market insights
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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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Suchi Semicon Targets 150000 Chips Daily in Phase One of Production Gujarat-based semiconductor packaging company Suchi Semicon is set to begin commercial production this month with an ambitious target of producing and packaging 150000 chips per day. This initiative marks the company’s entry into large-scale chip production as it aims to ramp up its capabilities over the next few months. According to Ashok Mehta, Managing Director of… |
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LG CNS Expands Smart City Projects with New Initiative in U.S. LG CNS, a leading AI transformation company from Korea has entered into its first partnership with a U.S. government agency to bring smart city technology to Hogansville, Georgia. This project will focus on installing smart poles and an integrated control system to enhance public safety, connectivity and city operations. The initiative marks the company’s official… |
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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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IIT Delhi and Micron Partner to Advance Semiconductor Research and AI Applications Indian Institute of Technology Delhi (IIT Delhi) and Micron Technology, Inc have entered into a research partnership to improve semiconductor reliability through AI-driven modeling and electronic materials research. The project focuses on predicting and mitigating fatigue and fracture in copper-based electronic components used in semiconductor devices. … |
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NVIDIA Partners with Top Manufacturers to build American-based AI Supercomputers for First Time NVIDIA has announced plans to manufacture AI supercomputers entirely within the United States. The company is partnering with established manufacturers to design and build new facilities that will produce and test NVIDIA Blackwell chips in Arizona. This marks a significant step in localizing production and strengthening the supply chain for AI infrastructure. … |
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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… |
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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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EHang Receives Air Operator Certificates for EH216-S eVTOL Operations EHang, a prominent urban air mobility technology platform company announced that its wholly-owned subsidiary, Guangdong EHang General Aviation and its joint venture Hefei HeYi Aviation have been granted the first batch of Air Operator Certificates (OC) by the Civil Aviation Administration of China (CAAC). The certificates authorize the operation of pilotless human-… |
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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… |
