Electronics and Semiconductor Push: Budget 2025-26 Sees 48% Hike in MeitY Allocation
電子與半導體推動：2025–26 年度預算中 MeitY（電子與資訊科技部）預算提高 48%
The Indian government has significantly increased funding for the Ministry of Electronics and Information Technology (MeitY) in the Union Budget for FY26, with a 48.16% jump from ₹17,566.31 crore (RE FY25) to ₹26,026.25 crore. This boost is primarily aimed at strengthening electronics manufacturing and semiconductor production in the country. Key policy changes include an increase in basic customs duty (BCD) on Interactive Flat Panel Displays (IFPDs) from 10% to 20%, while reducing it on Open Cells for LCD/LED TVs and various mobile phone components to zero. The Production Linked Incentive (PLI) scheme, crucial for large-scale electronics manufacturing, saw a 55.8% increase in allocation to ₹9,000 crore, with IT hardware manufacturing receiving a nearly fourfold hike. Additionally, funding for semiconductor and display manufacturing has been ramped up by 83.4% to ₹7,000 crore, including more than doubling the budget for setting up semiconductor fabs to ₹2,499.96 crore.
For non-Indian companies, these changes signal a more attractive investment environment with a clearer cost structure. The rationalization of import duties on key inputs could make India a more competitive hub in the global electronics supply chain. Furthermore, the introduction of a presumptive taxation regime for non-resident service providers in the electronics manufacturing sector simplifies tax compliance, potentially encouraging more foreign players to participate in India’s growing tech ecosystem.
小編點評：印度政府在 2025–26 年度聯邦預算中為電子與資訊科技部（MeitY）編列 26,026.25 億盧比，較前一年度增加 48%，重點在於強化電子製造與半導體生產。主要政策變更包括降低手機零組件進口關稅，以及為非本國籍電子製造服務提供者導入推定課稅制度，使印度的投資環境更具吸引力。這些措施塑造更具競爭力的環境，也為外國企業，尤其是來自台灣的公司，提供更多進入印度科技生態系的機會。
India Unveils ₹10,000 Cr Fund of Funds, National GCC Framework to Boost Startups and Tech Sector
印度推出 1 兆盧比母基金與全國 GCC 架構，以促進新創與科技產業
Finance Minister Nirmala Sitharaman has announced a new ₹10,000 crore Fund of Funds (FoF) with an expanded scope to support Indian startups, aiming to reduce reliance on foreign investments and accelerate research and development (R&D) in emerging sectors. The initiative builds on the 2016 FoF, which catalyzed ₹91,000 crore in venture capital commitments. A dedicated DeepTech FoF is also being explored to drive advancements in AI, quantum computing, and semiconductors. Industry leaders welcomed the move, noting that it will provide much-needed capital in a challenging funding environment. Additionally, the IndiaAI Mission received a ₹2,000 crore allocation this year, with plans to establish 20 AI curation units and 80 AI labs across higher education institutes.
In a major push to attract global companies, the government also announced a national framework to guide states in promoting Global Capability Centers (GCCs) in tier-II cities. With 80% of global firms yet to set up GCCs in India, the initiative aims to make India a leading hub for corporate innovation and skilled job creation. This move is expected to attract foreign firms looking to expand their operations while leveraging India’s growing talent pool and infrastructure. For non-Indian companies, these initiatives signal a more structured and investment-friendly environment, making India a key destination for deep-tech innovation and corporate expansion.
小編點評：印度啟動了 1 兆盧比的母基金（Fund of Funds, FoF），以支持新創企業、降低對外資依賴，並推動人工智慧、量子運算及深科技領域的研發。政府同時為 IndiaAI 任務編列 2,000 億盧比，並計畫在高等教育機構中設立 20 個 AI 策展單位與 80 間 AI 實驗室。此外，印度也宣布全國性的「全球能力中心（GCC）」推廣架構，聚焦二線城市，以吸引外國企業，將印度打造為創新與高技能人才培育中心。
Data Centre Market to Triple by 2032, Driven by Infrastructure and Digital Demand
受基礎設施與數位需求帶動，印度資料中心市場將於 2032 年增長三倍
India’s data centre market is set for rapid expansion, projected to grow from ₹38,984 crore (US$ 4.5 billion) in 2023 to ₹1,00,491 crore (US$ 11.6 billion) by 2032, as per the Economic Survey 2024-25. This growth, at an annual rate of 10.98%, is fueled by rising digital adoption, infrastructure development, and India’s cost advantages, including lower construction costs compared to markets like Australia, Japan, and Singapore. The country’s colocation data centre capacity reached 977 MW in 2023, marking a 105% YoY surge, with 1.03 GW under construction for 2024-28 and an additional 1.29 GW in the pipeline. Additionally, under the GI Cloud initiative (MeghRaj), 23 cloud service providers have been empanelled to support government digital infrastructure, with the National Informatics Centre currently hosting 1,917 applications.
For non-Indian companies, India’s growing data centre ecosystem presents significant opportunities for investment, expansion, and partnerships. Lower operational costs, a booming digital economy, and government-backed initiatives make the country an attractive destination for cloud service providers, hyperscale data centres, and global IT firms looking to establish a stronger presence in Asia. As India enhances its digital infrastructure, foreign companies can benefit from tapping into its fast-growing cloud and data management market.
