Manufacturing

Commerce and Industry Minister Piyush Goyal said India does not have structural excess manufacturing capacity in the sectors identified by the G20 Presidency, asserting that the country's manufacturing capacity serves both domestic and global needs. The US holds the G20 Presidency in 2026. He also said industrial capacity in itself is not the issue; however, distortions can arise where geographical concentration of production is driven by hidden subsidies and support. The minister added that diversification of production and supply chains is a legitimate objective, but it cannot be used as a pretext for measures outside WTO (World Trade Organisation) rules or shifting the burden of adjustment onto developing countries, which must retain policy space to industrialise. "India's manufacturing capacity serves its domestic and global needs and that, in the sectors identified by the G20 Presidency, India does not have structural excess capacity," Goyal said. India shares the concern of

Gross fixed capital formation fell 8 per cent in FY25 after two years of strong growth, while factories added workers and wage growth edged ahead of profit growth

India's growth numbers are impressive, but the past week offered a fair dose of reality on what it will take to sustain that growth

India ranks third in semiconductor firm registrations, but weak funding, R&D spending and a widening trade deficit remain concerns

Prime Minister Narendra Modi on Friday highlighted the success of his government's 'Make in India' initiative, and said creation of infrastructure, enterprise and innovation allows the country to prosper. The 'Make in India' programme was launched on September 25, 2014 with the ambition of making India a global hub for manufacturing, design and innovation. "More made in India. More investment in India. More exports from India. A transformation visible across sectors. 'Make in India' is about creating infrastructure, enterprise and innovation that allow India to grow and prosper," he said in a post on X. The prime minister also posted a video on his social media handles showcasing the success India achieved in semiconductor industry, aerospace, train engines and coach manufacturing, ship building, metro networks, automobile, medicines, solar power, mobile phone making among others. The 'Make in India' initiative is focused on facilitating investment, fostering innovation and develop

IT Secretary S Krishnan said India needs domestic capacity to guard against technology denial while building a crucial presence across global electronics and semiconductor value chains

PM's Principal Secretary flags risks from fragmented global alliances, vulnerable supply chains and rising trade barriers, while calling for stronger manufacturing

India must plan for a changing global economic environment

The 7 GW TOPCon facility at Naidupeta, developed at a capital expenditure of Rs 3,293 crore, will increase Premier Energies' total solar cell capacity to 10.6 GW

Plans to nearly triple output from TN plant by 2027

Semiconductor equipment maker ASML has started operations in India and plans to hire 20-30 young engineering graduates initially to meet its requirement, a senior official of the company said. Speaking on the sidelines of SEMICON India 2026, ASML Executive Vice President and Head of Customer Support Lin Kiat Yap told PTI that the company's scaling-up plan depends on the success of Tata Electronics chip unit in India and the ambition of India to grow in the semiconductor space. Asked about when his company is going to start India operations and scale it up, Yap said, "Right now", and added, "We are probably going to start off at 20-30 people. We will see how fast it scales. It really depends on the ambitions of India, and it really depends on the ambitions of Tata." ASML provides advance lithography technology which enables making circuits on silicon wafers. In a way, it paves the foundation of converting a silicon wafter into an active component. The company has a monopoly in advan

Last week, Lam Research India announced its plan to invest ₹10,000 crore in India

Many companies, especially in the engineering sector, have their own skill-development programmes. But these are too small to make a national impact

India's dual advantage of unmatched domestic consumer demand and an expanding demographic dividend give the country a unique edge in the global semiconductor race, but securing access to core technology remains a critical hurdle that needs to be bridged, a top executive at global management consultancy firm Bain & Company said. Balaji Thirumalai, Partner and India Head of Semiconductors and Electronics Manufacturing Practice at Bain & Company, said the central government's strategy under the Semicon 2.0 programme-spanning six pillars of talent, fabs, OSATs (outsourced semiconductor assembly and test), design, equipment, and materials-is the necessary approach to establish a complete ecosystem. "We need design as much as we need fabs. We need materials, and we need equipment to come into India. Because if you look at Taiwan, if you look at Korea, it's not just that the fabs have come up, the ecosystem has moved in. If you look at what's happening in the US when they're building

Ashwini Vaishnaw says the proposed institute will develop a multi-level skilling model, while Semicon 2.0 will shift focus from chip design towards system design

ISM 2.0 will focus on six pillars, including chip design, machines and materials, fabrication, advanced packaging, R&D and talent development

MeitY Secretary S Krishnan says India's growing electronics consumption, manufacturing capabilities and role in global supply-chain diversification will drive the sector

Fabs, advanced packaging, power electronics emerge as key growth areas

Companies across semiconductor equipment, materials, gases, chemicals, packaging and substrates have proposed investments to be made over the next two to three years

Applied Materials, one of the world's largest semiconductor equipment makers, ​said its India investment will center on research, supply chain scale-up and workforce growth