Investment

Hero Electronix Aims to Raise Approximately $150 Million Through Tessolve Stake Sale Hero Electronix Looks to Sell 30% Stake in Semiconductor Design and Engineering Company Tessolve

Hero Electronix is reportedly planning to sell a 25-30% stake in Tessolve, aiming to raise $120-150 million. This potential deal values Tessolve…

Ford to Manufacture Hybrid, EV, and ICE Vehicles at Chennai Plant for Global Markets Ford to Launch Hybrid, EV and ICE Production at Chennai Plant

Ford’s expanded vision for the Chennai facility hints at long-term investment in India, as the plant will create job opportunity, skill…

India and Germany Partnership in Semiconductor and Technology Sectors Roadmap on Innovation and Technology: India-Germany Semiconductor Partnership

The leaders discussed expanding the skilled migration initiatives for Indian professionals, with Germany recognizing India as a key source for…

Narendra Modi and Xi Jinping Meeting in BRICS Summit 2024 Modi-Xi Meeting Marks Positive Turn for Chinese EV Makers in India

India’s EV industry has substantial growth potential, with EVs currently comprising just 2% of passenger vehicles sold…

L&T's USD 300 Million Chip Venture L&T Invests USD 300 Million to Launch Fabless Chip Firm, Focusing on Power and RF Semiconductor

Over the next three years, L&T plans to design 15 semiconductor products, focusing on power chips, radio-frequency…

Chip Turmoil in US Chip Turmoil in US: Ambitious USD 30 Billion Semiconductor Investment Struggles to Show Impact

In May 2020, Industry leaders Huang Renxun, Su Zifeng, Tim Cook, Wei Zhejiang, Liu Deyin, and Morris Chang…

Cabinet Approves Rs. 3,300 Crore Semiconductor Facility Government Approves ₹3,300 Crore Kaynes Technology Semiconductor Plant in Gujarat, Fostering India’s Semiconductor Ecosystem

The new plant will produce 6 million chips per day, boosting industries like automotive, electric vehicles, consumer…

Outsourced Semiconductor Assembly and Testing (OSAT) Unit Suchi Semicon to Power Gujarat's Tech Revolution with USD 100 Million Semiconductor Plant

The new facility, located in Surat, will have feature Class 10k and 100k cleanroom facilities in its Outsourced…

India-Semiconductor Government Likely to Halt Second Chip Subsidy Scheme This Year. Find Out Why?

The Ministry of Electronics and Information Technology (MeitY) will wait until the committed projects commences and…

Optiemus- Drone Optiemus Unmanned Systems launches indigenized Drones for Agricultural and Mapping Applications

The company plans to invest Rs 140 Crores and offer a pioneering model of ‘Drone as a Service’ for the agriculture…