Dixon and vivo India plans manufacturing joint venture
December 17, 2024
Indian EMS provider Dixon Technologies is teaming up with an Indian subsidiary of Chinese smartphone maker vivo to form a joint venture that will manufacture electronic devices – including smartphones.
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Chinese DBG Technology to acquire France’s ALL Circuits
December 17, 2024
Chinese EMS provider DGB Technology is poised to acquire ALL Circuits, creating a global footprint with manufacturing operations on four continents.
Suchi Semicon to invest $100 million in Gujarat OSAT plant
December 16, 2024
The plant, with an initial area of 30,000 square feet, will provide essential assembly, testing and packaging services for semiconductor components.
Tivolt partners with Tata Power to boost EV charging
December 16, 2024
This partnership aims to build a robust EV charging ecosystem by leveraging Tata Power’s expertise in EV charging solutions with Tivolt’s network of small electric commercial vehicles across India.
Reliance NU Suntech secures 930 MW BESS project
December 13, 2024
Solar Energy Corporation of India (SECI) will enter into a 25-year power purchase agreement with Reliance NU Suntech. The solar power procured will be sold to power distribution firms in India.
Indian chip firm Netrasemi raises $1.2 million
December 13, 2024
Kerala-based semiconductor start-up Netrasemi intends to use the funds for the fabrication of two ML SoC chips (Netra A2000 and Netra R1000).
VinFast to build second factory in Vietnam
December 09, 2024
The Vietnamese EV manufacturer’s new facility in the central Ha Tinh province is expected to produce 300,000 units annually in its initial phase, the same capacity as its current plant in Haiphong.
India mulls $1.1 billion plan to boost EV battery production
December 02, 2024
The scheme aims to support the domestic manufacturing of key components such as electrodes, anodes, cathodes, electrolytes and copper foil that require heavy capital investment and R&D.
UP approves $1 billion in incentives for 2 semiconductor units
December 02, 2024
The projects proposed by Tarq Semiconductors and Vama Sundari Investments are expected to attract a combined investment of USD 3.8 billion, but both await approval by the central government.
With Tesla entry uncertain, India woos other EV makers
November 29, 2024
The Indian government is now also considering EV investments at existing factories that currently build gasoline-engine and hybrid cars, sources told Reuters.
Waaree Energies bags 600 MWp solar PV modules order
November 29, 2024
Waaree is focused on PV module manufacturing with an aggregate installed capacity of 12 GW as of June 30, 2023. This is the second such order the Indian company has received in recent weeks.
Global notebook shipments expected to grow by 4.9% in 2025
November 26, 2024
TrendForce reports that the global notebook market in 2024 is projected to recover at a moderate pace, hindered by high interest rates and geopolitical uncertainties.
Foxconn may expand Tamil Nadu facility, add 20,000 jobs
November 25, 2024
Foxconn International Holdings India Developer Private Limited has reportedly submitted a proposal to expand the existing special economic zone in Sriperumbudur SIPCOT Industrial Park.
PG Electroplast partners with Spiro for EV production
November 25, 2024
PGEL’s subsidiary PG Technoplast will establish and manage manufacturing facilities in India, dedicated to the production of electric vehicles, lithium-ion batteries and related components.
Vecmocon secures $10 million to advance EV tech
November 18, 2024
The Delhi-based start-up said it will use the funds to expand its presence across various market segments, including electric two-wheelers and three-wheelers, LCVs and buses.
India’s semiconductor sector set to create 1 million jobs by 2026
November 15, 2024
This includes 300,000 jobs in chip fabrication, 200,000 positions in ATMP and additional roles in chip design, software development, system circuits, and manufacturing supply chain management.
Yali Capital invests $4 million in chip design startup C2i
November 15, 2024
Yali’s strategy is centered on deep tech innovation in India, with key interests spanning chip design, robotics, smart manufacturing, genomics, aerospace, surveillance and AI.
Jabil is looking to expand in India
November 14, 2024
EMS provider Jabil has signed a Memorandum of Understanding (MoU) with the Gujarat state government – an agreement that allows the company to explore expansion opportunities in India
Vedanta plans to invest $500 million in its display glass unit ASI
November 11, 2024
The metals and mining giant is also reportedly exploring the possibility of establishing a display semiconductor manufacturing facility in India.
Mahanagar Gas forms JV with IBC for battery manufacturing
November 11, 2024
Last month, MGL had announced the signing of an indicative and non-binding term sheet with International Battery Company for a proposed investment in IBC of an amount not exceeding INR 3.85 billion.
Sterling partners with Kunshan to build EV component facility
November 08, 2024
The collaboration aimed at the domestic production of these auto parts in India is expected to generate INR 2.5 billion in business by FY30.
RRP Semiconductor secures $52 million solar project order
November 07, 2024
The order from Telecrown Infratech involves the supply and import of critical materials including silicon solar cells, melted silicon crystals and polycrystalline materials.
Purdue expands India ties with education, semiconductor centres
November 05, 2024
Through the US-India Center of Excellence in Semiconductors, Purdue will launch the India-US Collaborative on High-impact Innovation and Partnerships in Semiconductors (INDUS-CHIPS) alliance.
Schneider ousts CEO after differences over strategy
November 05, 2024
Peter Herweck was CEO of French multinational Schneider Electric for 18 months. He is being replaced by company veteran Olivier Blum, the chief of its key energy management business.
Irish chip firm Trasna’s office inaugurated in Kerala
November 04, 2024
Transa will closely work with India Semiconductor Mission, an initiative of the central government to develop the semiconductor ecosystem in the country.
Toyota to get Suzuki’s first-ever electric vehicle
November 01, 2024
The new model is scheduled to be manufactured at Suzuki Motor Gujarat in India from the spring of 2025. This new development marks the first BEV in the OEM relationship between the two companies.
Cyient acquires stake in Azimuth AI to build cutting-edge ASIC chips
October 31, 2024
Cyient has acquired a 27.3% stake in Azimuth AI, a fabless custom ASIC company known for its expertise in intelligent energy and power solutions.
Atul Greentech signs battery supply pact with Exide Energy
October 25, 2024
Atul Greentech Pvt Ltd (AGPL), a subsidiary of Atul Auto, said it would source lithium-ion battery packs from Exide Energy Solutions Limited’s manufacturing facility in Prantij, Gujarat.
Global EV sales up 30.5% in September, driven by China
October 25, 2024
1.69 million EVs, including fully electric (BEV) and plug-in hybrids (PHEVs), were sold worldwide. Sales in China spiked 47.9% in September, reaching 1.12 million vehicles.
Saki strengthens its presence in India
October 22, 2024
Japanese inspection equipment specialist Saki Corporation has entered into a sales partnership agreement with Blue Star Engineering & Electronics Ltd. (Blue Star E&E) for the Indian market.
Gallium Nitride chip startup AGNIT raises $3.5 million
October 21, 2024
The Indian company designs and manufactures Gallium Nitride wafers and electronic components primarily for radio-frequency applications.
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