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India’s Industrial Smart Cities Get ₹28,602-Crore Push Under NICDP

India is charting its course toward futuristic urban industrial landscapes with the approval of 12 industrial smart city projects under the National Industrial Corridor Development Program (NICDP). Announced by Union Commerce and Industry Minister Piyush Goyal in the Rajya Sabha, this ambitious initiative entails a ₹28,602-crore investment, including land costs, dedicated to developing state-of-the-art trunk infrastructure. Transforming Urban Industrial Ecosystems: …

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India Launches $5 Billion Initiative to Boost Domestic Electronics Component Manufacturing

India is gearing up to unveil a groundbreaking $5 billion incentive scheme aimed at boosting domestic production of electronics components for devices such as smartphones, laptops, and more. According to Reuters, this initiative seeks to reduce dependence on imports, particularly from China, and strengthen local supply chains in the rapidly growing electronics sector. India’s electronics production has seen remarkable growth, …

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India’s Semiconductor Industry to Generate a Million Jobs by 2026, Report Finds

As India moves toward becoming a global hub for semiconductor manufacturing, the sector is projected to create up to one million jobs across diverse roles by 2026, according to a recent report by talent solutions provider NLB Services. The surge in demand spans various specialties, from fabrication and testing to design and quality control, as the country aims to solidify …

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India's Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27

India’s Electronic Manufacturing Services Market Set to Reach $72.2 Billion by FY27, Driven by Government Initiatives

India’s electronic manufacturing services (EMS) market is on a robust growth trajectory, expected to surge from $17.5 billion in FY22 to $72.2 billion by FY27, reflecting a compound annual growth rate (CAGR) of 32%, according to a recent report by Motilal Oswal Financial Services. This remarkable expansion is fueled by a series of government initiatives aimed at boosting the domestic …

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India Must Aim for $500 Billion Electronics Manufacturing Boom by 2030: NITI Aayog’s Bold Vision!

India should aim for $500 billion in domestic electronics manufacturing by 2030, the NITI Aayog has said in a report recommending specific policy measures like tariff rationalisation and skilling. Growth in electronics manufacturing would create employment for about 6 million people, said the central government’s think tank on Thursday. “Global Value Chains (GVCs) are critical in modern manufacturing, involving international …

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Mahle needs to grow its share in Asia, India to grow as a market and software technology : CEO Arnd Franz 

Mahle, a global automotive company, is exploring innovative technology concepts to enhance the in-car experience. They are working on a system that goes beyond the traditional HVAC (Heating, Ventilation, and Air Conditioning) by automatically adjusting cabin temperature based on the direction of the sun. Additionally, this system monitors various vital signs of the occupants to ensure their well-being. This ambitious …

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Cisco working with Jio, Airtel to build 5G open network

Cisco, a global leader in networking technology, is actively partnering with telecom service providers across India to pave the way for a seamless transition to 5G networks. The company’s efforts are concentrated in three key areas: facilitating the development of 5G-ready networks, digitizing operational processes, and fostering revenue growth through strategic Go-to-Market partnerships. In an era where telecom operators are …

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Micron Technology Breaks Ground on $2.75 Billion Semiconductor Facility in Gujarat, India, Marking a Major Milestone in India’s Semiconductor Journey

India is on the path to becoming a global semiconductor hub, as Micron Technology, Inc. (NASDAQ: MU), a leading semiconductor company, marked a significant milestone by breaking ground for its state-of-the-art chip assembly and test facility in Gujarat. This ambitious project is part of India’s strategic efforts to bolster its semiconductor ecosystem and meet the increasing demand for chips in …

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Indian semiconductor industry to generate 12 lakh jobs

The talent pool requirement is for various functions, which include engineers, operators, and technicians among others As India strives to establish itself as a semiconductor manufacturing hub, the industry will create demand for 12 lakh jobs across the sector as manufacturing evolves and design functions solidify further, said Jaya Jagadish, Country Head of AMD India, and Chairperson of the Semicon Talent Building …

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Vodafone Idea Foundation Establishes IoT Centre of Excellence in Partnership with TSSC at IGDTUW, Delhi

The Vodafone Idea Foundation, the CSR arm of Vi, has embarked on a pioneering initiative by collaborating with the Telecom Sector Skill Council (TSSC) to establish the IoT Centre of Excellence at the prestigious Indira Gandhi Delhi Technical University for Women (IGDTUW) in Delhi. This cutting-edge center is poised to transform the landscape of technology education by offering hands-on training …

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