India's backend semiconductor makers see temporary relief from material constraints linked to legacy packaging, as KLA opens a US$36 million R&D hub in Chennai to boost AI, software, and process control capabilities.
India's OSATs are comfortable with materials today, but that may not last
India's backend semiconductor manufacturers are benefiting from a narrow window of materials comfort that is closely tied to the use of legacy packaging technologies.
KLA opens R&D and Innovation Hub in Chennai to boost India semiconductor ecosystem
US-based semiconductor process control and process-enabling technology leader KLA Corporation has inaugurated a new INR3 billion (approx. US$36 million) R&D and Innovation Hub in Chennai, marking a major expansion of its operations in India. The 311,000-square-foot facility is designed to accommodate up to 1,300 employees and will strengthen KLA's software engineering, artificial intelligence (AI), and process control capabilities.
India clears 22 electronics manufacturing proposals under ECMS, with Foxconn and Samsung among beneficiaries
India's Ministry of Electronics and Information Technology (MeitY) has approved an additional 22 proposals under the Electronics Components Manufacturing Scheme (ECMS), marking a significant expansion of the country's push to expand electronics manufacturing. The newly cleared projects involve a projected investment of INR418/63 billion and an estimated production of INR2,581.52 billion, and are expected to generate 33,791 direct jobs.
Tata Power to launch India's largest solar ingot and wafer facility
Tata Power Renewable Energy, a subsidiary of Tata Power, plans to establish a greenfield 10GW ingot and wafer manufacturing facility in Nellore district, Andhra Pradesh, with an investment of INR66.75 billion (US$810 million), making it the largest facility of its kind in India. The project, approved by the State Investment Promotion Board (SIPB), will be developed in two phases across 200 acres within the IFFCO Kisan Special Economic Zone, with 120 acres allocated for the initial phase and 80 acres for future expansion.
India removes key barrier for deep-tech startups as DSIR eases recognition criteria
The Indian government has announced a major relaxation in eligibility norms for deep-tech startups, removing the mandatory three-year existence requirement for recognition under the Department of Scientific and Industrial Research (DSIR). The move was unveiled on January 4, 2026, during celebrations marking the 42nd Foundation Day of DSIR, under the Ministry of Science and Technology.
LG Electronics India's APA settlement clears decade-long tax overhang, boosts balance-sheet visibility
LG Electronics India Limited said it has concluded an Advance Pricing Agreement (APA) with India's Central Board of Direct Taxes (CBDT), bringing closure to long-standing transfer pricing disputes and significantly reducing historical tax-related uncertainties. The agreement was signed on January 5, 2026, and covers nine years from April 1, 2014, to March 31, 2023, following an application originally filed on March 29, 2018.
Article edited by Jerry Chen
