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Mahindra, NXP signs MoU to Drive Next-Generation Smart Electric Mobility
M&M and NXP will jointly explore the electric and connected vehicle landscape, covering a wide range of vehicles including utility vehicles, light commercial vehicles, farm equipment, and tractors.Read more
Samsung Semiconductor India Research inaugurates Labs and Science Centers in rural Karnataka
Global R&D center for Samsung Semiconductors, inaugurated ‘three Mobile Science Labs, two Science Centers and two Mini-Innovation Hubs’ in association with Agastya International Foundation, a non-profit organisation based in Bengaluru.Read more
Vedanta appoints 34-yr industry veteran for semiconductor business in India
Mike Young is appointed as Senior Vice President, Project Management Office and Manufacturing Operations for Vedanta-Foxconn Semiconductors Limited. Mike is the former CEO of SSMC and X-Fab Sarawak.Read more
Govt modifies PLI scheme for semiconductors manufacturing in India
Post changes, the scheme to offer 50% incentives for semiconductor fabs across the technology nodes as well as for compound semiconductors, packaging and other semiconductor facilities.Read more
Vedanta-Foxconn JV to set up Rs 1.5 trn semiconductor plant in Gujarat
The proposed semiconductor manufacturing fab unit will operate on the 28nm technology nodes and the display manufacturing unit will produce Generation 8 displays catering to small, medium and large applications.Read more
Vedanta and Foxconn ink pact for manufacturing semiconductors in India
Vedanta Group and Hon Hai Technology Group, world’s largest electronics manufacturing company, has signed an MoU to form a joint venture company that will manufacture semiconductors in India.Read more
New govt incentives to boost semiconductor manufacturing
The proposed incentives are worth Rs 760 billion over the next six years and provides 25% incentives on capital expenditure for establishing unit of Compound Semiconductor Wafer Fabrication (FAB), assembly, testing, and packaging facility in the country.Read more
IEEMA welcomes PLI scheme for semiconductors, big boost for electronics industry
This is a huge positive step for the Indian electrical & electronics industry and will enable global competitiveness of Indian industry to ramp-up exports of finished products, said Vipul Ray, President, Indian Electrical & Electronics Manufacturer’s Association (IEEMA)Read more
Indian Govt to offer Rs 760 bn incentives for semiconductor industry
In total, Government of India has committed support of Rs 2.30 trillion ($ 30 billion) to position India as global hub for electronics manufacturing with semiconductors as the foundational building block.Read more
CEAMA: Chip shortage delays launch of new consumer electronic products
The domestic appliances and consumer electronics industry, is facing shortages in components such as semiconductors and chips, said industry body CEAMA.Read more