India's semiconductor ecosystem is rapidly growing as international and local firms are expanding investments in the country.
Indian startup and semiconductor titans team up to bridge skill gap
Semiconductor companies are struggling to find qualified candidates as the industry expands. Perceptives Solutions, a startup, is bridging the gap by setting up Centers of Excellence (COEs) at universities. These COEs provide students with hands-on experience in semiconductor manufacturing and packaging, preparing them for the industry. Perceptives Solutions is working with universities, trainers, and industry partners to create a pipeline of skilled engineers.
Japan-based Horiba to establish semiconductor measuring equipment facility in western India
According to Business Standard, Japan-based Horiba, a major player in the global semiconductor industry, plans to establish a manufacturing facility in India. This plant will cater to the growing domestic market for chip fabrication, assembly, and testing, as well as for export.
L&T acquires Indian IC design startup
Larsen & Toubro bought an IC design startup to enhance its IP and engineering capabilities in the semiconductor sector in a series of investments in and acquisitions of India-based chip startups.
India IC startup secures US$5 million funding
iVP Semi, an India-based IC design house, has recently been established and has secured US$5 million in pre-Series A funding. The startup plans to leverage this investment to establish a production testing facility in Chennai and another undisclosed location in South India.
Foxconn steps up new factory development in India, Vietnam, and Mexico
As a global leader in ICT manufacturing, Hon Hai (Foxconn) has become a bellwether of relocation trends in the manufacturing industry, as its customers increasingly demand "China+1" and "Taiwan+1" production.
Xiaomi aims to double shipments in India in next decade
As Xiaomi enters its 10th year in the Indian market, the company hopes to double its product shipments and expand local manufacturing to strengthen its presence in the market.
India reportedly asks Apple to consider local production plan for tablets and PCs
The Indian government is reportedly urging Apple to increase the range of products manufactured in the country, including iPads and Macs. According to a Money Control report citing unnamed sources, the government is encouraging Apple to produce these devices within the next two years. AirPods could potentially become the next Apple product made in India.