小編點評：印度的資料中心市場預計將從 2023 年的 38,984 億盧比成長到 2032 年的 100,491 億盧比，成長動能來自數位採用率提升、基礎建設發展與成本優勢。印度的共置資料中心容量在 2023 年大增 105%，並有更多專案在建設中。對外國企業而言，印度在政府政策與快速成長的數位經濟支持下，提供雲端服務與資料中心領域的重要投資機會。
India to Develop Indigenous GPU, Launch AI Compute Facility Amid Global AI Race
印度將自研 GPU、推出 AI 運算設施，以參與全球 AI 競賽
India is set to develop its own Graphics Processing Unit (GPU) within the next three to five years, alongside a domestic large language model (LLM) under the ₹10,370 crore IndiaAI Mission, according to Union IT Minister Ashwini Vaishnaw. The move comes amid concerns over India’s AI competitiveness, especially after the rise of Chinese AI startup DeepSeek. The government has partnered with six developers to build an India-centric AI model tailored to local languages and cultural contexts. Additionally, the government has selected 18 AI-based applications in fields like agriculture and climate change for funding. To accelerate AI research, the government has procured 18,000 high-end GPUs, with 10,000 already available for rollout in the coming days.
For non-Indian companies, these initiatives signal India’s intent to establish itself as a key player in AI and semiconductor manufacturing, reducing dependence on foreign hardware. The launch of a common GPU compute facility, with access rates as low as ₹150 per hour and a 40% subsidy for end users, presents opportunities for global AI firms, cloud providers, and semiconductor manufacturers looking to collaborate or expand in India’s rapidly growing tech ecosystem. Additionally, the new presumptive taxation regime for non-residents in electronics manufacturing could incentivize foreign experts and companies to invest in India’s semiconductor and AI ambitions.
小編點評：印度計畫在 10,370 億盧比的 IndiaAI 任務下，自行研發 GPU 與大型語言模型。政府已採購 18,000 顆高階 GPU，並與六家開發者合作打造符合印度語言與文化脈絡的 AI 模型。對外國企業而言，印度推出的低至每小時 150 盧比的 GPU 運算平台，提供 AI 與半導體合作的絕佳機會。
AI-Driven Semiconductor Demand to Reach 28% by 2026: Report
報告：受 AI 推動，印度半導體需求將於 2026 年達 28%
India’s semiconductor demand is projected to surge to 28% by the end of 2026, nearly matching the global demand of 29%, as per a report by the Capgemini Research Institute (CRI). The study highlights that 96% of Indian downstream firms foresee increased demand for AI chips and custom silicon chips, surpassing global expectations of 88% and 81%, respectively. Additionally, 82% of Indian companies anticipate higher demand for memory-intensive chips like HBM and GDDR6. Advancements in AI/ML acceleration (50%) and GPU computing (45%) are seen as the most crucial semiconductor innovations, while enhanced security, comprehensive APIs, and greater customization rank as top technology priorities.
The report suggests that India’s semiconductor ecosystem is evolving rapidly, with 54% of downstream organizations already utilizing custom silicon chips, close to the global average of 56%. This growing demand signals opportunities for international semiconductor firms to cater to the Indian market, particularly in AI-driven solutions. As 52% of Indian firms express confidence in the semiconductor industry’s ability to innovate at a pace that meets future needs, global companies could benefit from aligning their strategies with India’s fast-growing AI and semiconductor landscape.
小編點評：報告指出，受 AI 晶片與客製化晶片需求推動，印度半導體需求將於 2026 年達到 28%。報告同時指出，印度企業高度採用 AI/ML 加速器、GPU 運算與高記憶體需求的晶片，使全球半導體企業在印度快速成長的科技生態中擁有巨大的商機。
India Aims to Become Global Toy Manufacturing Hub with New Action Plan
印度推出新行動計畫，目標成為全球玩具製造樞紐
India’s toy industry received a significant boost as Finance Minister Nirmala Sitharaman, in her Budget 2025 presentation, announced a national action plan to position the country as a global leader in toy manufacturing. The initiative includes setting up dedicated toy manufacturing clusters and promoting eco-friendly, sustainable toys under a recognized Indian brand, aligning with the ‘Make in India’ vision. Following the announcement, shares of Ok Play India rose by 2.10% to Rs 17, reflecting investor confidence in the government’s commitment to the sector. The initiative is expected to generate 22 lakh new jobs, reducing unemployment and expanding livelihood opportunities.
The plan also aims to enhance India’s export potential, with toy exports projected to surpass Rs 1.1 lakh crore, contributing over Rs 400 crore in revenue to the economy. For international companies, this move signals a growing market for toy-related investments, joint ventures, and supply chain collaborations in India. With dedicated clusters and skill development programs, global toy manufacturers and retailers may find new opportunities to partner with Indian producers and leverage the country’s expanding toy industry.
小編點評：印度 2025 年度預算提出全國行動計畫，旨在將印度打造為全球玩具製造重鎮，重點包含永續與環保玩具，以及設立專屬製造園區。此計畫預期可創造 220 萬個就業機會，並大幅提升玩具出口額。對國際企業而言，這代表在投資、合資、供應鏈合作等領域的多項新機會。