L&T Invests USD 300 Million to Launch Fabless Chip Firm, Focusing on Power and RF Semiconductor Over the next three years, L&T plans to design 15 semiconductor products, focusing on power chips, radio-frequency semiconductors, and mixed-signal integrated circuits, which are essential for a wide range of electronics. The company expects to begin sales by 2027 and expand its workforce of 250 chip designers to 500 by the end of 2024. … |
|
Chip Turmoil in US: Ambitious USD 30 Billion Semiconductor Investment Struggles to Show Impact In May 2020, Industry leaders Huang Renxun, Su Zifeng, Tim Cook, Wei Zhejiang, Liu Deyin, and Morris Chang came together in Phoenix, Arizona, to commemorate the opening of TSMC's first plant in the United States. This was considered a crucial event. It was an important turning point in the revival of the US semiconductor manufacturing sector. The world's… |
|
Government Approves ₹3,300 Crore Kaynes Technology Semiconductor Plant in Gujarat, Fostering India’s Semiconductor Ecosystem The new plant will produce 6 million chips per day, boosting industries like automotive, electric vehicles, consumer electronics, telecom, and smartphones. This project is a part of India’s ambitious Semiconductor and Display Manufacturing Ecosystem Program, launched in December 2021 with a budget of ₹76,000 crore. Kaynes Technology’s ambitious ₹3,300 crore… |
|
Suchi Semicon to Power Gujarat's Tech Revolution with USD 100 Million Semiconductor Plant The new facility, located in Surat, will have feature Class 10k and 100k cleanroom facilities in its Outsourced Semiconductor Assembly and Testing (OSAT) plant covering 30,000 square feet. What's more, the high-tech will have the capacity to produce up to 30 lakh chips per day, marking a massive leap forward for India’s semiconductor ecosystem. … |
|
Government Likely to Halt Second Chip Subsidy Scheme This Year. Find Out Why? The Ministry of Electronics and Information Technology (MeitY) will wait until the committed projects commences and then it will look for new funds for the second subsidy scheme. The much-anticipated second semiconductor subsidy scheme is unlikely to be unleashed this year by the government of India, according to media reports.… |
|
Optiemus Unmanned Systems launches indigenized Drones for Agricultural and Mapping Applications The company plans to invest Rs 140 Crores and offer a pioneering model of ‘Drone as a Service’ for the agriculture sector with a fleet of 5000 drones by end of 2025. Optiemus Unmanned Systems (OUS), a subsidiary of Optiemus Infracom Limited, a leading telecommunications and electronics manufacturing company in India, today launched… |
|
How The New Recommendations to the Govt will Boost Component Manufacturing Ecosystem in India
To mitigate this threat, India must rapidly transition from import-dependence assembly to value-added component manufacturing.
Value-added manufacturing requires a huge thrust on manufacturing components, parts, and their raw materials, which have a vast variety and are technology intensive.
India’s electronics industry is catalyzing economic transformation with an… |
|
India, US Inks Pact to Reinforce Semiconductors and Supply Chain Ecosystem Both the countries have formed a semiconductor strategic partnership to strengthen the design and manufacturing procedure of the chips for precision-guided munitions. The national security advisors of India and USA have agreed to develop each other’s supply chain, semiconductors, and assured a smooth supply of crucial minerals… |
|
Government To Unleash Rs 30,000 Crore Specific Electronic Component Scheme in August-September The scheme will offer subsidies for acquiring land to set-up factories for manufacturing critical components. A couple of days after Narendra Modi was elected as Prime Minister for the third consecutive time, reports in the media surfaced that the union cabinet, is all set to unleash Rs 30,000 Crore electronics component scheme. The… |
|
India’s Software Firm Zoho Announces to Foray in Chip-making Business with $700 Mn Investment According to Sridhar Vembu, the co-founder of Zoho, Zoho wants to be a part of India’s ambition to lead the international supply chain. In a bid to grow the semiconductor manufacturing landscape in the country, the global software business firm Zoho has now filed an application to the government, for commencing a new chip… |
