Foxconn to Invest Rs 424 Crore in Semiconductor Joint Venture with HCL Group
富士康將投資 42.4 億盧比與 HCL 集團成立半導體合資企業
In a significant development, Taiwan’s Foxconn, the world’s largest electronics contract manufacturer and a key supplier for Apple, has agreed to invest up to Rs 424 crore in a semiconductor joint venture with the HCL Group, owned by Indian billionaire Shiv Nadar. Foxconn has acquired a 40% stake in the venture for Rs 312 crore, with an additional investment of Rs 112 crore on the horizon. The combined shareholding would reach USD 50.51 million (approximately Rs 424 crore) upon the full investment. The joint venture, Foxconn-HCL OSAT (Outsourced Semiconductor Assembly And Test), plans to establish a semiconductor manufacturing facility in India, furthering the country’s ambitions in the high-tech manufacturing sector.
Foxconn’s previous investment in the venture included Rs 246 crore, which was made through its subsidiary Big Innovation Holdings. The recent increase to Rs 312 crore came through Foxconn Hon Hai Technology India Mega Development Private Limited, signaling the company’s long-term commitment to India’s growing semiconductor industry. The collaboration with HCL Group underscores the strategic importance of India as a hub for technology innovation, with both firms set to bolster the country’s semiconductor capabilities and contribute to its global competitiveness in the tech sector.
小編點評：全球最大的電子產品代工廠富士康計劃投資 42.4 億盧比（5,000 萬美元）與 HCL 集團組成半導體合資企業，以 31.2 億盧比（3,700 萬美元）收購 40% 的股份。此次合作名為富士康-HCL OSAT（外包半導體組裝和測試），將在印度建立半導體製造工廠，並提升該國在高科技製造領域的地位。此次合作體現了富士康對印度半導體產業的承諾，並凸顯了印度在全球技術創新中的戰略重要性。
5G and AI Set to Revolutionize Healthcare in India, Says Industry Experts
產業專家表示，5G 和人工智慧將徹底改變印度的醫療保健
The integration of artificial intelligence (AI) and fifth-generation (5G) networks is poised to significantly enhance patient care across India, particularly benefiting rural and remote areas. Industry executives highlighted that AI is transforming healthcare by improving patient safety, clinical outcomes, cost-efficiency, and overall patient experience. Speaking at the ETTelecom 5G Industries Innovation Summit 2024, JP Dwivedi, Chief Information Officer of Rajiv Gandhi Cancer Hospital, emphasized AI’s pivotal role in enabling faster decision-making through algorithms and machine learning (ML).
Dwivedi also pointed out that 5G’s high-speed, low-latency capabilities will facilitate remote healthcare delivery, such as telemedicine and teleconsultation. “5G is bridging the gap between doctors and patients,” he said, adding that the hub-and-spoke model will allow patients in rural areas to access specialized care from apex hospitals, transforming India’s healthcare landscape, especially post-COVID.
小編點評：人工智慧和 5G 網路的整合將透過提高病患安全和改善臨床結果來改變印度的醫療保健，特別是在農村和偏遠地區。JP Dwivedi 等產業專家強調，5G 的低延遲功能將促進遠距醫療服務，使患者能夠透過遠距醫療獲得專業護理，並降低醫生和患者之間的距離。一本了解醫療保健產業及其技術機會的好讀物。
Rajnath Singh Reaffirms Commitment to Strengthen India’s Defence Industry and Boost Exports
印度國防部長重申印度將致力於加強國防工業和促進出口
Defence Minister Shri Rajnath Singh reiterated the government’s dedication to empowering India’s defence industry, aligning with Prime Minister Narendra Modi’s vision of making India a global manufacturing hub. Addressing the seventh annual session of the Society of Indian Defence Manufacturers (SIDM) on October 4, 2024, in New Delhi, Singh emphasized the need to build a strong, self-reliant defence base. He highlighted key initiatives such as the creation of defence industrial corridors, positive indigenisation lists (PILs), and reforms like the corporatisation of the Ordnance Factory Board. Singh encouraged the industry to achieve complete self-reliance and continue to innovate in the rapidly changing global defence landscape.
Singh also praised the record-high defence production of Rs 1.27 lakh crore in FY 2023-24, with private companies contributing Rs 27,000 crore. He urged for increased private sector involvement, aiming for at least half of future defence production. The Raksha Mantri called on the industry to invest more in cutting-edge technologies like artificial intelligence (AI) and autonomous systems, ensuring India stays competitive on a global scale. The session, which focused on boosting exports and indigenous innovation, also saw Singh present the SIDM Champion Awards, celebrating excellence in defence manufacturing.
