Electronics
ACs, TVs, washing machines to get cheaper as govt slashes GST rates
The Goods and Services Tax (GST) Council has reduced tax rates on several consumer goods. Air conditioners and large televisions will now be taxed at a lower rate. This decision aims to boost sales during the festive season. Experts predict that prices of appliances will decrease. The move is expected to increase demand and improve affordability for consumers.
Intel CEO to visit Odisha for 3DGS ground-breaking ceremony; production likely in 2 yrs: Official
Odisha is set to become a semiconductor hub. Intel CEO Lip-Bu Tan may visit for 3D Glass Solutions' plant groundbreaking. SiCSem's ceremony is next month, with production in two years. RIR Power Electronics targets commercial production by March 2026. The state offers incentives to attract talent. Two pacts were signed for electronics manufacturing projects.
Alphabet ramps up Pixel phone production in India
Alphabet is ramping up Google Pixel smartphone production in India, including the flagship Pixel 10 Series, and plans to begin exporting devices. This move aims to diversify manufacturing amid US tariff concerns.
As tensions wind down, Sino-Indian tieups put buzziness back in business
Following the recent meeting between Modi and Xi, Indian and Chinese companies are actively pursuing joint ventures in sectors like electronics and automobiles. Haier's stake sale in its Indian subsidiary is gaining momentum, while Dixon Technologies anticipates approvals for joint ventures. The auto sector expects eased import restrictions, fostering a positive sentiment among Chinese companies towards India.
India missed the chip bus. Now it's playing catch up
India has started manufacturing semiconductor chips. Prime Minister Narendra Modi received the first made-in-India chip. This marks a significant step after years of missed opportunities. The government is investing heavily to boost domestic chip production. The goal is to reduce reliance on foreign suppliers. India aims to become a key player in the global semiconductor market.
Govt aid for semiconductor projects to continue, design-linked sops to expand: IT Secretary
The Indian government is considering extending incentives for critical semiconductor projects, potentially covering up to 70% of project costs through central and state support. Electronics and IT Secretary S Krishnan announced plans to broaden the Design Linked Incentive (DLI) scheme to include larger domestic companies and increase grant amounts.
Dutch tech giant ASML eyes India partnership as PM Modi pushes for local chipmaking
ASML is exploring opportunities in India as Prime Minister Modi aims to boost domestic chip production. The company plans to expand partnerships with Indian firms, offering advanced lithography solutions. This move aligns with India's ambition to establish a local semiconductor ecosystem, even as ASML faces global trade tensions and export restrictions in key markets like China.
Two chips from Assam displayed at Semicon India, says Himanta Biswa Sarma
Assam is contributing to India's semiconductor journey with two chips displayed at Semicon India 2025, including the Tata OSAT Chip and a chip from NIT Silchar. The state is also developing a semiconductor assembly and test facility in Morigaon, expected to be operational by 2025. This ₹27,000 crore project is anticipated to create 27,000 jobs.
PM Modi’s fab plan to change the world and boost India’s Atmanirbharta
India is aggressively pursuing its ambition to become a semiconductor hub, driven by the vision of Atmanirbhar Bharat. The nation is making strides in chip design, manufacturing, and ecosystem development, supported by government initiatives and investments.
Semicon India 2025: PM Modi hails India’s fab power as key to the world’s biggest change
Prime Minister Narendra Modi inaugurated Semicon India 2025, emphasizing India's commitment to semiconductor self-reliance and global leadership. He highlighted the world's trust in India's potential to shape the semiconductor future, envisioning a comprehensive ecosystem beyond manufacturing. India's semiconductor market is projected to reach $100-110 billion by 2030, driven by national strategies to boost domestic chip production.
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Semicon India 2025: Ashwini Vaishnaw presents first made-in-India Vikram 32-bit processor to PM Modi
India unveiled its first indigenous 32-bit microprocessor, Vikram, at Semicon India 2025, marking a significant stride in semiconductor manufacturing. Developed by ISRO, the chip is designed for space launch vehicles, reducing reliance on imports. With five semiconductor units under construction, India aims to become a hub for chip manufacturing and design, driven by stable policies and economic growth.
Around 20% of world's chip design engineers based in India, key to global semiconductor ecosystem: Report
India has emerged as a crucial hub in the global semiconductor design ecosystem, hosting approximately 20% of the world's chip design engineers. While U.S. engineers define chip architecture and strategy, Indian teams excel in implementation, testing, and optimization. Government initiatives like the Semicon India Programme further aim to strengthen India's role in the semiconductor value chain.
Union Minister Piyush Goyal meets Lam Research CEO to discuss India's semiconductor growth
Union Minister Piyush Goyal met with Lam Research's CEO to discuss the company's India growth plans, focusing on building a next-gen semiconductor ecosystem. This follows Lam Research's significant investment of over Rs 10,000 crore in India, a move hailed as a major vote of confidence in the country's semiconductor vision.
Festive smartphone sales may remain flat despite GST cut, strong monsoon: Samsung India
Samsung India anticipates flat smartphone sales volume this festive season compared to last year, despite increased consumption in smaller towns due to GST cuts and good monsoons. While urban consumers are holding onto devices longer, rural areas are expected to upgrade, driving revenue growth through premium smartphone purchases.
India's semiconductor consumption to rise multifold to $100-120 billion by 2030: L&T Semiconductor Technologies' CEO
India's semiconductor consumption is projected to surge to over USD 120 billion by 2030, driven by increasing demand. To foster domestic production, the ICEA launched a Semiconductor Product Design Leadership Forum, aiming to establish India as a global hub for semiconductor design and innovation.
TPG invests $150 million in Hero Electronix-owned Tessolve
Tessolve, a Hero Electronix venture, receives $150 million from TPG Growth. TPG Growth acquires a significant minority stake in Tessolve. The funding will strengthen global delivery centers and expand advanced test labs. Tessolve aims to consolidate its position in the semiconductor ecosystem. Hero Electronix entered the semiconductor space in 2016. Tessolve works with top semiconductor firms globally.
