market insights
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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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EVRE Inaugurates New Hyderabad EV Charger Manufacturing Unit to Boost Domestic Production Capacity EVRE, an EV charging infrastructure company has opened a new domestic charger manufacturing unit at the Patancheru Industrial Development Area in Hyderabad. The facility will begin by producing up to 5000 chargers per month and plans to double the output to 10000 units by 2026, when the expansion is expected to be complete. This new plant will enable the company to… |
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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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India Emerges as Apple’s Premier iPhone Manufacturing Hub to Diversify Supply Chain Apple has shifted a significant portion of its iPhone production to India, now accounting for 14% of global output and making India the largest manufacturing hub outside China. iPhone exports contribute nearly half of India’s $11.1 billion smartphone exports and supported $8 billion in Apple revenue for FY24 or 2% of global revenue for Apple in FY24. … |
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Union Minister Ashwini Vaishnaw Launches ECMS Portal, Urges Design Teams and Six Sigma Quality Ashwini Vaishnaw, Union Minister for Electronics and IT today launched the guidelines and online portal for the Electronics Component Manufacturing Scheme (ECMS), reinforcing India’s electronics manufacturing capabilities. The Union Cabinet approved ECMS on April 8, 2025. From May 1, 2025 companies can submit applications online under the defined segments. … |
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Hyundai Motor Group Launches Battery and Electrification Research Centre at IIT Delhi Campus Hyundai Motor Group has officially opened the Hyundai Centre of Excellence for future mobility technology at IIT Delhi. This new research hub is part of a long-term partnership between Hyundai and India’s premier institutes of technology. It will focus on nine key projects covering battery cells, system testing, battery management systems, boosting energy density,… |
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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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IISc Proposes Angstrom-Scale Chip Development with 500INR Crore Funding Request A team of 30 scientists from the Indian Institute of Science (IISc) has submitted a proposal to the Ministry of Electronics and Information Technology to develop angstrom-scale semiconductor chips. These chips are made using 2D materials which could be nearly one-tenth the size of today’s smallest chips. The team has requested Rs 500 crore in funding over five years… |
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TNEB and Civic Bodies to Establish Public EV Charging Stations Across Tamil Nadu The Tamil Nadu Electricity Board (TNEB) has announced plans to partner with local civic bodies to establish Common Public Electric Vehicle Charging Stations across the state. TNEB officials approached the Greater Chennai Corporation and other local authorities to discuss the proposal. Under the plan, Chennai may host around 100 charging stations, while each municipal… |
