Semiconductors | DD News

February 2, 2026 9:22 AM

Budget to make India a global hub for innovation, advanced manufacturing: SBI Chairman

The Budget for 2026-27 is a significant step toward making India a global hub for innovation and advanced manufacturing with global competitiveness as the lynchpin, says Challa Sreenivasulu Setty, Chairman, State Bank of India. The Budget maintains policy continuity, tax predictability while attempting a fine balance between rural and urban, legacy and sunrise sectors. "This year’s Budget has both predictable and futuristic elements. The predictable part is the basic structure which remains ...

January 19, 2026 3:28 PM

India Expands Indigenous Chip Design Capabilities via C2S

India is actively strengthening its position in the global semiconductor landscape by investing heavily in chip design capabilities. The Chips to Start-up (C2S) Programme, launched by the Ministry of Electronics and Information Technology (MeitY) in 2022, is a central part of this effort. With the global semiconductor market projected to approach USD 1 trillion by 2030 and a worldwide shortage of over 1 million skilled professionals expected by 2032, India is seizing the opportunity to build ind...

November 18, 2025 1:26 PM

Govt approves 17 projects worth ₹7,172 crore under Electronics Component Manufacturing Scheme

The Ministry of Electronics and Information Technology on Monday cleared 17 additional proposals under the Electronics Components Manufacturing Scheme (ECMS). With a total investment of ₹7,172 crore, the projects are expected to generate production worth ₹65,111 crore and create 11,808 direct jobs across the country, according to the ministry. This latest round of approvals follows an earlier tranche of seven projects worth ₹5,532 crore. The new projects are spread across Goa, Gujarat, Ja...

August 29, 2025 10:59 PM

India-Japan cooperation expands to semiconductors, clean energy and ICT

India and Japan have taken major strides in strengthening their Special Strategic and Global Partnership with a renewed emphasis on economic security, covering critical sectors from semiconductors and clean energy to critical minerals, information technology and pharmaceuticals. During Prime Minister Narendra Modi’s ongoing visit to Tokyo, both countries reiterated that their partnership, rooted in shared values and mutual respect, is central to advancing regional and global prosperity. The t...

May 23, 2025 3:58 PM

Northeast emerging as strategic hub for energy and semiconductors: PM Modi

Prime Minister Narendra Modi, addressing the inaugural session of the Rising North East Summit at Bharat Mandapam in New Delhi, said the Northeast is fast emerging as a key destination for two strategic sectors—energy and semiconductors. He highlighted the government's major thrust on infrastructure and green energy in the region, noting that significant investments have already been approved for hydropower and solar projects across all eight Northeastern states. "Several thousand crore w...

A machine produces semiconductors on the production line of a semiconductor manufacturing enterprise in Binzhou, China, on January 20, 2025. Photo by Costfoto/NurPhoto via Getty Images/Files

April 15, 2025 11:57 AM

US steps up probes into pharmaceutical, chip imports, setting stage for tariffs

The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on grounds that extensive reliance on foreign production of medicine and chips is a national security threat, Federal Register filings on Monday showed. The filings announce 21-day public comment periods and mark President Donald Trump's latest use of Section 232 of the Trade Expansion Act of 1962 as justification for so-called sectoral tariffs...

January 21, 2025 1:57 PM

Semicon India scheme to create 85,000 jobs: Centre

In the run-up to the Union Budget 2025-26 to be presented on February 1, the Union Finance Ministry on Tuesday highlighted the achievements of the government’s policies in pushing up investments and employment through the semiconductor programme and the PLI scheme for electronic goods manufacturing. The ministry stated, “The Scheme for ‘Programme for development of Semiconductors and Display Manufacturing Ecosystem’ aims to provide attractive incentive support to semiconductor packaging...

December 23, 2024 4:23 PM

Biden launches new US trade probe into legacy Chinese chips

The Biden administration on Monday announced a last-minute trade investigation into Chinese-made "legacy" semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear. The "Section 301" probe, launched just four weeks before President-elect Donald Trump takes office on Jan. 20, will be handed over to his administration in January for completion, Biden administration officials said. The effort could offer Trump a ...

December 4, 2024 1:38 PM

India’s growing role in global trade

India’s exports have seen significant growth across various sectors, driven by technological advancements and competitive manufacturing. The nation has expanded its reach in areas such as petroleum oils, agrochemicals, semiconductors, and precious stones, solidifying its position in global trade. In 2023, India became the second-largest global exporter of petroleum oils, with exports increasing from $60.84 billion in 2014 to $84.96 billion. The country now holds a 12.59% share of the global m...

September 16, 2024 3:31 PM

Cabinet approves one more semiconductor unit in Gujarat, India’s fifth

In a bid to develop a vibrant semiconductor ecosystem, the Union Cabinet chaired by Prime Minister Narendra Modi has approved a proposal by Kaynes Semicon Pvt Ltd to set up a new semiconductor unit in Sanand, Gujarat. The proposed unit will be established with an investment of Rs 3,300 crore and will have a capacity of 60 lakh chips per day. The chips produced will cater to a wide range of applications, including industrial, automotive, electric vehicles, consumer electronics, telecom, and mobi...