Budget 2026 Sets Ground For India’s Tech & AI Jumps
The Finance Minister launched the India Semiconductor Mission 2.0. This mission aims to strengthen local capabilities in the semiconductor, chemicals, and gases market, which is projected to reach about $400 billion by 2030, according to the India Electronics and Semiconductor Association (IESA) and SEMI India. Lately, capital expenditure and investment in specialised equipment are shifting…
India set to Become a Chip Powerhouse, Reducing Imports
India aims to enter the Global chip business, but the competition is intense, and its entry is somewhat delayed, as compared to other countries. In 2022, the US restrained the export of its state-of-the-art AI chips to China to prevent Beijing’s access to advanced chips, marking the beginning of the actual semiconductor race. For India,…
PM launched the First 32-Bit Semiconductor Chip Vikram
On Tuesday, 3rd September 2025, Prime Minister Modi and Union Minister Ashwini Vaishnaw launched the first made-in-India semiconductor Vikram 32-bit processor during the inauguration of SEMICON 2025 at Yashobhoomi in Delhi. The India Space Research Organisation developed the Vikram 32-bit processor chip in a semiconductor laboratory based in Mohali, Punjab. On Tuesday, Narendra Modi presented…
Foxconn & STMicro To Tie Up For Semiconductor Plant
Foxconn Technology Group, a Taiwanese multinational electronics contract manufacturer, has recently planned to tie up with STMicroelectronics NV, which is a Franco-Italian semiconductor manufacturer. Basically, this partnership is planned to develop a semiconductor plant in India. The two companies are keen to expand their business presence in the South Asian country and hope to receive…
Foxconn Seeking Investment Opportunities in India
The Taiwanese electronics manufacturing firm, Foxconn hopes to invest billions of dollars in India in the near future because it sees an opportunity for growth in the Indian economy. According to Foxconn Chairman and CEO Young Liu, the company’s annual turnover in the Indian market has surpassed USD 10 billion, which leads to enormous investment…
Vedanta & Foxconn To Build India’s First Chip Plant
India’s diversified mining company Vedanta Ltd. and Taiwan’s Foxconn signed a deal to set up a $20 billion semiconductor project in Gujarat. The project is intended to produce chips and displays near Ahmedabad. Bhupendrabhai Patel, the Chief Minister of Gujarat, said that the establishment of this manufacturing unit would create more than 100,000 jobs, and…
Pelosi’s Visit To Taiwan: How It Put TSMC In Spotlight?
U.S. House Speaker Nancy Pelosi recently visited Taiwan. She may have left Taiwan but has cast a spotlight on the island’s critical role in the global chip supply chain and on the world’s biggest chipmaker TSMC (Taiwan Semiconductor Manufacturing Company). Pelosi’s visit is being called controversial because it angered Beijing to see Pelosi meet with…
US and EU To Announce Joint Efforts For Semiconductor Supply
The United States and the European Union, on Monday, plan to announce a joint effort to identify semiconductor supply disruptions and counter Russian disinformation, officials said. The U.S officials are visiting the French scientific hub of Saclay for a Trade and Technology Council meeting, created last when China increasingly exerted its technology clout. U.S Commerce…