India Slips to Fourth Place in Asia-Pacific Investment Rankings Amid Semiconductor Boom Elsewhere
印度在亞太投資排名中跌至第四名，半導體熱潮轉向其他市場
India has dropped to fourth position among Asia-Pacific’s top investment destinations, according to a recent Bank of America (BofA) survey cited by The Economic Times. This marks a significant shift from its earlier lead, as the Nifty index remains rangebound with no clear breakout. Japan has surged ahead “by a distance,” followed by Taiwan and South Korea, largely due to renewed investor interest in semiconductor markets. BofA data shows only 10% of global fund managers are currently overweight on India, compared to 32% for Japan, 19% for Taiwan, and 16% for South Korea. The semiconductor rebound and optimism over South Korea’s policy reforms are key reasons for this reallocation of capital. Meanwhile, India’s IT sector struggles, with BofA’s India IT services indicator falling to a 20-month low, adding to investor caution.
Market experts suggest India’s consolidation is due to a lack of fresh domestic or global triggers. While an interim India-US trade deal has failed to excite markets, any surprise in lower-than-expected tariff rates could act as a breakout catalyst. Despite the headwinds, analysts at Prabhudas Lilladher highlighted India’s underlying market strength amidst global disruptions like tariff wars and regional conflicts. For non-Indian companies, particularly those in tech and semiconductor supply chains, this shift in investment preference signals an opportunity to align with capital flows in Japan, Taiwan, and South Korea—markets currently experiencing tailwinds from industry-specific cycles and policy momentum.
https://www.msn.com/en-in/money/markets/india-s-stock-market-slips-to-fourth-in-apac-investor-rankings-fund-managers-pivot-to-semiconductor-wave-report/ar-AA1ITGzS
小編點評：隨著全球資本因半導體熱潮及政策利多而轉向日本、台灣與南韓，印度在亞太投資目的地中跌至第四名。儘管印度 IT 產業放緩、缺乏新的市場催化因素，分析師仍指出印度市場具有一定韌性，並可能因關稅政策意外或全球性干擾而迎來上行空間。
Trump Hints at Imminent Trade Deal with India Amid Broad Tariff Push
川普暗示即將與印度達成貿易協議，背景是美國大規模關稅行動
U.S. President Donald Trump has signaled the possibility of a forthcoming trade agreement with India, following recent moves to impose sweeping tariffs on imports from multiple countries. In a meeting at the White House with Bahrain’s Crown Prince, Trump noted that while the U.S. will “probably live by the letter” on tariffs with Japan, a deal with India may be on the horizon. This comes just a day after announcing an agreement with Indonesia. As of August 1, 25% tariffs on imports from Japan and South Korea will take effect, and smaller nations will receive notices enforcing over 10% tariffs under a uniform structure. Trump emphasized that negotiations are limited with the “150 smaller countries,” indicating a shift in U.S. trade focus.
Trump’s aggressive tariff strategy, part of a broader realignment of U.S. trade policy, has disrupted long-standing global trade norms and fueled inflation concerns. While India faces a proposed 26% tariff rate, ongoing discussions in Washington with an Indian trade delegation suggest efforts to mitigate these measures through a potential deal. For non-Indian companies—particularly those operating in Asia or involved in U.S.-bound exports—Trump’s tariff escalation and deal-making signal rising trade uncertainty. Businesses may need to reassess supply chains and export strategies, especially if they rely on favorable U.S. market access under existing rules.
小編點評：美國總統川普在對多國進口商品施加大規模關稅（其中對印度的提議稅率為26%）之際，暗示美印即將達成貿易協議，顯示美國貿易優先順序正在調整。隨著談判持續進行，依賴出口至美國的全球企業面臨愈來愈高的不確定性，被迫重新評估其供應鏈與市場策略。
India Celebrates 10 Years of Digital Empowerment Through CSCs, Announces Major AI and Governance Push
印度慶祝 CSC 十週年數位賦權成果，宣布重大 AI 與治理升級計畫
Common Service Centre (CSC) e-Governance Services India Ltd, under the Ministry of Electronics and Information Technology, marked the 10th anniversary of the Digital India initiative with a major celebration at the Yashobhoomi Convention Centre in New Delhi. Union Ministers Shri Ashwini Vaishnaw and Shri Jitin Prasada lauded the achievements of over 5.5 lakh CSCs and their Village Level Entrepreneurs (VLEs), who have brought digital and government services to nearly 90% of Indian villages. The ministers announced free AI training for 10 lakh people—prioritizing VLEs—along with expanded IRCTC ticketing, agricultural integration, and state IT partnerships. Success stories from women VLEs in remote areas, like Manjulata from Odisha and Rose Angelina from Meghalaya, highlighted the grassroots transformation powered by digital access.
CSC Day celebrations extended nationwide from July 1–16, culminating in high-level discussions on e-governance and rural digitization at Bharat Mandapam. Launched in 2015, Digital India has since propelled the country into the world’s top three digital economies, with CSCs providing services ranging from banking and telemedicine to education and legal aid. For non-Indian companies, this transformation presents major partnership opportunities in sectors like fintech, agritech, healthtech, cybersecurity, and AI training. Collaborating with India’s expansive CSC network could offer a strategic entry point to access rural markets, test scalable solutions, and align with a rapidly digitizing population of 1.4 billion.
