India is giving its semiconductor mission a major upgrade, considering extending the second phase of the India Semiconductor Mission (ISM) to as long as 12 years.The goal? Build stronger local chip supply chains and help India stand out in the global tech race.
The Tamil Nadu Chief Minister’s Office (CMO) tweeted on microblogging platform X that the meeting took place on May 19, and included discussions with Japanese and Indian executives linked to the company’s planned semiconductor and precision components facility in Tiruvallur, which involves a proposed investment of ₹1,980 crore, according to news agency ANI.
Exports rise 2.4x, employment 2x over six years
We have said for some time that GCCs (global capability centres) are India’s best story. But to tell that story well, it’s important to have good data.
Consumers are likely to witness high memory chip prices as no significant capacity addition is in the pipeline over the next 12-18 months, said Ashok Chandak, President, India Electronics and Semiconductor Association (IESA) on Wednesday.
The Centre is considering extending the second phase of the India Semiconductor Mission (ISM) to as long as 12 years, compared with the current five-year framework, senior government officials told Business Standard. The move is aimed at supporting companies involved in supplying raw materials and components to semiconductor fabrication and packaging units, which typically require longer gestation periods.
Karnataka’s IT/BT department has reopened applications for its Elevate startup support program, offering grants up to Rs 50 lakh. This year, for the first time, four categories are running simultaneously, including Elevate Shakti for women-led ventures and Elevate Unnati for SC/ST founders, aiming for broader inclusivity across the state.
Bengaluru-based aerospace and defence company AxisCades Aerospace Infrastructure Private Limited is set to invest Rs 6,000 crore in Karnataka, Industries Minister MB Patil said.
According to the release, the minister shared the information after detailed discussions held with senior officials of the company at Khanija Bhavan on Wednesday.
Dr. Thrilok Chandra K. V., IAS, Secretary to the Government of Karnataka, Tourism Department, accompanied by Shri Darshan H.V., Deputy Commissioner, Dakshina Kannada, visited the New Mangalore Port Authority (NMPA) to assess and discuss strategies for bolstering cruise tourism initiatives and exploring future developmental prospects at the port. The dignitaries were formally received by Smt. S. Shanthi, Deputy Chairperson, NMPA, along with senior officers and employees of the port authority.
Canada’s High Commissioner to India, Chris Cooter, met Chief Minister Siddaramaiah at the latter’s official residence, Cauvery, on Tuesday. Officials described the meeting as the Canadian High Commissioner’s first formal bilateral engagement with a southern Indian state.
Bengaluru-based aerospace and defence company AxisCades Aerospace Infrastructure Private Limited is set to invest Rs 6,000 crore in Karnataka in three phases to set up an integrated hub for manufacturing, testing, and maintenance in aerospace, defence, semiconductor, and Artificial Intelligence innovation sectors.
The overall valuation of Karnataka-based startups has crossed more than $300 billion, even as venture capitalists, angel investors and other investors have turned their focus to deep-tech companies working in the space of semiconductors, biotechnology, and space tech, among others, Karnataka’s information technology minister Priyank Kharge said.
AMEC, the International Association for the Measurement and Evaluation of Communication, has launched the AMEC GEO Principles and a companion resource, A Practitioner’s Guide to GEO Measurement , to help communications professionals measure the growing influence of AI-led discovery, generative search and large language models.
Karnataka’s technology ecosystem attracted hundreds of millions of dollars in investment during the first quarter of 2026, with Bengaluru accounting for nearly all recorded startup funding activity, reinforcing the city’s overwhelming dominance within India’s innovation economy.Industry data released this week showed that Bengaluru captured the vast majority of venture capital inflows into Karnataka’s startup sector during the quarter, underlining the city’s continued appeal for investors targeting artificial intelligence, enterprise software, fintech and deep-technology ventures.
AI is enabling Indian engineering hubs of global firms to quicken intellectual property generation and mitigate supply chain risks, a Daimler Truck (DTGGe.DE), opens new tab executive said on Wednesday.
IFF’s analysis highlights the absence of binding safeguards on AI accountability, safety testing, transparency, and government use of AI systems.
A purported leaked audio clip allegedly featuring Mark Zuckerberg has sparked fresh concerns over workplace surveillance and the role of employee data in training artificial intelligence systems at Meta.The clip, which circulated widely online, reportedly captures Zuckerberg discussing how AI systems learn by observing “really smart people” performing tasks inside the company.
DataArt — a global software engineering firm specializing in data, analytics, and AI — has grown its Bengaluru team to nearly 100 engineers and specialists, and is entering its fourth year staffing a growing portfolio of international projects. DataArt has taken a deliberate approach in India: build slowly, build well, and make every hire part of something with a longer horizon. That model is now producing results visible beyond Bengaluru.
The Bharath Digital Infrastructure Association (BDIA) today convened policymakers, industry leaders, technology experts, and ecosystem stakeholders at B-DIA Bharat Digital Samvad: The Foundation Forum, a national policy forum focused on India’s sovereign digital infrastructure ambitions and the future of trusted digital ecosystems.
The Bharath Digital Infrastructure Association (BDIA) today convened policymakers, industry leaders, technology experts, and ecosystem stakeholders at B-DIA Bharat Digital Samvad: The Foundation Forum, a national policy forum focused on India’s sovereign digital infrastructure ambitions and the future of trusted digital ecosystems.
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