Tata Electronics Launches $3.2 Billion Semiconductor Plant in Assam, Expands India’s Chip Manufacturing Ambitions
塔塔電子斥資 32 億美元在阿薩姆邦設立半導體工廠，擴大印度晶片製造野心
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, which is expected to become operational by 2025, will produce over 48 million chips daily using domestically developed technologies. With an anticipated creation of 27,000 jobs initially, the plant’s foundation stone was laid this month. Central government minister Ashwini Vaishnaw highlighted the broader economic impact of the plant, noting that it would spur downstream employment and upstream development across various sectors, including electric vehicles.
In parallel, Tata Electronics, in collaboration with Taiwan’s PSMC, is also establishing India’s first wafer fabrication unit in Dholera, Gujarat. The Dholera plant, with an investment of $10.8 billion, will have the capacity to produce 50,000 wafers per month. Expected to begin operations in December 2026, this plant is part of the Indian government’s broader strategy to boost semiconductor manufacturing, alongside two other semiconductor projects approved in February at a total cost of $15 billion. These initiatives underline India’s ambitions to become a global semiconductor hub.
https://evertiq.com/news/56185
小編點評：Tata Electronics 已開始在阿薩姆邦 Jagiroad 建造一座耗資 32 億美元的半導體組裝廠，預計到 2025 年每天生產超過 4800 萬顆晶片，並創造 27,000 個就業機會。同時，塔塔電子和台灣PSMC 正在古吉拉特邦Dholera 開發印度首個晶圓製造廠，投資108 億美元，計劃於2026 年12 月開始運作。反映了印度成為印度第二大半導體製造商的雄心。
India Set to Narrow Gap with China in MSCI Emerging Markets Index, Gains Global Investor Attention
印度將縮小與中國在MSCI新興市場指數的差距，吸引全球投資人關注
India is poised to close the gap with China in the MSCI Emerging Markets Index, potentially increasing its weight by at least one percentage point following this week’s index review. Currently, China holds 22.33% of the benchmark compared to India’s 19.99%. A higher weighting for India would enhance its position as a key anchor for emerging market equities, attracting more global investment. Analysts suggest this shift could make the index more balanced, with India’s secular growth story receiving a larger allocation compared to more cyclical markets like China and Korea.
This development comes as China’s influence in the MSCI EM Index has diminished, down from a peak of 40% in 2020, amid regulatory crackdowns and economic challenges. Meanwhile, India has emerged as a favorite among investors, driven by strong economic growth, a rising middle class, and expanding manufacturing sector. As India’s stock market rises and new large listings increase, the gap between India and China in the MSCI Index is expected to narrow further by year-end, even as Taiwan also competes for a larger share in the index.
小編點評：印度將在摩根士丹利資本國際新興市場指數中縮小與中國的差距，在即將到來的審查中其權重可能會增加至少一個百分點，從而增強其對全球投資者的吸引力。隨著中國的影響力因監管和經濟問題而減弱，印度不斷增長的經濟實力和不斷擴大的股市使其成為該指數中更重要的參與者。
Polymatech Acquires Nisene Technology to Lead Semiconductor Industry Innovation
印度晶片廠Polymatech 收購 Nisene Technology 引領半導體產業創新
Polymatech Electronics, India’s leading semiconductor chip manufacturer, has acquired California-based Nisene Technology Group Inc. in a strategic move to bolster its position in advanced semiconductor fabrication and testing. The acquisition, made through Polymatech’s Singapore-based subsidiary, Artificial Electronics Intelligent Materials Pte Ltd., merges Nisene’s 50-year legacy in Silicon and Silicon Carbide wafer technology with Polymatech’s expertise in Sapphire-based semiconductors. This combination creates a unique multi-wafer technology, positioning Polymatech as a global leader in the semiconductor industry.
Polymatech plans to invest up to $500 million in its California facilities, focusing on the production of Silicon Carbide and Sapphire wafers, alongside high-performance CPUs and GPUs for PCs and mobile devices. The company aims to reach a top line of $5 billion by 2030, driven by its philosophy of doubling processing power and halving costs every 18 months. With the integration of Nisene’s innovative legacy, Polymatech is set to develop the next generation of semiconductors, enhancing human experiences through advancements like autonomous driving and machine learning.
小編點評：印商Polymatech Electronics 收購了總部位於加州的 Nisene Technology Group Inc.，旨在加強其在先進半導體製造和測試領域的地位。此次策略性收購將 Nisene 在矽和碳化矽晶圓方面的專業知識與 Polymatech 的藍寶石技術相結合，創造了一個獨特的多晶圓平台。 Polymatech 計劃在其加州工廠投資最多 5 億美元，以促進生產和創新，目標是到 2030 年達到 50 億美元的營收。
Motherson Poised to Join Apple’s India Supply Chain with Rs 2,500-Crore Investment in Partnership with BIEL Crystal
印商Motherson 準備與香港商 BIEL Crystal 合作，投資 250 億盧比加入蘋果印度供應鏈
The Motherson Group is set to enter Apple’s expanding supply chain in India through a strategic partnership with Hong Kong-based BIEL Crystal Manufactory, a major supplier of smartphone glass. This move would make Motherson, led by Vivek Chaand Sehgal, the second significant Indian company to become an Apple vendor, following Tata. The 51:49 joint venture, with Motherson holding the majority stake, plans to establish a new manufacturing facility in southern India, likely Tamil Nadu, with an investment of Rs 2,000-2,500 crore. The venture aims to achieve a turnover of Rs 8,000-8,500 crore within four to five years and is expected to launch operations by the July-September quarter.
