India roundup: end the AI hype and get deploying, says NASSCOM

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

End the AI hype and get deploying, says India's NASSCOM President

In an interview with DIGITIMES Asia, NASSCOM President Debjani Ghosh said she was hopeful that people have left the hype of AI in 2023 and get much more serious about the deployment of AI.

Local EMS giant sees Indian share in global EMS at 20% by 2040

According to the Economic Times, Saurabh Gupta, CFO of Dixon Technologies, one of India's EMS giants, foresaw India's share in the global electronics manufacturing production from 2% currently to higher single digits by 2030, which may go to almost 20-odd percent by 2040, reaching US$370-380 billion in production value.

Semiconductors and EVs expected to propel Capex rise in India

According to Morgan Stanley, India's investment-to-GDP ratio is expected to rise from 32.2% in fiscal 2023 (April 2022 to March 2023) to 36.2% in fiscal 2027. The uptick in investment will come from the public and private sectors. The expected rise in capital expenditures in the private sector can be partly attributed to announced projects in the semiconductor and EV sectors.

Stable power presents major challenge for India to build a local chipmaking ecosystem

According to Nikkei Asia, Shotaro Kumagai, an analyst at the Japan Research Institute, voiced uncertainty about the prospects of semiconductor production in India. He noted that even regions with relatively better infrastructure, such as Gujarat, are not immune to challenges. Temporary power outages continue to plague these areas, posing obstacles to uninterrupted production processes.

Nvidia partners with telecom giant Tata, eyes trillion-dollar impact with India's AI infrastructure

In the wake of the unveiling of India's US$1.25 billion AI mission, Nvidia has partnered up with Indian telecoms and enterprises for the installments and production of GPU-based servers.