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Highlighting incentives, policy support and infrastructure push for the sector, the Centre and the Rajasthan government on Saturday pitched the state as a key destination for electronics and semiconductor manufacturing, urging investors to set up units while assuring full support. Union Electronics and IT Minister Ashwini Vaishnaw said Rajasthan has "immense potential" to emerge as a major hub in electronics manufacturing, noting that the sector has seen rapid growth under the leadership of Narendra Modi. He said the groundwork for setting up around 450 factories has been laid in the past two years, while 75 factories have been approved under the Electronic Components Manufacturing Scheme (ECMS) in the last year. Addressing an interactive session on the electronics and semiconductor sector along with Chief Minister Bhajanlal Sharma at the Chief Minister's Office, Vaishnaw urged investors to set clear targets for establishing manufacturing units, assuring that the "double-engine ...
An inter-ministerial meeting was held with industry associations to discuss ways to boost the country's manufacturing, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the government is committed to working closely with the industry to expand manufacturing capacities, enhance quality standards and strengthen competitiveness. A comprehensive meeting with officials from key ministries and leading industry associations was held to strategise on boosting domestic manufacturing, he said in a social media post. The meeting comes at a time when the government is working with the industry to identify about 100 products -- including those from the auto, chemicals, plastics and petrochemicals sectors -- that are either not produced or manufactured inadequately in India, as part of efforts to boost domestic production. The exercise is aimed at reducing the import bill of the country, as outflows of foreign exchange are impacting the value of the domestic currency again
Electronics manufacturing company Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday. The pact was announced during Prime Minister Narendra Modi's visit to the Netherlands. ASML is known for having monopoly in a category of lithography equipment which is critical for production of advance small size semiconductors. "Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics' upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat. This collaboration is an important step in the context of the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology," the statement said. Tata Electronics is setting up India's first semiconductor wafer fabrication plant, entailing an investment of Rs 91,000 crore. The collaboration between Tata Electronics and ASML
The government is working with industry to identify about 100 products -- including those from the auto sector -- that are either not produced or manufactured inadequately in India, as part of efforts to boost domestic production, according to a top official. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia, said a set of "unique and interesting" products has already been identified, including items from the auto sector such as axles and motorcycle components. Talking about a series of steps taken by government to make manufacturing competitive in India, he said the "another area where we have been working is to bring in another 100 products which are either not getting manufactured in India as of now or which are not sufficiently being manufactured at the moment". The objective is to expand manufacturing for both domestic and global markets. "We are working closely with the industry (on that)," he said adding "lot of things no
Growth sentiment in India's manufacturing sector stays positive during the fourth quarter of FY26 despite rising input costs and geopolitical uncertainties, according to a survey released on Wednesday. The only impact seen was in the capacity utilization, which saw a little dip at nearly 72 per cent compared to the previous quarter. However, the future investment outlook is steady for the next six months, showed the latest FICCI survey for the January-March period of FY26. The survey assessed the performance and sentiments for January-March 2025-26 of manufacturers for eight major sectors, including automobile, capital goods, chemical, fertilizer & pharmaceuticals, electronics & electricals, machine tools, metal, and textiles. Responses have been drawn from over 250 manufacturing units from both large and SME segments with a combined annual turnover of over Rs 8 lakh crore. "The survey continued to reflect sustained growth and increasing optimism for India's manufacturing ...
India's industrial production growth decelerated to a five-month low of 4.1 per cent in March on account of subdued manufacturing growth and almost flat expansion in the power sector amid the West Asia crisis, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 3.9 per cent in March 2025, an official statement said. The National Statistics Office (NSO) revised the industrial production growth for February 2026 to 5.1 per cent from the provisional estimate of 5.2 per cent released last month. The previous low of IIP growth was recorded at 0.5 per cent expansion in October 2025. The NSO data further showed that the manufacturing sector's output growth remained subdued at 4.3 per cent in March 2026 compared to 4 per cent in the year-ago month. Mining production growth improved to 5.5 per cent from a meagre growth of 1.2 per cent recorded a year ago. Power generation grew marginally by 0.8 per