The US and India enhanced their technological cooperation under the iCET initiative to reduce their reliance on China. India is still dependent on imported electronic components from China despite its ambitious target of building a local ecosystem.
Semiconductor equipment suppliers are eyeing opportunities in India. India's local EMS providers are benefitting from a global supply chain relocation.
India is facing a talent shortage amid a growing semiconductor ecosystem. India's trading partners are concerned about India's import management system, which may be replaced by a stricter quota-based system in October.
Google plans to partner with Foxconn and Dixon Technologies to make Pixel smartphones in India. India's local companies continue to foray into the chipmaking business.
Lam Research is expanding its investments to help India grow a chipmaking ecosystem. India-based Mindgroove Technologies introduced a RISC-V SoC to meet local demands.
Sharp, which is talking with Indian central and state governments, may become the first foreign firm to set up a display fab in India. Tata is progressing on its way to being a national electronics champion in India.
Global semiconductor firms, including Arm, expressed optimism about India. DIGITIMES Research observed that industrial PC vendors are diversifying into Southeast and South Asia.
Elon Musk is scheduled to visit India and meet with Indian Prime Minister Narendra Modi. Global IC design houses speeded up investments in India by setting up global capability centers.
Amid global production relocation, India remains disadvantageous due to a lack of stable power. To attract global manufacturers, India lowered import duties on EVs.Stable power supply is a key issue for manufacturing relocation to India
Three semiconductor projects, including one wafer fab and two ATMP/OSAT facilities, were inaugurated, marking a milestone for India on its way to building a semiconductor ecosystem
