September 18, 2026 10:14 AM

India positioned to lead global semiconductor drive from the front: Intel

India has positioned itself not merely to participate in the semiconductor sector but also to lead the global expansion from the front, driven by a surge in agentic artificial intelligence and a strong domestic design base, a senior Intel executive said on Thursday. Speaking at the SEMICON India 2026, Srinivasan Iyengar, Senior Vice President and General Manager of the Central Engineering Group at Intel, said the country is advancing on a journey from "good to great", propelled by a vast talent...

September 17, 2026 1:24 PM

Micron to scale up assembly and testing of semiconductors at India unit multifold next year

India's semiconductor policy push has given the industry a strong foundation it didn't have, and the nation has moved from vision to execution now, Micron CEO Sanjay Mehrotra said on Thursday, as he announced the company's plan to scale up chip assembly and testing facility here by multifold next year. "For decades, people have talked about India's semiconductor potential. I have been in many of those conversations. Potential does not ship products. What I see in India today is execution," Mehr...

September 7, 2026 6:58 PM

India backs deeper global cooperation in AI, semiconductors and emerging technologies at G20 meeting

India has called for deeper international cooperation in artificial intelligence, semiconductors, digital technologies and innovation as Union Minister of State for Electronics and Information Technology and Commerce and Industry Jitin Prasada led the Indian delegation at the G20 Innovation Ministers’ Meeting in Chapel Hill, North Carolina, on September 1-2. The meeting, hosted by the US Department of Commerce and the White House Office of Science and Technology Policy, concluded with G20 min...

August 31, 2026 6:20 PM

CM Patel invites domestic, global investors to invest in Gujarat

Gujarat Chief Minister Bhupendra Patel on Monday invited entrepreneurs, business leaders, and domestic and global investors to invest in Gujarat, saying it offers significant opportunities in areas such as manufacturing, new technologies, and green energy. Addressing the curtain-raiser for the 11th Vibrant Gujarat summit, he said the state provides a stable policy environment, talented youth, effective governance, scale and transparency. The three-day summit will begin on January 10, 2027. The...

July 16, 2026 2:02 PM

Semicon 2.0: Expanding India’s semiconductor ecosystem

The Union Cabinet on Wednesday approved Semicon India Programme 2.0 with a budgetary outlay of ₹1,27,500 crore, marking the next phase of India's ambition to emerge as a globally competitive semiconductor manufacturing and design hub. Building on the momentum created under the ₹76,000-crore Semicon India Programme launched in 2021, the new initiative aims to develop a comprehensive semiconductor ecosystem spanning chip design, fabrication, advanced packaging, equipment, materials, research a...

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...