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Cabinet approves one more semiconductor unit in Gujarat, to be India's fifth

With the objective to develop a vibrant semiconductor ecosystem, the Union Cabinet chaired by Prime…

ANI   


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India makes a $10 billion bet to woo chip makers at home

China Plus One refers to reducing dependency on supply chains only in China, and diversifying bu…

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US offer to help India in chip manufacturing just lip service: China

As the US and India join hands to address semiconductors supply chain challenges, the Joe Biden gov…

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India is reportedly in talks with TSMC, Intel and other semiconductor giants to set up local production plants in the country

In a bid to push the semiconductor industry, which is in nascent stages, the Indian government is w…

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Government creating system that gives opportunity to every youngster: PM Narendra Modi

Prime Minister Narendra Modi has emphasized his government's efforts to provide youth with ample op…

PTI   


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Checkout chip makers’ stocks that surged on PLI scheme; industry leaders feel the move will make India self-reliant

Finally, some of the semiconductor shortage will hopefully ease after the Indian government announc…

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Govt will soon launch new PLI scheme for IT hardware: Union minister

The Central government will soon launch an information technology server and IT hardware production…

PTI   


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Global investors eyeing India, don't miss this 'golden chance': PM to India Inc.

Prime Minister Narendra Modi on Tuesday said India is firmly on the path to becoming the world's th…

PTI   


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Foxconn-Vedanta: How the $19.5 billion deal went kaput

Taiwan's Foxconn and Vedanta's ambitious $19.5bn deal to manufacture semiconductors in India is ove…

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Indian semiconductor component market is expected to record a cumulative revenue of $300 billion by 2026

India's semiconductor component market is likel to reach $300 billion in cumulative revenues by 202…

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Indian government to offer ₹76,000 crore incentive package for semiconductor manufacturing in India, report says

The semiconductor policy is said to “help deepen India’s manufacturing base,” according to t…

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India is likely to promote UPI, Rupay to de-risk itself, says Motilal Oswal report

While the current crisis has directly/indirectly impacted most of the sectors from a demand/su…

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China's chip output shrinks as India, US ramp up local manufacturing

As India and the US double down on domestic semiconductor manufacturing, China witnessed its bigges…

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The time for PLI 2.0 is now: Budget 2023-24 needs to deliver if India is to become the factory of the world

The Production-Linked Incentive (PLI) scheme announced by the government of India in March 2020, st…

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Semiconductor manufacturing in India gets a boost with ISMC’s proposed $3 billion plant in Karnataka

India set out a $10 billion push to bring semiconductor chipset manufacturing in the country back i…

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India emerging as a top manufacturing hub, driven by supply chain diversification: JLL

India and Southeast Asia are emerging as top manufacturing hubs beyond China, driven by supply chai…

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Indian government is reportedly working on a package to push semiconductor production in India

The Indian government is reportedly working on a multi-billion-dollar capital support and productio…

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India saw production worth ₹67,275 crore under PLI for large-scale electronics, reveals Economic Survey 2021-22

According to the Survey, under the PLI scheme for IT hardware (notified on March 3, 2021) the …

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India needs chipset manufacturers — lots of them. Here is why.

A few months back, when the companies worldwide started recovering from the pandemic-hit lows, they…

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PLI scheme a 'game changer' for mobile manufacturing: ICEA

New Delhi, June 2 (IANS) Calling the production-linked incentive scheme a "game changer", industry …