India's southern state of Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company's planned investments ahead of billionaire Elon Musk's visit.
Tata, committed to setting up a wafer fab and an ATMP facility in India, announced a plan to attract experienced Taiwanese talents to help the new entrant in the semiconductor business speed up its ambition.
In just ten months, Tesla CEO Elon Musk plans to meet Indian Prime Minister Narendra Modi for the second time, a move that may entail announcing an EV manufacturing facility and positioning India as an emerging EV production hub to prevent Chinese-made EVs from flooding the world.
As India strives to develop its semiconductor ecosystem, international chip companies are establishing global capability centers in the country to harness local talent.
Following Wistron's sale of its iPhone plant to Tata and Pegatron's decision to yield its control over an iPhone facility in China to Luxshare, Pegatron is reportedly in talks to sell its iPhone plant to Tata. Pegatron told DIGITIMES no comment on market speculation.
Hyundai Motor and Kia announced a partnership with Exide Industries to source locally-made lithium-ion cells for EVs sold in India. The announcement came as global EV brands, such as VinFast and Tesla, seek to expand in the Indian market.
Although Apple faces challenges in China, India may emerge as Apple's next growth engine and become one of the company's major markets in the coming years.
Mega Networks, an Indian server solutions provider with almost 28 years of experience, is planning to bring out AI servers and enter the semiconductor packaging segment.
Weeks after India lowered its basic customs duty for imported Electric Vehicles (EVs) to encourage importers to make EVs in India, Tesla is reportedly scouting for lands in three Indian states for potential manufacturing EV plants.
Microsoft's CEO Satya Nadella shared his thoughts on the transformative potential of AI following the announcement of the company's plans to train over 2 million AI professionals in India.
India's largest EMS provider, Dixon Technologies, is reportedly in talks with China-based Transsion Holdings to acquire the majority of the latter's Indian manufacturing business, according to the Economic Times.