https://www.pib.gov.in/PressReleasePage.aspx?PRID=2145349
小編點評：印度慶祝「數位印度」計畫十週年，重點展示超過 55 萬個 CSC 為全國 90% 村落提供數位服務的成果，並宣布為 100 萬人提供免費 AI 訓練。這項里程碑顯示，在金融科技、農業科技、健康科技與 AI 等領域，全球企業可在印度快速數位化且廣大的鄉村市場中找到重大合作機會。
India Launches First IICT Campus in Mumbai to Advance VFX, Gaming, and XR Talent
印度於孟買啟用首座 IICT 校區，發展 VFX、遊戲與 XR 人才
Union Minister for Information & Broadcasting Ashwini Vaishnaw and Maharashtra Chief Minister Devendra Fadnavis inaugurated the first campus of the Indian Institute of Creative Technology (IICT) at the NFDC Complex in Mumbai. Designed to transform India into a global creative-tech hub, IICT will offer specialized training in VFX, post-production, animation, extended reality (XR), and gaming. The first batch will train 300 students, professionals, and trainers, supported by partnerships with global tech giants like Google, Meta, Microsoft, and Apple. A second, eco-sensitive campus is also planned in Maharashtra’s Film City. The launch included unveiling of the IICT logo, 17 industry-aligned courses, the WAVES Bharat Pavilion at Gulshan Mahal, and the Outcome Reports of WAVES 2025’s first edition.
The ministers also oversaw a landmark MoU between Prasar Bharati and Maharashtra’s Film, Stage & Cultural Development Corporation to build a cutting-edge film and TV media hub aimed at boosting innovation and global competitiveness. Chief Minister Fadnavis called the WAVES initiative a global movement, with IICT positioned to fuel India’s creative economy. For non-Indian companies, IICT presents a unique opportunity to collaborate on curriculum development, talent pipelines, and R&D in AVGC-XR sectors. As India scales up its digital content and immersive media capabilities, international studios and tech firms can gain early-mover advantage in co-developing content, tools, and platforms aligned with India’s rapidly expanding media-tech ecosystem.
https://www.newsonair.gov.in/indias-1st-creative-tech-institute-inaugurated-in-mumbai
小編點評：印度在孟買啟用首座「印度創意科技學院」（IICT）校區，致力於培育 VFX、動畫、XR 與遊戲領域人才。該校獲得多家全球科技企業支持，並計畫於影城建立第二座生態友善校區。IICT 被定位為全球創意科技樞紐，為國際企業在課程設計、內容共創及媒體科技創新等領域提供策略性合作機會。
India’s Semiconductor Push Could Cut Imports by $20 Billion, Says McKinsey Report
麥肯錫報告：印度半導體推動計畫可望減少 200 億美元晶片進口
India’s semiconductor mission could reduce the country’s chip import dependence by $10–20 billion, according to a new report by global consultancy McKinsey. The firm emphasized that to unlock this potential, India must blend targeted government incentives with strategic partnerships involving global technology leaders. With the domestic semiconductor market projected to surge from $34.3 billion in 2023 to over $100 billion by 2032, India is poised to become a major player in the global semiconductor value chain. While the country already contributes 20% of the global chip design workforce and hosts R&D centers for global giants, it is now moving towards outsourced semiconductor assembly and testing (OSAT) and legacy-node fabrication, supported by over $10 billion in government incentives.
However, McKinsey cautions that large-scale chip fabrication will remain a gradual journey. India aims to establish fabrication at nodes above 14 nanometers by 2030, while sub-10nm capabilities may take longer due to capital intensity, technology gaps, and supply chain constraints—particularly in ultrapure water, specialty chemicals, and high-purity gases. For non-Indian companies, this evolving landscape offers strategic opportunities to invest in India’s semiconductor infrastructure, forge joint ventures in manufacturing and testing, or supply critical materials and technology. Early engagement could help global players secure a foothold in one of the world’s fastest-growing semiconductor markets.
小編點評：印度的半導體推動計畫可望減少 100–200 億美元的晶片進口需求，並在政府補助與國際合作支持下，使印度半導體市場於 2032 年突破 1000 億美元。雖然大型晶圓製造仍受技術與資源限制而需逐步推進，但全球企業若能及早參與，即可在印度快速擴張的半導體生態系中取得關鍵布局。
AI’s Energy Appetite Shifts India’s Data Centre Growth to Tier-2 Cities
AI 巨量耗能推動印度資料中心向二線城市擴張
The explosive energy demands of AI chips are prompting data centre companies in India to look beyond traditional metro hubs like Mumbai, Chennai, and Noida, and instead invest in tier-2 and tier-3 cities. According to an Economic Times report, firms such as Sify Technologies, CtrlS Datacenters, ESDS Software Solutions, and RackBank are pivoting to cities like Nagpur, Raipur, Chandigarh, Jaipur, Ahmedabad, Lucknow, and Kochi. These locations offer lower real estate costs, state-level incentives, and better scalability, making them attractive for power-intensive AI workloads. Edge data centres—small-scale, localized computing infrastructure—are also gaining traction as companies aim to reduce latency and meet AI processing demands closer to end-users.
While the shift offers better returns and decentralization benefits, challenges persist around ensuring reliable power supply, robust internet connectivity, and the availability of skilled technical talent in smaller cities. For non-Indian companies, this emerging trend presents a strategic opportunity to collaborate in infrastructure development, renewable energy deployment, and AI-focused hardware solutions. Global hyperscalers, chipmakers, and energy solution providers can tap into India’s expanding data centre ecosystem, especially as edge computing and regional AI workloads become increasingly critical to digital transformation across the subcontinent.
小編點評：受 AI 巨量能耗、較低成本與可擴張性優勢帶動，印度資料中心發展正從大都市轉向納格普爾、柯枝等二、三線城市。這項分散化趨勢為全球企業在基礎建設、再生能源與 AI 硬體等領域創造策略性投資機會，儘管當地仍面臨電力穩定性與技術人才不足等挑戰。