Semiconductors

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...

September 16, 2024 6:17 PM

Zoho plans $700 mln foray into chipmaking

Indian software firm Zoho is planning a foray into chipmaking and seeking incentives from the federal government, two sources with direct knowledge of the proposal said, with one of them pegging the investment plan at $700 million. Zoho, established in 1996 and now headquartered in India's Tamil Nadu, offers software and related services on subscription to businesses in 150 countries, competing with the likes of Microsoft and Salesforce. It is the latest company to seek financial sweeteners fr...