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
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
In a push to decarbonize, the Indian government is ramping up policy support for hydrogen-powered commercial vehicles. The National Green Hydrogen Mission aims to promote large-scale adoption of hydrogen technology across various sectors, including fiscal support for fuel cell vehicle (FCV) pilots targeting commercial buses and long-haul trucks
India is eager to build its AI capabilities under the IndiaAI Mission. Meanwhile, India's efforts to attract Tesla have hit another roadblock amid a slowing global EV market that may impact capital expenditures of EV makers
Google is gearing up to establish India as a key export hub for its Pixel smartphones targeting markets in Europe and the US, with the local production of Pixel smartphones to commence soon through Foxconn and Dixon subsidiary Padget Electronics
Foxconn's expansion of iPhone manufacturing in India is contrasting sharply with the challenges faced by its local subsidiary responsible for Android smartphone production. Bharat FIH, the Foxconn group's Indian arm, is reportedly grappling with a senior executive exodus and may close one of its two facilities
Ahead of the upcoming Union Budget 2024-2025, the Indian Cellular & Electronics Association (ICEA) is urging the Indian government to reduce import duties on electronics manufacturing inputs. They argue that current duties are too high and are hindering the growth of the mobile phone sector in India
According to Business Standard, The Adani Group has announced plans to leverage its extensive consumer base of 400 million users across airports, electricity, and gas distribution businesses to promote a range of products and services through its new Adani One super app
A Micron senior executive said the company is expected to see full capacity through 2025 thanks to AI and Micron will keep up good management to ensure supply-demand balance amid the semiconductor investment frenzy across countries
Following the cancellation of Tesla CEO Elon Musk's visit to India, reports suggest that the electric vehicle (EV) maker may postpone its potential investment in the country due to intense competition and sluggish growth in the global EV market
India plans to launch a public AI platform for businesses and researchers to build products or conduct projects, including large-scale procure plans for GPUs
The "2024 Semiconductor Talent Development Program," a joint effort of the German government of Saxony, National Taiwan University, and TSMC, has born the first batch of fruits
India-based IC design house and IP provider MosChip Technologies secured a deal to design a homegrown HPC chip made by TSMC, amid India's indigenization efforts in the AI era
VinFast, which commenced construction of its inaugural manufacturing facility in India in February, may open the facility three months ahead of schedule
