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India roundup
Weekly updates of important developments in India
IN THE NEWS
Monday 31 July 2023
India roundup: Xiaomi to claw back market in India by streamlining product portfolio
After Xiaomi lost its top position in India's smartphone market, the company launched a series of initiatives to fight back. Foxconn Group is scouting land for expanding manufacturing...
Monday 24 July 2023
India roundup: Foxconn prepares production expansion in India as it becomes Apple's fifth-largest market
Following the US and Japan signed an MoU with India for semiconductor cooperation. India may take equity in IC design houses to nurture national champions as the country is eager...
Monday 17 July 2023
India roundup: Foxconn and Vedanta go separate ways for chip investments in India
After Vedanta acquired a 100% stake in its semiconductor and display manufacturing business, Foxconn said it parted away with Vedanta for their joint venture, Vedanta-Foxconn Semiconductors...
Monday 10 July 2023
India roundup: HPE to make servers in India
As India's semiconductor ecosystem is growing, Microchip announced fresh investments in India to expand its operations. HPE will partner with India-based VVDN to make high-end servers...
Monday 3 July 2023
India roundup: Xiaomi reportedly undergoing restructuring and layoff in India
Amid India's government scrutiny, Xiaomi was reportedly reducing its headcounts in India and shifted most of its decisions to its parent company in China. Vedanta continued its foray...
Monday 26 June 2023
India roundup: Micron to build ATMP facility in India by 2024-end as US-India strengthen bilateral semiconductor ties
US-based tech giants announced a flurry of investments, especially in the semiconductors that will boost India's semiconductor ecosystem as the US is looking to help India develop...
Monday 19 June 2023
India roundup: India reportedly requires Chinese smartphone manufacturers to Indianize
As India leaps frog in mobile phone manufacturing, Chinese smartphone manufacturers, already under regulatory scrutiny, were reportedly asked by India to be more Indian. Meanwhile,...
Monday 12 June 2023
India roundup: India's internet economy to reach US$1 trillion by 2030
A report by Google, Bain & Co, and Temasek forecasts India's internet economy to reach US$1 trillion by 2030. India may offer more incentives to encourage local production of...
Monday 5 June 2023
India roundup: Foxconn to make iPhones in Karnataka by April 2024
The government of Karnataka said that Foxconn will beginning making iPhones in the state in 2024. Xiaomi will expand local sourcing for its smartphones and wearable devices to regain...
Monday 29 May 2023
India roundup: Tata reported to set up another facility for EMS business
Tata is reportedly looking to expand its electronics manufacturing investments. Tesla is interested in making EVs in India but has not made any firm commitment.
Monday 22 May 2023
India roundup: Tesla reportedly stops short of committing to India plant

Tesla reportedly refrains from making a firm commitment to establish a manufacturing facility in India

Friday 12 May 2023
India roundup: Foxconn expands Indian investments by capital injection and land acquisition
Global manufacturers such as Foxconn, Cisco, and Hyundai are expanding their manufacturing capabilities in India. India's local opto-semiconductor maker introduced sapphire substrates...
Monday 8 May 2023
India roundup: India enters world's top ten in annual industrial robot installations
India has seen its number of industrial robots installed rise by over 50% during Indian PM Narendra Modi's "Make in India" campaign, while Apple is relatively resilient in India's...
Tuesday 2 May 2023
India roundup: Taiwan-based Wistron reportedly to withdraw from India
As Apple suppliers expand investments in India, Wistron is reportedly winding down its operations there. Micron is also reportedly applying for India's semiconductor fab incentive...
Monday 24 April 2023
India roundup: Apple embarks on strategic diversification into India
Apple CEO inaugurated retail stores in India, eyeing India's huge and rapidly-increasing market. Foxconn acquired land in Telangana to expand its Indian investments.