Chennai-based Mindgrove Technologies is charting a path from prototype to mass production of secure IoT chips, betting on cost efficiency, regulatory compliance, and deep partnerships to win global customers
OpenAI announced plans to open a corporate office in New Delhi, India, its second-largest market for the firm, in the coming months. The company has begun hiring locally, posting job openings for experienced sales professionals, according to Bloomberg and TechCrunch
India has overtaken China as the top smartphone exporter to the US, marking a major shift in global supply chains. According to Counterpoint Research and Canalys, Apple-led shipments drove a surge in India's exports in the first half of 2025, alongside strong growth in non-smartphone electronics
Apple will open a new retail store in Bangalore on September 2, marking its third outlet in India after Mumbai and Delhi. The expansion reflects Apple's deepening push into the country's fast-growing premium smartphone market, where iPhone sales have surged sharply in 2025
Foxconn subsidiary Yuzhan Technology has recalled roughly 300 Chinese engineers from its India facility, marking the second such instance in recent months, sources told the Economic Times. The move comes amid ongoing geopolitical sensitivities and reflects Beijing's broader strategy to control technology transfers to emerging manufacturing hubs like India. Authorities in China reportedly also asked Foxconn chairman Young Liu to submit a report detailing the company's investments in India
Chinese Foreign Minister Yi Wang's recent visit to India marks a possible easing in China-India relations, with China reportedly agreeing to address India's requests for rare earths, fertilizers, and tunnel boring machines. Official announcements have yet to be made
OpenAI has introduced a new subscription tier, ChatGPT Go, tailored specifically for the Indian market and priced at INR399 per month (about US$4.6). The move aims to boost paid subscriptions by offering a more affordable option compared to existing plans
Apple is significantly expanding iPhone production in India, shifting key supply chains from China to mitigate US tariff risks. With five factories now operating, including two new facilities, India will supply the full iPhone 17 lineup, boosting regional manufacturing capacity and reshaping global smartphone production dynamics
Tata Electronics is in talks with German chemicals major Merck to secure an exclusive long-term supply agreement for high-purity materials crucial to chipmaking, people familiar with the matter told The Economic Times. The discussions, centered on Tata's upcoming semiconductor fabrication plant in Dholera, Gujarat, reflect the company's efforts to strengthen upstream supply chains as it advances India's most ambitious chip venture
Dixon Technologies formed a joint venture with China's HKC, highlighting a thaw in India-China business ties, even as US President Donald Trump's 50% tariff on Indian goods unsettles global trade. The deal underscores India's balancing act, welcoming Chinese investment to boost manufacturing while navigating shifting geopolitical and economic headwinds
Indian Prime Minister Narendra Modi used his Independence Day address on August 15, 2025, to make a sweeping case for self-reliance, presenting it as both a matter of national dignity and an economic shield in an era of growing global protectionism. Speaking as the US under President Donald Trump imposed a 50% tariff on Indian exports, Modi urged citizens and industries to accelerate the push toward "Viksit Bharat," or a developed India, by strengthening domestic capabilities across critical sectors
Despite fresh concerns over US President Donald Trump's decision to impose a punitive 50% tariff on Indian exports, global electronics manufacturers are pressing ahead with expansion in India. Industry executives say ongoing investments underscore the country's role as a critical alternative manufacturing base amid rising protectionism
The number of chipmaking projects in India that qualify for the country’s incentive policy has increased to ten, following the approval of four new initiatives. Concurrently, India and China appear to be reducing tensions against the backdrop of a recently imposed 50% tariff by the United States on Indian goods
India-based electronics manufacturer Optiemus Infracom has partnered with US-based glass maker Corning to launch India's first premium tempered glass screen protector brand, "RhinoTech." The protectors, engineered with Corning glass and manufactured in Noida, Uttar Pradesh, are expected to generate INR18–20 billion in revenue for Optiemus by the end of fiscal 2027
