SEMICONDUCTOR INDUSTRY IN INDIA
Govt to fast-track next round of India Semiconductor Mission
The Indian government is set to roll out India Semiconductor Mission (ISM 2.0), expanding support across the semiconductor value chain, with a cabinet note expected by October-end. Industry seeks $20 billion outlay. New incentives will support fabs, packaging, design, MSMEs and supply chains, following feedback at Semicon 2025 and near-exhaustion of ISM 1.0 funds.
MosChip Tech shares jump 8%, extend winning streak to 7 days. What’s driving the rally?
MosChip Technologies shares hit their 52-week high on Monday, riding on the back of trading volumes and government focus on boosting India’s semiconductor sector. The upcoming ISM 2.0 have fuelled investor optimism around the stock.
FDs fuel plastic dreams; PhysicsWallah revises DRHP
Happy Monday! Banks and fintechs launch low-limit secured credit cards to grow users. This and more in today's ETtech Morning Dispatch.
Indian semicon consortium bags deal for 5 lakh indigenous cameras
A nine-member Indian consortium led by Kaynes Semicon will supply over 500,000 fully indigenous dash and surveillance cameras by March 2026. With partners like NXP and CDAC, the project aims to localise over 50% of vision hardware by 2026, rising to 90% by 2030, reducing import dependence.
India's first telecom system with indigenous chips gets TEC certification: IT Minister Ashwini Vaishnaw
India's semiconductor ambitions receive a boost as a telecom system powered by domestically manufactured chips secures TEC certification, signaling a significant stride towards technological self-reliance. This achievement underscores India's growing capabilities in semiconductor design and positions it as a credible player in the global telecom and electronics landscape.
L&T Semicon acquires power module design assets of Japan's Fujitsu General Electronics
As part of the deal, L&T Semiconductor Technologies (LTSCT) has acquired R&D equipment, design patents and various intellectual properties related to power module technologies of Fujitsu General Electronics (FGEL).
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Global MNCs are looking for JVs in India's semiconductor sector: Yes Securities
Multinational companies from around the world are showing growing interest in partnering with local firms through joint ventures to begin operations in India's semiconductor industry, a report by Yes Bank's subsidiary Yes Securities observed after visiting Semicon India 2025.
MosChip Technologies shares skyrocket 42% in 1 week. Here’s why the stock hit record high today
Moschip Technologies hit a 52-week high after a 42% weekly surge, driven by record trading volumes and optimism around India’s semiconductor push. With no institutional holdings, retail investors dominate ownership. Strong technical indicators show bullish momentum, though RSI suggests overbought levels. Government ISM 2.0 plans add further tailwinds.
Linde in advanced talks to set up Dholera plant
Linde, a German industrial gases supplier, is in advanced stages of establishing a new plant in Dholera, India, to cater to the burgeoning semiconductor ecosystem. The company plans to partner with major electronics clients in the region. Linde aims to leverage its existing presence in Gujarat and global supply chain to effectively serve the upcoming fabs.
Union minister Ashwini Vaishnaw launches India's first lithium-ion battery plant in Haryana
TDK Corporation's unit will manufacture 20 crore battery packs that will be used in mobile phones, wearables, hearables, and laptops. The factory, which has been set up under the Centre's Electronics Manufacturing Cluster (EMC) scheme and an investment of around Rs 3,000 crore, will create 5,000 jobs.
NITI Aayog calls for a national programme to develop 2D Materials
In its fourth edition of the Future Front Quarterly Insights series, titled “Introduction to 2D Materials”, developed in collaboration with the Indian Institute of Science (IISc), Bengaluru, the Aayog calls for building a resilient innovation ecosystem, self-reliance in critical material access, and strategic international partnerships for India to leap-frog in technological advancements.
Moschip Technologies shares skyrocket 19% amid India's semiconductor push
Moschip Technologies' shares saw a significant rise. This followed Prime Minister Narendra Modi's push for India's semiconductor industry. He highlighted India's potential in the global market at the Semicon India 2025 Summit. The government is working on the second phase of the India Semiconductor Mission. This aims to accelerate growth with new reforms. Investments have already reached Rs 1.
