market insights
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India’s Dilemma of 6GHz band - Licensing VS De-Licensing The world of connectivity is in the middle of a crucial decision over a desired piece of the radio spectrum - the 6GHz frequency band. But what exactly is 6GHz and why is it sparking a heated debate in India? This article takes you through the significance of the 6GHz band, what’s at risk for India and why the nation is facing a dilemma over how it should be… |
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Hyundai to Install 600 EV Fast Charging Stations Across India by 2030 Hyundai aims to establish 600 EV fast charging stations across India by 2030, with 50 stations operational by December 2024. In Tamil Nadu, 100 stations will be set up by 2027, including 10 stations operational by 2024. Hyundai Motor India Ltd (HMIL) has announced a big plan to set up 600 EV fast charging stations across India by… |
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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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Delhi Launches 25 EV Charging Stations to Strengthen Green Mobility Delhi recently added 25 new EV charging stations, increasing the total to over 2,400, including 78 government-operated ones. Currently, 12% of new vehicle registrations in the city are electric. The Delhi government aims to raise this figure to 25% by 2025, further promoting green mobility and reducing pollution. In a major step… |
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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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Delhi Government Announces the Extension of EV Policy Till March 2025 Delhi EV policy, buyers of electric two-wheelers will get ₹5000 per kWh of battery capacity as a subsidy, up to a maximum of ₹30000. For electric three-wheelers, a flat subsidy of ₹30000 is offered, regardless of the vehicle’s battery size or price. The Delhi government has extended its Electric Vehicle (EV) policy till March 31,… |
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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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Neuralink Launches Brain Chip Trials in Canada for Paralysis Neuralink has taken an important step in advancing its innovative brain-computer interface (BCI) technology by launching its first international clinical trial in Canada. The trial Called the CAN-PRIME Study has received approval from Health Canada followed by the success of Neuralink's PRIME Study in the United States. It aims to test the safety and basic… |
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Foxconn Considers Tamil Nadu for Battery Plant Expansion Foxconn, a global leader in electronics manufacturing, is in discussions with the Tamil Nadu government to establish a Battery Energy Storage System (BESS) facility in the state. The Tamil Nadu government has offered approximately 200 acres of land for the proposed project, located near Manalur in the Tiruvallur district. This move is part of Foxconn's broader… |
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HMD Global Shifts Major Manufacturing Operations from China to India Finland phone maker HMD Global, known for manufacturing Nokia-branded feature phones, is shifting a significant portion of its manufacturing operations from China to India. This strategic move aims to establish India as the company’s global manufacturing hub, strengthened by domestic partnerships and a strong focus on exports. Ravi Kunwar, CEO and VP for India and… |
