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Smartphone industry set for smart growth in New Year; shipments likely to touch 190-200 mln The Indian smartphone industry is estimated to ship 190-200 million units by 2022, and 5G device shipments are expected to increase by 129% year-on-year from 28 million in 2021 to about 64 million in 2022...

IBEF December 30, 2021

Intel planning semiconductor manufacturing unit in India as govt rolls out incentives Global chipmaker Intel is aiming to open a semiconductor manufacturing facility in India, shortly after the Union Cabinet authorised a Rs. 76,000 crore (US$ 10.2 billion) policy boost for the country's semiconductor and display manufacturing...

IBEF December 29, 2021

India has added nearly 40 unicorns in last 50 weeks in the Startup world: Shri Ajay Sawhney, Secretary, MeitY "India added about 40 unicorns in the previous 50 weeks in the world of startup," said Mr. Ajay Sawhney, Secretary, Ministry of Electronics and Information Technology (MeitY)....

Press Information Bureau December 16, 2021

Cabinet approves Rs 76,000-cr PLI scheme for semiconductor manufacturing The Union Cabinet approved a Rs 76,000 crore (US$ 9.95 billion) production linked incentive (PLI) scheme for semiconductor manufacturing over the next 5-6 years....

IBEF December 16, 2021

India's Tata in talks to set up US$ 300 million semiconductor assembly unit Tata group is in talks with three states to invest up to US$ 300 million to set up a semiconductor assembly and test unit....

IBEF November 29, 2021
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