SEMICON India 2025: The future of chips is being shaped in India, says Ashwini Vaishnaw; shares 13 key announcements
Semicon India 2025 witnessed significant strides in India's semiconductor journey, marked by collaborations and product launches. The India Deep-Tech Investment Alliance committed $1 billion to deep tech companies, while Tata Electronics partnered with Merck and C-DAC to bolster manufacturing and design.
Import duty waivers can power India's semiconductor mission: Polymatech's CEO
Polymatech Electronics CEO Eswara Rao Nandam advocates for income tax holidays and import duty waivers on semiconductor equipment to boost India's manufacturing capabilities. He also highlighted the need for uninterrupted power supply and readily available gases. The government's Semiconductor Mission 2.0 and PLI scheme signal significant progress in India's semiconductor journey.
India most promising destination for semiconductor manufacturing, PM tells CEOs
Prime Minister Narendra Modi pitched India as the most promising destination for semiconductor designing and manufacturing on Wednesday . The Ministry of Electronics and Information Technology is currently framing the contours of ISM 2.0. The first version of the ISM was launched in 2020 and has so far secured investments worth Rs 1.5 lakh crore across 10 semiconductor projects, which are currently in various stages of completion.
3rdiTech, Kaynes Semicon and SPARSHIQ sign MoU along with other consortium partners
3rdiTech, Kaynes Semicon, and SPARSHIQ, along with consortium partners, have signed an MoU to boost India's semiconductor and vision-system capabilities. This collaboration aims to reduce import dependence, build confidence among Indian OEMs, and establish India as a hub for high-performance electronics.
US tariffs on critical tools will drive up semiconductor costs: ASML CEO
ASML CEO Christophe Fouquet cautioned that US tariffs on essential semiconductor manufacturing tools would inflate chip production costs. He emphasized the industry's reliance on ASML systems, even for US expansion, and highlighted the benefits of open collaboration in the semiconductor sector.
Merck eyes Indian suppliers to tap growing chip market
Merck is assessing Indian suppliers to support the growing semiconductor industry, emphasizing the need for quality, safety, and innovation. They've partnered with Tata Electronics to develop semiconductor capabilities, with Merck potentially becoming a key supplier for Tata's Dholera fab. Merck prioritizes establishing fabrication facilities in India to ensure material consumption and supply.
Chips just got considerably higher
India is making strides in the semiconductor industry. The nation unveiled its first indigenous 32-bit processor, Vikram. The semiconductor market is expected to grow substantially by 2030. This growth positions India as a key player in the global market. The government has sanctioned numerous semiconductor projects. These projects aim to create jobs and reduce import dependency.
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.
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.
Tata Electronics, Merck sign MoU to boost semiconductor materials and infra in India
The companies have come to an understanding whereby Merck will offer its full suite of products and services, including high-purity electronic materials, advanced gas and chemical delivery systems, turnkey fab infrastructure services, and its Material Intelligence solutions powered by AI, for Tata Electronics' upcoming Fab in Dholera, Gujarat.
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.
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.
Trump’s Tariff regime too fluid to assess immediate impact; Infineon bullish on India
After CDIL, Infineon partners with second Indian firm Kaynes Semicon for earbuds. CS Chua, president and MD of German chipmaker Infineon Technologies Asia Pacific told ET in an interview that India’s vast engineering talent pool and competitive wages make it a global hub for semiconductor research.
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.
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.
Chip mission 2.0 to prioritise silicon carbide wafer making
The push for SiC wafers comes as they operate at higher voltages, temperatures and frequencies, officials said. In semiconductor manufacturing, a wafer is a thin, circular slice of a crystalline semiconductor material, most commonly silicon, upon which integrated circuits are fabricated.
Global players eye India's tech gaps as strategic opportunity to back country's chip manufacturing ambitions
Global players are eyeing India's semiconductor ecosystem, recognizing opportunities to support its chip manufacturing ambitions. Companies are increasing operations, localizing equipment manufacturing, and investing in R&D and workforce training. Semicon India 2025 will showcase this collaboration, with Delta Electronics among those leveraging their expertise to contribute to India's growing semiconductor industry.
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