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
boAt has partnered with semiconductor startup HrdWyr to launch the HrdWyr Indus 1011, a high-volume chip fully designed in India, with assembly, packaging, and testing enabled by Tata Electronics. The chip will power boAt's upcoming premium true wireless stereo (TWS) charging cases, expected to debut in early 2026
According to BusinessWire, CG Semi Private Limited, a subsidiary of CG Power and Industrial Solutions Limited and part of the Murugappa Group, has inaugurated its first Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. The launch positions CG Semi among India's earliest full-service OSAT providers and marks major milestone in India's efforts to strengthen domestic semiconductor capabilities while serving global markets
Japan and India are accelerating plans to relocate production of legacy semiconductor and LCD technologies to India, aiming to reduce dependence on China and strengthen economic security
The US has imposed 50% tariffs on Indian goods in response to New Delhi's continued purchase of Russian oil and defense equipment. The move is expected to hit India's IT and electronics sectors, prompting calls for government relief, while Prime Minister Modi signals upcoming reforms and policies to support domestic manufacturing
