Cabinet Approves Fifth Semiconductor Unit in India with ₹3,307 Crore Investment
內閣批准投資 330.7 億盧比在印度設立第五家半導體工廠
The Union Cabinet has approved Kaynes Semicon’s proposal to set up a semiconductor unit in
Sanand, Gujarat, with an investment of ₹3,307 crore (US$394.15 million), marking the fifth such
unit under the India Semiconductor Mission (ISM). The new facility, which will focus on
assembly, testing, marking, and packaging (ATMP) of semiconductors, aims to produce 6
million chips daily for industries like automobiles, electric vehicles, telecom, and consumer
electronics. This brings the total investment under the ISM to ₹1,52,307 crore (US$18.15
billion). Minister Ashwini Vaishnaw described the semiconductor industry as foundational for
India’s domestic manufacturing ambitions.
Kaynes Semicon’s facility will be built on a 47-50 acre site and is expected to release its first
packaged chip by March 31, 2025. CEO Raghu Panicker said structural tests and soil testing are
complete, with construction set to begin imminently. Kaynes has partnered with global
technology leaders from Malaysia, Taiwan, and Japan for expertise and training and has already
secured three customers, including Singapore-based Lightspeed Photonics. The project is
expected to employ 500 people by March 2025, with 35 key hires and 15 expatriates already
onboard.
https://www.hindustantimes.com/india-news/cabinet-approves-fifth-semiconductor-unit-in-india-
101725290494316.html
小編點評：聯合內閣已批准 Kaynes Semicon 在古吉拉特邦薩南德建立半導體部門的計劃，
投資額為 330.7 億盧比（3.9415 億美元）。該工廠將專注於半導體的組裝、測試、標記和
封裝，目標是每天生產 600 萬顆晶片，為印度的半導體生態系統做出貢獻。建設工作即將
開始，預計將於 2025 年 3 月 31 日推出第一顆封裝晶片，屆時該項目將創造 500 個就業機
會。
Telangana and Tamil Nadu Lead GSDP Growth Among Top 10 Indian States
泰倫迦納邦和泰米爾納德邦 GDP 成長位居印度十大邦之列
Telangana, Tamil Nadu, and Rajasthan have emerged as the fastest-growing economies in FY24
among India’s 10 largest states by gross state domestic product (GSDP), according to data from
the Ministry of Statistics and Programme Implementation (MoSPI). Telangana, the ninth-largest
state, posted a GSDP growth of 9.2%, reaching ₹7.9 lakh crore, surpassing the national GDP
growth rate of 8.2%. Tamil Nadu, the third-largest state, grew its economy by 8.2% to ₹15.7 lakh
crore, while Rajasthan, in seventh place, saw an 8% growth.
Sectoral analysis shows the services sector played a critical role in the growth of these states,
with Tamil Nadu’s services sector contributing 52% to the state’s gross value added (GVA) and
growing at 9%, while Telangana’s services sector, holding a 63% share, grew 11%. Maharashtra,
despite being the largest economy at ₹24.1 lakh crore GSDP, saw its services sector growth slow
to 9%, a dip from 13% in FY23. Gujarat is expected to retain its second spot based on budget
estimates, while Uttar Pradesh and Karnataka are nearly tied in the fourth and fifth positions,
respectively.
https://www.thehindubusinessline.com/data-stories/data-focus/telangana-and-tamil-nadu-top-in-
gsdp-growth-among-the-largest-states/article68601808.ece
小編點評：泰倫迦納邦和泰米爾納德邦成為2024 財年印度10 個最大邦中GDP 成長表現最
好的地區，其中泰倫迦納邦達到9.2% 的成長，泰米爾納德邦達到8.2%的增長。這些邦的
強勁成長主要得益於其充滿活力的服務業，超過了全國 8.2% 的 GDP 成長率，凸顯了其強
勁的經濟動力。
Reliance Jio’s Ambitious AI Strategy Set to Challenge Big Tech Dominance
Reliance Jio 雄心勃勃的人工智慧策略將挑戰大型科技公司的主導地位
Reliance Jio, led by Mukesh Ambani, is positioning itself as a deep tech company with a bold
focus on artificial intelligence (AI), aiming to disrupt the stronghold of global tech giants.
