India’s startup story is entering a new phase one that is no longer driven only by quick commerce, consumer apps or urban internet businesses, but by deeper technological ambition, manufacturing capabilities, and long-term national priorities.
India may allocate a larger capital incentive package for the second edition of the India Semiconductor Mission (ISM 2.0), exceeding the previous $10 billion outlay, according to Ashok Chandak, president of the India Electronics and Semiconductor Association.
ISM 2.0 may get higher outlay than initial $10 billion incentive package: IESA Read More »
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.
India considers longer ISM phase to strengthen chip supply chains Read More »
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.
Tamil Nadu CM Vijay meets Japanese MinebeaMitsumi over ₹1,980 crore semicon project Read More »
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.
India to witness high memory chip prices for next 18 months: IESA President Read More »
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.
Karnataka invites fresh applications under startup grant program Read More »
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