Tokyo Electron has announced plans to open new offices in India to support the country's growing chip industry. According to ANI and the Economic Times, senior executives at Tokyo Electron, including SVP Fumihiko Kaminaga and EVP Takeshi Okubo, said the company will open a main office in Bengaluru, with additional stations in Ahmedabad and Dholera, Gujarat
South Korea's semiconductor push into India is being spearheaded by major players such as Samsung Electronics, while smaller firms have shown limited investment despite growing interest
Tesla's long-awaited entry into India has been marked by disappointing sales, raising questions about the electric vehicle maker's strategy in one of the world's fastest-growing auto markets
Tata Electronics has forged strategic partnerships with Merck and India's Centre for Development of Advanced Computing (C-DAC). The collaborations will enhance semiconductor materials, design, and infrastructure capabilities. These moves underscore the company's drive to build a complete ecosystem around its upcoming US$11 billion wafer fabrication plant in Gujarat
Semiconductor equipment maker ASML Holding NV emphasized its commitment to India's growing chip industry during Semicon India 2025, held in Bangalore. Speaking at the event, ASML President and CEO Christophe Fouquet highlighted the importance of India's semiconductor ambitions for economic growth, job creation, and national resilience, according to the Indian Express and Bloomberg
At Semicon India 2025, the country's flagship semiconductor showcase, Prime Minister Narendra Modi urged global and domestic stakeholders to view India not just as a manufacturing hub but as a future source of semiconductor intellectual property (IP)
Indian Prime Minister Narendra Modi inaugurated the three-day Semicon India 2025 at Yashobhoomi, highlighting India's growing role in the global semiconductor ecosystem. Addressing industry leaders, start-ups, and young innovators, Modi emphasized that "the World trusts India, the World believes in India and the World is ready to build the Semiconductor Future with India.
OpenAI is exploring plans for a massive data center in India that would rank among the country's largest facilities, according to Bloomberg. The proposed site would feature at least 1 gigawatt of capacity, with details on location and timeline expected during CEO Sam Altman's upcoming visit to India
India is preparing its most significant tax overhaul in nearly a decade, with plans to cut goods and services tax (GST) rates by at least 10 percentage points on nearly 175 products, according to Reuters, citing two people familiar with the matter. The move comes as the government seeks to counter the economic impact of a steep US tariff hike and stimulate domestic demand ahead of the festive season
India's smartphone manufacturing shipments rose 15% year-over-year in the second quarter of 2025, driven by higher exports and domestic demand, according to Counterpoint Research. Dixon Technologies led the market for the first time by volume, though intensifying competition from rivals signals shifting dynamics in the country's EMS landscape
At its 48th AGM, Reliance Industries unveiled Reliance Intelligence, a new AI-focused subsidiary driving India's artificial intelligence ambitions, alongside partnerships with Google and Meta to scale AI across industries. The company also detailed its renewable energy push, including gigawatt-scale green data centers, solar and battery projects, and green hydrogen production, signaling a transformative blend of AI innovation and sustainable energy leadership for India's future
At the 2025 India-Japan Annual Summit, leaders advanced collaboration in semiconductors, AI, robotics, green energy, and space technologies. With JPY10 trillion (USD$67 Bn) in planned Japanese investment, both nations aim to integrate high-tech manufacturing, digital innovation, and talent mobility, strengthening industrial competitiveness and future-ready technology partnerships
India's ambition to become a trillion-dollar digital economy is creating demand for AI infrastructure that can support both rapid experimentation and cost efficiency
Tex Year Industries is set to optimize its manufacturing operations across Taiwan, Vietnam, the US, and other Asian locations in response to ongoing tariffs and geopolitical challenges. The company anticipates revenue growth in the second half of 2025 compared with the first half but projects a slowdown in full-year revenue relative to 2024