Following its success in revolutionizing India’s telecommunications sector, Jio has introduced
100GB of free cloud storage to challenge Google One and Apple’s iCloud, a move likely to
shake up the cloud storage market. While this offering may pressure competitors to lower prices,
experts like Neil Shah of Counterpoint Research note that integrating Jio Cloud into existing app
ecosystems dominated by Google and Apple will be a significant challenge. Moreover, Reliance
plans to leverage data from its cloud services, including features like call recording and
transcription, to gather Indic language data for training its AI models, with an emphasis on user
consent.
Jio’s AI ambitions are further bolstered by plans to build a Gigawatt-scale AI-ready data centre
in Jamnagar, Gujarat, powered by renewable energy. This ₹25,000 crore facility is expected to
surpass the combined capacity of all data centres in India, though it may take up to three years to
become operational. Experts like Sameer Dhanrajani of AIQRATE emphasize the importance of
partnerships with global AI leaders such as OpenAI, Meta, and Google to compete with
hyperscalers like AWS and Azure. As India’s public cloud market is projected to reach $26.1
billion by 2027, Reliance’s entry as a cloud player provides a domestic alternative for enterprises
seeking to diversify their cloud strategies, potentially reshaping the tech landscape in India.
小編點評：穆克什·安巴尼 (Mukesh Ambani) 領導下的 Reliance Jio 旨在透過積極追求人工智
慧和雲端儲存創新來顛覆全球科技巨頭的主導地位。該公司推出了 100GB 的免費雲端儲
存空間，以與 Google One 和蘋果的 iCloud 競爭，同時還計劃在古吉拉特邦建立一個大型
人工智慧就緒資料中心，以增強其能力。 Jio 的策略包括利用數據進行人工智慧開發，並
尋求與全球技術領導者建立合作夥伴關係，以挑戰成熟的雲端供應商，隨著公有雲市場的
成長，可能會重塑印度的技術格局。
India Increases Chip Production Incentives to $15 Billion Amid Push for Semiconductor
Self-Reliance
印度將晶片生產激勵措施提高至 150 億美元，推動半導體自力更生
The Indian government is set to raise its chip manufacturing incentive policy, boosting the
funding outlay for the second phase to $15 billion, up from the $10 billion allocated in the first
phase. This increase coincides with Tata Group’s ongoing construction of India’s first
commercial semiconductor fabrication plant, in collaboration with Taiwan’s Powerchip
Semiconductor Manufacturing Corporation (PSMC), a project estimated to cost over ₹91,000
crore. In addition, three Assembly, Testing, Marking, and Packaging (ATMP) and Outsourced
Semiconductor Assembly and Test (OSAT) plants have been approved, including facilities by
Micron Technology, Tata Group, and CG Power in partnership with Japan’s Renesas
Electronics, with total investments surpassing ₹1.48 lakh crore.
These government-backed initiatives are part of India’s strategic effort to reduce dependence on
foreign chipmakers and strengthen its semiconductor supply chain amid global geopolitical
tensions. While India’s current chip production is minimal, the government’s substantial
subsidies and state incentives like discounted land and electricity rates are expected to attract key
investments. However, the Tata-PSMC plant will not produce advanced node chips due to
technological limitations, an area where companies like Taiwan’s TSMC hold a significant edge.
