As India and Indonesia become Asia Pacific focus markets for Acer, the company will increase local manufacturing in the two regions, according to Acer's president of Pan-Asia Pacific operations Andrew Hou. For the Indian market, Acer plans to outsource the production of large smart displays and servers, while Indonesia will see a doubling of assembly capacity.
VinFast, which revealed its intent to set up a manufacturing facility in southern India, is reportedly looking to replicate Tesla's strategy to sell vehicles before making them in India.
In a recent development that raised eyebrows in the global tech community, Chinese smartphone maker Vivo is embroiled in legal troubles in India. The Indian authorities escalated actions against the company, culminating in the arrest of three top executives from Vivo. This marked a significant point in the ongoing tensions between Indian regulators and Chinese technology firms.
Guajrat and Tamil Nadu, the two front-runners of the development of India's semiconductor ecosystem, held respective events, and won investments from semiconductors.
As India's handset exports rise, government officials with an understanding that high taxes negatively impact the development of the handset ecosystem, are reportedly considering lowering import taxes in the next budget.
South Korean PCB manufacturer announced its intention to set up a facility in Gujarat as Micron's memory ATMP facility continues to draw semiconductor suppliers to India.
A leading Indian fabless startup, which recently progressed its first chip to the prototype production stage at the foundry, plans to distinguish itself by targeting the mid-range market segment.
Tata Group confirmed its intention to build a semiconductor fabrication unit in the western state of Gujarat, as the company is scouring locations for its semiconductor foray amid India's ambition to build a local semiconductor ecosystem.
India's largest carmaker, Maruti Suzuki, committed to setting up a second plant in Gujarat and expanding its EV production line in the state, as Indian states are competing to woo investments from global manufacturers.
Mahindra and Mahindra (M&M), expanded its collaboration with Mobileye, introducing the latter's advanced driver assistance technology into its upcoming vehicle platforms.
Vietnam's VinFast is set to establish its first production facility, including an electric vehicle (EV) and battery manufacturing plant, in Thoothukudi district, Tamil Nadu, India, Reuters and TechCrunch reported.
India's southern state of Tamil Nadu unveiled a policy to promote chipmaking and IC design industries to develop the region as India's electronics and semiconductor powerhouse, as the state is competing with Gujarat to build India's first semiconductor ecosystem.
