On the concluding stage of his Asian tour, OpenAI CEO Sam Altman highlighted India's capacity to become a leader in artificial intelligence (AI), especially in developing smaller models. With OpenAI seeking to broaden its market, Altman pointed out the company's keen interest in India's vibrant developer ecosystem as a key component of its expansion strategy

US President Donald Trump's new tariffs on Canada, Mexico, and China escalate global trade tensions, potentially extending to the EU. India, not yet targeted, stands to benefit as it attracts companies diversifying from US-China trade uncertainties

Hangzhou-based AI startup DeepSeek has made global waves with the launch of its large language model (LLM). While US mainstream media remains largely critical, international coverage—especially in India and Europe—has taken a more optimistic stance on its potential impact

Shein, the Chinese fast-fashion company, has returned to India nearly five years after a ban, partnering with Mukesh Ambani's Reliance Retail, highlighting India's adoption of a market-for-technology approach similar to China's

Pegatron has disclosed that it has reduced its holding in an Indian subsidiary to 40%, confirming reports saying India's Tata Electronics has acquired a 60% stake in the Taiwanese maker's iPhone manufacturing plant in the South Asian country

Optiemus Electronics, an India-based electronics manufacturing services (EMS) provider, has formed a strategic partnership with China-based TP-Link to manufacture networking devices and smart home products in India. The collaboration supports the country's 'Make in India' initiative while reinforcing India's position as a global manufacturing hub

India is accelerating its artificial intelligence (AI) development, with the government aiming to build a domestic LLM within 10 months as part of the INR103.7 billion (approx. US$1.2 billion) IndiaAI Mission

Cadence Design Systems has said that it recognizes India as a critical hub for innovation and data-driven growth and is committed to deepening its footprint in the region's data center sector

In 2024, India experienced slight growth in smartphone shipments but saw a significant increase in revenue driven by premiumization. MediaTek maintained its lead in the smartphone SoC market, while the iPhone captured over 10% market share for the first time in India

In a bid to strengthen India's position in global supply chains and boost local manufacturing, the Indian government has eliminated import taxes on several electronics components as part of its newly unveiled federal budget for the 2025-26 fiscal year

India-based EMS player Kaynes Technology has reported robust financial growth in the first three quarters of fiscal 2025 (April 2024 to March 2025). Despite regulatory delays, Kaynes expects its OSAT facility to start impacting margins by fiscal 2027, bolstered by high-margin sectors and recent acquisitions in the US and India

Tata Electronics is strengthening its semiconductor ambitions by recruiting key talent from Intel, as the company prepares to establish India's first wafer fab in decades with an INR91,000 crore (US$10.50 billion) investment in Gujarat

LG Electronics' Indian subsidiary experienced a revenue surge of almost 10% in 2024. The company remains on course with its plans to launch an IPO in India, aiming to take advantage of the market's expansion

India is trying to pry open the doors of the world's biggest app stores, setting up a likely clash with Apple Inc. and Alphabet Inc. over social services, safety standards, and access to the country's smartphones

With India dedicating substantial incentives to bolster its local electronics supply chain, the country is witnessing the rise of new domestic companies within the semiconductor and EMS sectors