Despite these challenges, establishing domestic chip fabrication is critical to India’s economic
and strategic goals, spanning industries from aerospace to consumer electronics.
https://swarajyamag.com/news-brief/india-plans-to-raise-the-stakes-in-chip-production-with-
new-15-billion-incentives
小編點評：印度在半導體推動第二階段將其晶片製造激勵措施從先前分配的 100 億美元增
加到 150 億美元。這項推動支持塔塔集團與台灣力晶半導體製造公司合作建造印度第一家
商業半導體製造工廠，同時也獲得了更多大公司批准的幾間 ATMP 和 OSAT 工廠。儘管面臨著不生產先進節點晶片的挑戰，但這些舉措旨在減少對外依賴並增強印度的半導體能
力，影響從航空到消費性電子產品的一系列產業。
India and Singapore to Sign Landmark Semiconductor Pact During PM Modi’s Visit
印度和新加坡將在莫迪總理訪問期間簽署半導體協議
India and Singapore are poised to ink a major agreement on semiconductor cooperation during
Prime Minister Narendra Modi’s visit to Singapore on September 4-5. PM Modi will meet with
Singapore’s newly elected President Tharman Shanmugaratnam and Prime Minister Lawrence
Wong as part of the trip. The pact aims to boost collaboration in the semiconductor sector, a
critical area of focus for both nations, as India continues to strengthen ties with global partners to
build a robust semiconductor ecosystem.
This agreement comes amid India’s growing efforts to collaborate with key players like the US,
Taiwan, and the EU in the semiconductor space. Notable initiatives include a partnership
between Purdue University and the India Semiconductor Mission, and a joint venture between
Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC),
which has led to the construction of India’s first commercial semiconductor fab in Dholera,
Gujarat. The new pact with Singapore is expected to further enhance India’s global footprint in
semiconductor manufacturing.
https://www.wionews.com/india-news/india-singapore-to-sign-pact-on-semiconductors-during-
pm-modis-visit-755029
小編點評：印度和新加坡將於 9 月 4 日至 5 日總理莫迪訪問新加坡期間簽署一項重要的半
導體合作協議，旨在加強這一關鍵領域的聯繫。該協議加上與美國、台灣和歐盟的現有合
作，預計將進一步鞏固印度在全球半導體生態系統中的地位。
Southern Indian States Compete to Attract Foxconn’s ‘Foxconn City’ with Massive Land
Offers印度南部各州競相推出巨額土地以吸引富士康建設「富士康城」
Foxconn, a leading global electronics manufacturer and key supplier for Apple, is being courted
by multiple Indian states to set up large-scale industrial facilities akin to its ‘Foxconn City’ in
China. Telangana has proposed a 2,000-acre site for the project, with the state’s IT and industries
minister, Duddilla Sridhar Babu, revealing that Foxconn’s subsidiaries and suppliers from
Taiwan, China, and the US could potentially set up operations there. Andhra Pradesh and
Karnataka are also competing for Foxconn’s attention, with Andhra Pradesh offering 2,500 acres
for an industrial park, while Karnataka has proposed 300 acres for a supplier park.
Foxconn’s interest in India continues to grow, with its chairman, Young Liu, expressing plans for
an ‘industrial township’ near Chennai during a recent event in Tamil Nadu. The precise locations
of the land offers from Andhra Pradesh and Karnataka have not yet been disclosed. With
Foxconn expanding its presence in India, the competition among southern states highlights the
importance of securing large-scale investments to boost local manufacturing and create jobs in
the region.
https://timesofindia.indiatimes.com/business/india-business/foxconn-city-similar-to-china-
coming-up-in-india-soon-southern-states-vie-for-apples-iphone-makers-
attention/articleshow/112859889.cms
小編點評：印度南部各邦正在激烈競爭，以吸引富士康規劃中的「富士康城」，泰倫迦納
邦提供了2,000 英畝的土地，安得拉邦提議提供2,500 英畝的土地用於工業園區，卡納塔卡
邦則提議提供300 英畝的土地用於供應商園區。富士康董事長劉揚也表示有興趣在金奈附
近建立一個“工業小鎮”，這反映出該公司在印度不斷擴大的業務。這種激烈的競爭凸顯
了獲得如此大規模投資以增強當地製造業和創造就業機會的戰略重要性。