Fire at Tata's iPhone parts plant in southen India put its ability to operate sophisticated manufacturing to test. Foxconn may make progress on its OSAT venture in India despite delay.
Fire at Tata's iPhone parts factory threatens India production amid festive season
Tata Electronics plans to partially restart operations at its fire-hit plant in Tamil Nadu, which manufactures iPhone components. A fire broke out at the end of September in a chemical storage unit. Authorities have approved the resumption, and employees will receive full pay during recovery. The extent of damage remains unclear.
Foxconn confirms investments in India, likely its OSAT venture with HCL
Foxconn reportedly plans to invest approximately US$50 million in its Outsourced Semiconductor Assembly and Test (OSAT) joint venture with HCL, as India continues to offer attractive subsidies for chipmaking facilities.
India-based L&T Semicon anticipates mass production of its first chip within two years
India-based IC design startup L&T Semiconductor Technologies revealed it's developing 15 products, which will be mass-produced in two years and will start the chipmaking business once it reaches a certain threshold in sales.
India deploys three supercomputers
India has made significant strides in supercomputing, launching three PARAM Rudra supercomputers and two High-Performance Computing Systems. These powerful machines will be instrumental in driving research and innovation across various sectors, including science, technology, and the economy.
India launches government-led generative AI project for local languages
The Ministry of Science & Technology of India has announced the launch of BharatGen, a generative AI initiative focused on developing foundational models in language, speech, and computer vision, according to a press release published by the Press Information Bureau of India.
BYD reportedly plans to establish EV plant in India in 2025
China-based automotive giant BYD is reportedly in talks with Indian conglomerates Reliance Group and Adani Group to set up a local manufacturing base in India. This move comes despite India's cautious stance regarding Chinese investments.
