PG Electroplast Limited, through its wholly owned subsidiary PG Technoplast Private Limited, has acquired a 50-acre land parcel in Sri City, Andhra Pradesh. The company plans to invest INR 10 billion over the next five years to develop an integrated manufacturing campus, marking its first facility in South India and its largest land acquisition to […]
Nothing, a London-based technology company, has entered a joint venture with Indian electronics manufacturer Optiemus Infracom to develop India as a global production and export hub for CMF and Nothing products. Under this partnership, the two companies plan to invest more than USD 100 million and create over 1,800 jobs in India within three years. […]
Synopsys, Inc. has inaugurated a new research and development facility in Bengaluru as part of its 30-year operations in India. The facility, located at Bagmane Capital, spans more than 455,000 square feet and will support work in electronic design automation (EDA), semiconductor IP, verification, and system design solutions. The inauguration was attended by Synopsys president […]
MIC Electronics Ltd has signed a Memorandum of Understanding with Singapore-based Top2 PTE Ltd to identify and finalise a semiconductor fabrication partner from Taiwan. The companies plan to explore the feasibility of starting semiconductor wafer production in India with a proposed monthly capacity of 25,000 to 30,000 wafers, subject to negotiations and regulatory approvals. Alongside […]
Arm, a semiconductor and software design company, has inaugurated a new facility in Bengaluru, called The Impact Hub, which will focus on semiconductor research and development, including the design of chips at the advanced two-nanometre node. The centre was opened on 16 September in the presence of Rene Haas, CEO of Arm, and Ashwini Vaishnaw, […]
ASM Technologies Limited has signed a Memorandum of Understanding with the Government of Tamil Nadu to invest INR 2.5 billion in the state for expanding its design-led manufacturing capabilities in the Electronics System Design and Manufacturing (ESDM) sector. The company will acquire 5 acres of land from the state government to set up a new […]
Cyient Semiconductors has entered into a strategic partnership with Anora to expand turnkey test and validation solutions for semiconductor product development. As part of the collaboration, the companies will set up a semiconductor validation and production test floor in Bangalore, India, with clean room capabilities and equipment for volume production. The Bangalore facility will include […]
Paras Defence and Space Technologies has secured incremental orders worth approximately INR 266 million, including taxes, from Opto Electronics Factory (OLF), a unit of India Optel Ltd under the Ministry of Defence. The orders are for the supply of electronic control systems used in thermal imaging fire control systems (TIFCS) for battle tank applications delivered […]
Zettaone Technologies India Pvt. Ltd. will establish a new Electronics System Design and Manufacturing (ESDM) facility in Krishnagiri, Tamil Nadu with an investment of INR 1 billion. The 100,000 sq. ft. facility will support original design manufacturing operations such as PCB assembly, box build, sheet metal, plastic moulding, and potential semiconductor packaging and is expected […]
Amber Enterprises, a manufacturer of consumer durable components and solutions, announced plans to invest INR 2 billion to establish a Quantum Cryogenic Components Facility in Amaravati, Andhra Pradesh. The project will be developed in phases and will form part of the Amaravati Quantum Valley initiative. The facility will manufacture advanced cryogenic components required for superconducting […]