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Coimbatore Advances EV Sector with New Testing and Training Facility by SITARC The Scientific and Industrial Testing and Research Centre (SITARC) in Coimbatore is gearing up to establish a state-of-the-art electric vehicle (EV) testing and training facility. Minister V. Senthil Balaji recently laid the foundation for this ₹9.97 crore initiative aimed at supporting Micro, Small and Medium Enterprises (MSMEs) in transitioning to EV manufacturing… |
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Polymatech Announces Second Semiconductor Plant in Chhattisgarh Polymatech Electronics has announced the launch of its second semiconductor manufacturing plant in Atal Nagar-Nava Raipur, Chhattisgarh. The announcement was made during the Chhattisgarh Investor Connect 2024 event held in New Delhi. This new facility will focus on producing Gallium Nitride (GaN) semiconductor chips and advanced packaging for 5G and 6G telecom base… |
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Samsung Loses Qualcomm Contract to TSMC for Snapdragon 8 Elite Gen 2 Chips Samsung has faced a major setback as it has lost the contract to manufacture Qualcomm’s flagship Snapdragon 8 Elite Gen 2 chip. Qualcomm has decided to give the entire production to Taiwan Semiconductor Manufacturing Company (TSMC). This decision has further strengthened TSMC’s position as a leader in advanced semiconductor manufacturing. Qualcomm's choice shows its preference for… |
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RFOXiA MultiNav Pro+ BLE Module: Accurate Navigation, Tracking and Environmental Sensing RFOXiA has introduced the MultiNav Pro+ BLE Module, a compact unit designed for precise navigation, tracking and environmental sensing. It provides accurate location data and real-time environmental information, making it suitable for various technical applications. The module integrates GNSS (Global Navigation Satellite System) for positioning and environmental… |
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Proxgy Secures $3 Million in Series A Funding with Ajinkya Rahane's Investment Proxgy, a deeptech startup based in Gurugram, has successfully secured $3 million in Series A funding. The round was led by Ajinkya Rahane, one of India’s well-known cricketers, who joined the investment alongside several other high-profile figures including Nikhil Kamath, Bollywood actor Suniel Shetty, industrialist Vinod Duggar and Manish Patel, a partner at CMG… |
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Karnataka Approves Nine Industrial Projects Worth ₹9,823 Crore, Creating Over 5600 Jobs Karnataka has approved nine major industrial projects worth ₹9,823.31 crore during the 64th State High-Level Clearance Committee (SHLCC) meeting, led by Chief Minister Siddaramaiah. These projects are expected to generate over 5,600 job opportunities across the state, highlighting the government's commitment to industrial development. … |
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India Currently Has 25,202 Public EV Charging Stations, Says Minister Bhupathiraju Srinivasa Varma India has reached an important milestone in its electric vehicle (EV) transition, with 25,202 public EV charging stations are now in operation. This achievement comes as a result of the government’s ongoing efforts to promote electric vehicles and enhance the necessary infrastructure. The update was shared by Bhupathiraju Srinivasa Varma, Union Minister of State for… |
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Mindgrove Technologies Raises $8 Million for Chip Development and Expansion Mindgrove Technologies, a Chennai-based fabless semiconductor design startup has raised $8 million in its Series A funding round. The round was co-led by Rocketship.vc, Speciale Invest and additional participation from Mela Ventures, Peak XV Partners, Whiteboard Capital, Nishchay Goel and new investor Anshul Goel. This new funding will help the company to accelerate… |
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embedUR Systems Partners with Synaptics Inc for AI Solutions in India US-based embedUR Systems has teamed up with Synaptics Inc., a Nasdaq-listed semiconductor company, to offer affordable AI-powered edge solutions in India. This partnership aims to meet the growing demand for smart technologies in areas like smart homes, medical monitoring, manufacturing and driver assistance systems. With embedUR’s Chennai-based team and global semiconductor expertise of… |
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C-DOT Partners with Silizium Circuits to Develop LEO Satellite Components in India The Centre for Development of Telematics (C-DOT), India’s leading telecom research and development organization has partnered with semiconductor startup Silizium Circuits to advance the development of Low Earth Orbit (LEO) satellite components. This agreement, signed under the Telecom Technology Development Fund (TTDF) scheme focuses on creating indigenous… |
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SolarSquare Raises $40 Million to Drive Residential Solar Adoption in India SolarSquare, a Mumbai-based solar installation startup, has raised $40 million in a Series B funding round with Lightspeed Venture Partners leading the investment and additional support from Lightrock, Elevation Capital and other investors. Founded in 2015, SolarSquare specializes in residential solar installations and has already helped over 20,000 homes and 200… |
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Silicon Labs Partners with GITAM University to Set Up an IoT Innovation Centre Silicon Labs, a prominent semiconductor design and manufacturing company based in the USA has partnered with India’s Gandhi Institute of Technology and Management (GITAM) University to establish a Centre of Innovation in the Internet of Things (IoT). The lab will be equipped with advanced hardware and software tools, aiming to promote innovation in connected… |
