India-based EMS provider Syrma SGS is investing INR15.95 billion (approx. US$180 million) to set up a plant near Naidupeta, Andhra Pradesh. The facility is expected to create over 2,100 high-skill jobs and strengthen domestic PCB production, while the company also plans to produce laptop motherboards locally to increase value addition and qualify for government incentives, according to The New Indian Express
Microchip Technology and Qualcomm have both expanded their presence in Bengaluru, reinforcing the city's position as India's top semiconductor and technology hub and adding momentum to a wave of recent investments by global chip firms, according to the Economic Times
Bengaluru-based electronics manufacturing services provider Kaynes Technology is considering moving part of its production to North America as Indian exporters grapple with the US's sharply higher tariff regime. The Trump administration in Washington raised duties on a broad range of Indian goods to as high as 50% in 2025, a jump from the earlier baseline of around 10%, severely affecting exporters across multiple sectors
Global investors, including Nvidia and Qualcomm Ventures, are backing India's deep-tech sector. Meanwhile, LGES faces a battery tech leak linked to Ola Electric
According to the Economic Times, Ola Electric issued a statement on November 9, rejecting media reports that linked the company to the alleged theft of South Korean pouch cell battery technology, calling the claims "misleading and baseless.
Korean multinational LG Electronics is reportedly expanding its footprint in India, with plans to supply locally manufactured equipment for Apple iPhone production and to establish a global research and development center in Noida. The initiatives underline India's growing strategic importance in LG's global manufacturing and innovation strategy
Bloomberg, citing unnamed sources, reported that Tesla had named Sharad Agarwal, former head of Lamborghini India, as its country head, signaling a shift toward a more localized strategy after a slow start in the world's most populous nation. Agarwal, who begins his tenure this week, will oversee day-to-day operations on the ground, replacing Tesla's prior approach of managing India through a small local team reporting remotely from China and regional hubs
South Korean electric vehicle (EV) battery maker LG Energy Solution (LGES) is facing a major security breach involving the theft of its high-density pouch-type battery technology, which reportedly ended up in the hands of Indian electric scooter manufacturer Ola Electric. The incident has raised significant concerns about the protection of South Korea's core industrial technologies
Nvidia and Qualcomm Ventures have joined a growing consortium of US and Indian investors backing India's deep-tech ecosystem, underscoring rising global interest in the country's push toward technological self-reliance, according to Reuters, TechCrunch, and PR Newswire
India's smartphone market grew 5% year-over-year in shipments and 18% in value in the third quarter of 2025, reaching its highest-ever quarterly value, according to Counterpoint Research. The growth was driven by festive-season sell-ins, aggressive promotions, and financing offers that boosted premium segment demand
Odisha marked a significant milestone in its electronics manufacturing journey as Chief Minister Mohan Charan Majhi performed the groundbreaking ceremony for SiCSem's silicon carbide semiconductor production facility at Info Valley, Bhubaneswar. The integrated plant, backed by an investment of INR20.67 billion (US$230 million), is expected to be operational by fiscal year 2028 (April 2027 to March 2028) and create around 5,000 direct and indirect jobs, according to the official press release
India has approved several electronic component manufacturing projects, underscoring its push up the tech supply chain, while OpenAI, Meta, and Google race to secure positions in the country’s fast-growing AI market
Indian solar manufacturers are scrambling to protect their US business after Washington imposed a 50% tariff on solar modules and cells imported from India, a move that has sharply disrupted one of the country's fastest-growing export sectors
India is preparing to nearly triple incentives for rare-earth magnet manufacturing to over INR70 billion (US$788 million) as part of efforts to reduce reliance on China. The move comes just days after Beijing agreed to relax export restrictions following the latest US-China trade deal, easing immediate supply pressures
According to Reuters, Google will provide 18-month free access to its Gemini AI service for all 505 million subscribers of India's Reliance Jio, a move aimed at accelerating the adoption of its AI tools in the country. The offer includes the advanced AI model, two terabytes of cloud storage, and image and video generation capabilities, normally priced at INR35,100 (approx. US$399). Early access will begin with 18- to 25-year-old users on selected plans before expanding to all Jio customers
