Sanand, Gujarat – Prime Minister Shri Narendra Modi inaugurated Micron Technology’s Semiconductor Assembly, Test, Marking, and Packaging (ATMP) facility in Sanand, Gujarat, on February 28, 2026. This milestone marks India’s significant entry into the global hardware and semiconductor sector, complementing the country’s longstanding software leadership. Addressing the gathering, PM Modi…
Tag: #ElectronicsManufacturing
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PLI Scheme Boosts Manufacturing with ₹1.91 Lakh Crore
India’s Production Linked Incentive (PLI) Scheme, backed by an outlay of ₹1.91 lakh crore, has emerged as one of the most ambitious industrial reform initiatives in recent years. With 836 approved applications spanning 14 strategic sectors, the scheme is accelerating investments, boosting exports and generating large-scale employment across the country….
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PM Modi to Launch HCL–Foxconn Chip Project
New Delhi: Prime Minister Narendra Modi will participate in the groundbreaking ceremony of the HCL–Foxconn joint venture semiconductor project at the Yamuna Expressway Industrial Development Authority (YEIDA) in Uttar Pradesh on February 21 at around 5 PM via video conferencing. Major Milestone in India’s Semiconductor Journey The project, to be…
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PM Modi to Launch HCL-Foxconn Semiconductor Plant
New Delhi: Prime Minister Narendra Modi will participate in the groundbreaking ceremony of the HCL–Foxconn semiconductor joint venture project in Uttar Pradesh on February 21, marking a significant step in India’s push towards becoming a global semiconductor manufacturing hub. The event will be held at the Yamuna Expressway Industrial Development…
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C2i Raises $15M Under DLI Boosting India Chip Design
India’s semiconductor chip design ecosystem received a major boost as C2i Semiconductors, a startup backed by the Government’s Design Linked Incentive (DLI) Scheme, raised $15 million in Series A funding led by Peak XV Partners. The investment marks the largest funding round secured by an Indian semiconductor startup to date…
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Budget 2026 Boosts India’s Cloud & AI Hub Vision
The Union Budget 2026–27 has unveiled a landmark tax holiday till 2047 for eligible foreign cloud service providers using India-based data centres for global operations. The move signals a decisive push to position India as a global hub for cloud computing and artificial intelligence (AI) infrastructure. the framework aims to…
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Ashwini Vaishnaw Launches Qualcomm 2nm Chip in Bengaluru
India took a decisive step forward in the global semiconductor race on Friday as Union Minister for Electronics and Information Technology Shri Ashwini Vaishnaw launched Qualcomm’s cutting-edge 2 nanometre (2nm) semiconductor chip in Bengaluru. The launch underscores India’s growing importance in advanced chip design and reinforces the country’s ambition to…
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India Semiconductor Mission 2.0 Gets Big Boost in Budget 2026
The Union Budget 2026–27 has placed semiconductors at the heart of India’s long-term economic and strategic ambitions with the announcement of India Semiconductor Mission (ISM) 2.0. The new phase marks a decisive shift from ecosystem creation to deepening domestic capability, positioning India as a reliable and competitive participant in global…
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CCI Clears ChrysCapital-Led Acquisition of Nash Industries
The Competition Commission of India (CCI) has granted approval for the acquisition of a stake in Nash Industries (I) Private Limited by a consortium of private equity investors led by ChrysCapital Fund X, along with Two Infinity Partners and Blue Wave Investments Limited. The regulatory clearance marks a significant development…
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India’s Chip Design Gets DLI Scheme Boost
India’s ambition to become a global semiconductor powerhouse is gaining momentum through the Design Linked Incentive (DLI) Scheme, a flagship initiative under the Semicon India Programme. Focused on chip design the most value-intensive segment of the semiconductor supply chain the scheme is enabling domestic startups, MSMEs and companies to move…