This partnership highlights Apple’s ongoing efforts to diversify its production bases beyond China, driven by rising geopolitical tensions. As part of the agreement, BIEL Crystal will invest in Motherson’s subsidiary, Motherson Electronic Components Pvt Ltd (MECPL), and provide technical and technological support. The collaboration is set to enhance India’s role in Apple’s supply chain, with both Motherson and BIEL playing key roles in the production of glass screens for mobile devices, including iPhones.
小編點評：Motherson Group 準備投資 250 億盧比與 BIEL Crystal Manufactory 成立合資企業，加入蘋果在印度的供應鏈。新工廠將於印度南部建立，目標是在四到五年內實現營業額 800至850 億盧比，預計將於 2024 年中期開始營運。這項合作凸顯了蘋果將生產從中國轉移出去的策略，Motherson 和 BIEL 專注於生產 iPhone 和其他裝置的玻璃螢幕。
Reliance Industries to Launch First Solar Giga-Factory by FY25, Aims for 100 GW Renewable Capacity by 2030
Reliance Industries 將在 2025 財年推出首座太陽能超級工廠，目標是到 2030 年實現 100 吉瓦再生能源裝置容量
Reliance Industries Ltd is set to commission its first solar giga-factory by the end of the fiscal year 2024-25, marking a significant step in its journey towards achieving net zero carbon emissions by 2035. The factory, located in Jamnagar, Gujarat, will manufacture a range of solar PV components, including modules, cells, wafers, ingots, polysilicon, and glass. This project is part of Reliance’s broader $10 billion investment plan announced in 2021, aiming to establish 100 GW of renewable power capacity by 2030 through four giga factories dedicated to renewable energy equipment, battery storage, fuel cells, and hydrogen.
The company is also making strides in battery technology, targeting industrial-scale sodium-ion cell production by 2025 and a pilot lithium battery cell facility by 2026. In its annual report, Reliance emphasized the urgency of transitioning from fossil fuels to renewable energy to reduce costs and reliance on imports. With the solar giga-factory and a series of renewable projects on the horizon, Reliance is positioning itself as a global leader in the renewable energy sector, alongside giants like Enel, Iberdrola, and TotalEnergies.
小編點評：Reliance Industries Ltd 將於2024-25 財年末在古吉拉特邦賈姆訥格爾啟動其第一家太陽能超級工廠，這標誌著其到2035 年實現淨零碳排放目標取得了重大進展。Reliance也將進軍太陽能光伏組件，作為一項100 億美元的投資計劃，到2030 年達到100 吉瓦的可再生能源產能。2026 年建立試點鋰電池工廠，將自己定位為再生能源領域的全球領導者。
Government to Launch Incentives for Mobile Phone Parts Production, Aiming to Boost Local Manufacturing Ecosystem
政府將推出手機零件生產獎勵措施，旨在促進本地製造生態系統
The Indian government is planning to introduce a new incentive scheme targeting the production of 12 key component sub-assemblies used in mobile devices, as part of a broader effort to strengthen the local electronic components ecosystem. The incentives, linked to production, capital expenditure, and job creation, aim to increase India’s value addition in mobile manufacturing to 25-30% within the next seven years. This initiative is expected to set a new standard for the manufacturing sector, particularly as India seeks to capitalize on the global shift of the electronics supply chain from China.
India, now the second-largest mobile phone manufacturer globally, has seen significant growth in mobile phone production, with value terms jumping 21-fold over the past decade to Rs 4.1 lakh crore in FY24. While local value addition currently stands at 15%, the government and industry leaders are working closely to deepen this figure. The new incentive scheme is expected to be rolled out within nine to 12 months, potentially before the culmination of the current production-linked incentive (PLI) scheme for mobiles in March 2026. This move is anticipated to make India a world leader in the production of at least three of the targeted sub-assemblies, with a dominant position in several others.
小編點評：印度政府計劃推出新的激勵計劃，以促進12種關鍵手機零件的本地生產，目標是在七年內將印度手機製造業的附加價值提高到25-30%。該計劃與生產、資本支出和創造就業機會有關，將增強印度作為全球電子供應鏈主要參與者的地位，而該供應鏈正在從中國轉移。該舉措預計將在未來 12 個月內實施，是繼印度手機產量顯著增長之後實施的，旨在加深本地附加價值，有可能使印度成為幾個關鍵零件領域的領導者。