Tata Electronics Launches $3.2 Billion Semiconductor Plant in Assam, Expands India’s Chip Manufacturing Ambitions Tata Electronics has commenced construction on a $3.2 billion semiconductor assembly plant in Jagiroad, Assam, marking a significant step in India’s growing semiconductor industry. The project,…
Ola Electric IPO Sees Strong Demand Despite Falling Grey Market Premium The Ola Electric Mobility IPO witnessed robust interest, achieving a subscription rate of over four times on the third day of bidding. The employee section topped the subscription chart…
Rapido Becomes Unicorn Amid Surge in India’s Space Tech Sector India’s space technology sector has achieved a significant milestone, securing a record-breaking $126 million in funding for 2023. This marks a 7% increase from 2022 and an impressive 235% jump…
Swiggy Instamart Strengthens Leadership with Key Hires from Amazon and Reliance Ahead of IPO Swiggy Instamart, the quick-commerce arm of the IPO-bound food and grocery delivery giant Swiggy, has bolstered its leadership team with significant hires from industry titans Amazon…
AMD and IIT Bombay Partner to Boost Semiconductor Startups in India Global chip giant AMD has announced a strategic partnership with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT Bombay, to support semiconductor startups in India. As…
As the world transitions towards cleaner and more sustainable energy sources, green hydrogen has emerged as a promising solution to decarbonize various sectors of the economy. India is strategically positioning itself as a significant contender in the global green hydrogen…
Gaming industry expected to reach Rs 25,300 crore by the end of 2024–2025: report The Indian gaming industry is set to experience significant growth, expanding by 20% year-on-year to reach Rs 25,300 crore by the end of the 2024-25 financial year,…
Major Indian EV manufacturers to receive powertrains from TEMICO Motor TEMICO Motor India Pvt Ltd has secured significant powertrain orders from major Indian electric vehicle (EV) manufacturers, according to a statement by its parent company, Teco Electric & Machinery Co (東元電機).…
Indian automobile industry expands by 19% in FY24 to reach INR 10.22 lakh cr: Report The Indian automobile industry grew by 19 per cent to Rs 10.22 lakh crore in FY24, driven primarily by the robust expansion of the utility and…
Ashwini Vaishnaw indicates process of drafting the Data Protection law in its advanced stages Minister for Electronics and IT, Ashwini Vaishnaw, announced on Saturday that the drafting of rules under the Data Protection legislation is in its advanced stages, with…