Job creation and skill development top the agenda, ETManufacturing
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Karnataka signs MoU with Jupiter Meta for study to boost start-up ecosystem
The state government on Saturday signed a Memorandum of Understanding (MoU) with data and insights-led firm Jupiter Meta to undertake a large-scale, founder-led research initiative aimed at strengthening and future-proofing the state’s startup ecosystem.
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Higher ECMS outlay, ISM 2.0 signal renewed focus on electronics ecosystem
The Union Budget 2026-27’s decision to increase the outlay for the less-than-a-year-old Electronics Component Manufacturing Scheme (ECMS), along with the announcement of the next phase of the India Semiconductor Mission (ISM), signals a renewed focus on enhancing India’s position in the global electronics and semiconductor supply chain ecosystem, industry executives and experts said.
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Indian Semiconductor Mission (ISM) Delegation Visits NX Group Building
NIPPON EXPRESS HOLDINGS, INC. welcomed a delegation from the India Semiconductor Mission (ISM), an initiative overseen by the Ministry of Electronics and Information Technology of the Government of India, to the NX Group Building on Wednesday, December 17 for an exchange of views on forming a strategic partnership to build logistics and warehouse infrastructure for India’s semiconductor sector and establish a world-class logistics hub in the Dholera area of the Indian state of Gujarat.
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India Launches Semiconductor Mission 2.0 to Bolster Chipmaking Ecosystem
Finance Minister Nirmala Sitharaman announced the launch of India Semiconductor Mission (ISM) 2.0 in the Union Budget 2026-27, marking a strategic push to elevate the country’s capabilities in semiconductor production.The initiative builds directly on ISM 1.0, shifting focus toward high-value segments including the manufacturing of semiconductor equipment and materials. It also prioritizes the development of full-stack Indian intellectual property and the fortification of domestic supply chains.
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Budget 2026: Auto & Components Get Policy Continuity and Longer-Run Relief
Budget 2026 strengthens the “future-ready” manufacturing stack behind next-generation vehicles. The India Semiconductor Mission will advance through ISM 2.0 to build domestic capability in equipment and materials, develop full-stack Indian IP, and create industry-led R&D and training centers. The Electronics Components Manufacturing Scheme, launched in April 2025, is proposed to be scaled up with the outlay raised from ₹22,919 crore to ₹40,000 crore, reflecting strong investment traction. To secure EV-era inputs, the Rare Earth Permanent Magnets initiative will be supported through dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu to promote mining, processing, R&D and manufacturing.
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Priyank Kharge Announces Bengaluru GAFX 2026, Spotlights Karnataka’s Expanding Creative Economy
The Government of Karnataka, in association with the Association of Bangalore Animation Industry (ABAI) and Startup Karnataka, on Sunday announced the seventh edition of Bengaluru GAFX 2026, Asia’s largest annual conference and exhibition for animation, visual effects, gaming, comics, XR and immersive content. The event will be held from February 27 to March 1, 2026, at Hotel Lalit Ashok in Bengaluru.
Seventh edition of Bengaluru GAFX to be held on Feb 27
The Karnataka government on Monday announced the seventh edition of Bengaluru GAFX, one of the country’s largest AVGC-XR conferences and exhibitions.
Supported by the state government in collaboration with the Association of Bangalore Animation Industry and Startup Karnataka, the event will be held from February 27 to March 1 here.
It is expected to bring together creators, studios, technologists, investors, and industry leaders from across the global media and entertainment ecosystem.
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India’s GenAI boom: 7 states driving most startup activity
India’s Generative Artificial Intelligence (GenAI) ecosystem is growing fast, with over 890 GenAI startups operating across the country in 2025. However, this growth is not evenly spread. A small group of states accounts for the bulk of GenAI startup activity, highlighting where talent, capital and tech ecosystems are most concentrated.
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GAFX 2026: Karnataka bets big on AI-driven creativity
Positioning Bengaluru as India’s global hub for animation, visual effects, gaming and extended reality (AVGC-XR), the Government of Karnataka on Monday announced Bengaluru GAFX 2026 with a strong push towards AI-driven creativity and next-generation storytelling.
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