As India is emerging as an electronics manufacturing hub to challenge other manufacturing powerhouses like China and Vietnam, local EMS provider Dixon Technologies is optimistic about India's production share in global electronics manufacturing to reach nearly 20% in the coming two decades.
China-based tech giants are intensifying their efforts to enhance and utilize their Large Language Models (LLMs) as services and algorithm filings in China surged over the past year. China's dependence on the United States for chips and AI models threatens its aspirations of developing widespread AI services.
Amid global production relocation, India remains disadvantageous due to a lack of stable power. To attract global manufacturers, India lowered import duties on EVs.Stable power supply is a key issue for manufacturing relocation to India
India saw a sharp decline in PC and tablet shipments in 2023, with iPad shipments plummeting. The Indian market is expected to recover to double-digit growth in 2024, and locally-produced PCs and tablets are likely to increase.
Although India approved three chip projects under its flagship incentive policy, the Indian government reportedly has some reservations about the packaging and testing facility project proposed by HCL and Foxconn.
Geopolitical tensions have led to the rise of Vietnam as a manufacturing hub, yet production there has often been hampered by power grid instabilities and labor shortages.
Cadence, one of the global EDA giants, expressed optimism for India-based IC design houses to differentiate themselves from global fabless semiconductor firms by designing chips for local electric two-wheelers (E2Ws).
India lowered the basic customs duty on imported EVs, paving the way for premium EV sellers like Tesla to enter the Indian market. Experts believe India's limited openness to foreign EV giants is aimed at protecting local companies, while competition in India's EV market is expected to intensify.
In early March, India introduced permit and traceability requirements for AI platforms based on the IT rules implemented in 2023. In less than two weeks, India removed the permit requirements but still mandates large AI platform operators to meet other rules, such as labeling.
A Foxconn subsidiary is reportedly discussing investing in India, as an increasing number of smartphone suppliers are clustering in southern parts of the country.
Robotic arms have been a part of various industries for quite some time now. However, most of them still cannot work independently, having to be spoon-fed each process separately. CynLr, a startup based in Bangalore, India aims to bridge this gap by developing layers of perception that extend from 'eye' to 'fingers'.