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2061953
小編點評：國防部長Rajnath Singh在印度國防製造商協會年度會議上重申了政府對加強印度國防工業的承諾，強調需要自力更生和創新，以符合莫迪總理的願景。他強調了國防工業走廊和積極本土化清單等政策，同時呼籲民間公司增加對尖端技術的參與和投資，以促進出口和維持全球競爭力。
Hyundai Motor Eyes $19 Billion Valuation for India Unit IPO
現代汽車印度分公司IPO估值達190億美元
Hyundai Motor Co. is reportedly seeking a $19 billion valuation for the upcoming initial public offering (IPO) of its Indian subsidiary, Hyundai Motor India Ltd. (HMIL), according to sources cited by Bloomberg. The South Korean automaker plans to sell a 17.5% stake in HMIL, potentially raising around $3.3 billion. The IPO is expected to be launched on October 22 in Mumbai, attracting interest from a range of institutional investors including asset managers, insurers, pension funds, and sovereign wealth funds. The company is anticipated to file updated documents with India’s market regulator, the Securities and Exchange Board of India (Sebi), in the coming days.
If the IPO proceeds as planned, it could surpass Life Insurance Corporation of India’s (LIC) record-setting $2.5 billion IPO in 2022, becoming one of the largest in Asia in recent years. Strong economic growth and high investor appetite have buoyed India’s equity market, with Indian companies having already raised over $9 billion through IPOs in 2024, doubling the amount raised in the same period last year.
小編點評：現代汽車公司為其印度子公司現代汽車印度有限公司即將進行的首次公開募股(IPO)設定了190億美元的估值，旨在出售17.5%的股份，並可能籌集約33億美元的資金。此次IPO 定於10 月22 日在孟買啟動，預計將超過LIC 在2022 年創紀錄的25 億美元IPO，反映出投資者的強烈興趣和印度股市的蓬勃發展，印度股市在2024 年已透過IPO 籌集了超過90 億美元的資金。
India’s EV Market Sees 23% Growth in September, PM E-DRIVE Scheme Boosts Expansion
印度電動車市場 9 月成長 23%，受惠於PM E-DRIVE 計畫
India’s electric vehicle (EV) market saw significant growth in September, with 1.59 lakh (159,000) units sold, a 23% increase compared to the same month last year. Electric two-wheelers led the surge, selling 0.90 lakh (90,000) units, while electric three-wheelers sold 0.63 lakh (63,000) units, both surpassing last year’s figures. In the competitive EV market, Bajaj Auto, TVS Motor, and Ather Energy showed strong sales performances, while Ola Electric and Hero MotoCorp reported a dip. In the three-wheeler segment, Mahindra led with 6,087 units sold, followed by Bajaj Auto with 5,004 units.
The growth was further boosted by the government’s newly launched PM E-DRIVE scheme, aimed at enhancing the EV ecosystem in India. The plan, with a budget of ₹10,900 crore over two years, focuses on expanding charging infrastructure and promoting electric mobility to support the country’s clean energy goals. From April to September, a total of 8.93 lakh EVs were sold, a 20% rise compared to the same period last year, signaling sustained growth in India’s EV market.
https://www.thepamphlet.in/english/indias-ev-market-grows-23-in-september-boosted-by-new-pm-e-drive-scheme/
小編點評：印度電動車 (EV) 市場 9 月顯著成長 23%，銷量達 159,000 輛，主要得益於電動兩輪車和三輪車的強勁表現。政府的 PM E-DRIVE 計畫進一步支持了這次成長，該計畫在兩年內撥款 1,090 億盧比用於增強充電基礎設施並促進電動車的發展。 4-9月，電動車累計銷量89.3萬輛，較去年同期持續成長20%。
Zoom Launches Zoom Phone Service in Pune, Expansion Planned for Major Indian Cities
Zoom 在浦那推出 Zoom Phone 服務，計劃擴展到印度主要城市
Zoom, the video communications giant, has introduced its Zoom Phone service in India, starting in Pune within the Maharashtra Telecom Circle. The service, which supports native India phone numbers, will soon be expanded to key regions including Karnataka, Tamil Nadu, Andhra Pradesh, Mumbai, and Delhi. This marks Zoom’s first licensed cloud private branch exchange (PBX) service in India, bundled with local phone numbers, and comes after the company received a Unified License from the Department of Telecommunications in April 2023.
Zoom Phone, available as an add-on for existing paid users, is designed to boost productivity with AI-driven features like post-call summaries and voicemail prioritization. Zoom executives highlighted the service’s compliance with India’s telecom regulations, ensuring a strong local infrastructure. Velchamy Sankarlingam, president of product and engineering at Zoom, emphasized that the launch reflects Zoom’s commitment to providing reliable, scalable cloud services in India.
小編點評：Zoom 在浦那推出了 Zoom Phone 服務，這是其在印度首個獲得許可的雲端專用交換機 (PBX) 產品，並計劃擴展到卡納塔克邦、泰米爾納德邦和德里等主要地區。該服務旨在透過人工智慧驅動的功能提高生產力，符合當地電信法規，體現了 Zoom 在印度市場提供可靠雲端解決方案的承諾。