As 2024 draws to a close, India's electronics manufacturing and semiconductor industries have shown steady growth throughout the year, driven by global supply chain realignments, favorable government policies, and a vast domestic market. Recent political developments in the US are expected to accelerate these supply chain shifts further, strengthening India's electronics manufacturing landscape

India's semiconductor ambitions are gaining momentum with initiatives like SEMI's planned Semiconductor Academy and Mindgrove Technologies' US$8M RISC-V funding. Marvell and Synaptics emphasize India's potential at the VLSI conference and beyond, while Wistron, Sunnic, and Micromax strengthen local capabilities through investments, diversification, and partnerships supporting AI and chip innovations

In the year-end message to Tata Group employees, chairman N Chandrasekaran emphasized the transformative impact of manufacturing on India's economy, buoyed by global supply chain shifts favoring the country

SEMI is stepping up to nurture India's critical talent pipeline as the country embarks on an ambitious journey to become a global semiconductor powerhouse

Reliance, a conglomerate based in India, has established partnerships with Chinese companies following a period of Indian restrictions on Chinese investors. This development signifies a possible easing of bilateral economic relations, potentially paving the way for increased Chinese investments in India

Mindgrove Technologies, an India-based IC design house, has secured US$8 million in funding, positioning the startup to commercialize its RISC-V products amid the Indian government's design-in-India initiative

IC distributor Sunnic Technology & Merchandise is expanding its CMOS image sensor (CIS) business in India while diversifying into service businesses focused on unmanned automation and smart healthcare solutions

In a strategic move to strengthen its global presence, Wistron's board of directors approved several overseas investment projects on December 20, 2024, including a major renovation of its Texas facility in the US, the construction of a new factory in Vietnam, and additional capital investment in India

India's semiconductor industry will convene next month in Bengaluru for the 38th VLSI Design Conference, a flagship event showcasing advancements in chip design, research, and innovation

India-based consumer electronics brand Micromax Informatics has partnered with Phison, a Taiwan-based NAND controller and storage provider, to create MiPhi. This strategic collaboration supports India's 'Making AI in India' vision, highlighting the country's aspirations to lead in artificial intelligence

US chip designer Synaptics Inc. aims to assemble and package at least 10% of its chips in India by 2027 to diversify its supply chain and reduce dependency on China

Local electronics manufacturers, including Dixon and Kaynes, are expanding as India strives to build a local supply chain. Multinationals like Apple and MSI continue investing in manufacturing in India

Eyeing India's potential in the notebook market amid a make-in-India push, Taiwan-based MSI launches locally-produced notebooks and plans to expand its retail presence

India's Kaynes Semiconductor has aligned with a major anchor customer in the power domain, focusing on IGBT (Insulated-Gate Bipolar Transistor) and IPM (Intelligent Power Module) products for the industrial and automotive markets, the company said

As global demand for semiconductors continues to rise, Indian companies are progressively stepping up to fill the gap traditionally addressed through imports. Suchi Semicon is leading this transformation by establishing Gujarat's first Outsourced Semiconductor Assembly and Test (OSAT) facility, aiming to reduce India's dependence on foreign semiconductors