Navy chief Admiral Dinesh K Tripathi has said India's semiconductor policy is essentially "new oil for the economy" and important to improve the country's defence manufacturing. Speaking at an event here on Monday, he also asked the private sector to take the lead in order to make the country self-reliant. If India has to become self-reliant, then the private industry must take the lead in defence manufacturing, he said. The Ministry of Defence has set aside Rs 450 crore this year for the Innovation for Defence Excellence (iDEX) scheme, which aims to help startups and small and medium enterprises (SMEs) innovate, Admiral Tripathi said. "The MoD has earmarked 75 per cent of our modernisation budget for the defence industry, which is almost Rs 1 lakh crore. And out of that, 25 per cent has been earmarked for the private defence industry in this budget. This year, Rs 450 crore has been successfully allocated for iDEX scheme," he said. Since its inception in 2018, the iDEX has signed
Claims that DeepSeek's AI models rival its Western counterparts at a fraction of the cost has led some investors to ask if Nvidia's cutting-edge chips are essential for gaining an edge in AI race
US President Trump has imposed a 25 per cent tariff on semiconductor imports, raising costs for US tech firms and disrupting global supply chains. Here's how it will impact the Indian industry
Microsoft's Majorana 1 represents a paradigm shift in quantum computing. This innovation could solve biggest challenges at a pace previously thought impossible
NIST was responsible for helping implement key initiatives under the Biden administration, including funds for semiconductor manufacturing and setting standards for artificial intelligence use
Tata Electronics, in partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC), is making India's first semiconductor fab in Gujarat's Dholera
Trump has threatened specifically to put tariffs on imported semiconductors, which could threaten Taiwan's economy given the island's major role in producing chips
Qualcomm Snapdragon 6 Gen 4 enables on-device AI processing and brings support for in-game graphic upscaling features
Lam Research has signed a memorandum of understanding with the Karnataka government to lease and eventually purchase a land parcel at Whitefield in Bengaluru
According to the report, the new system, which will be equipped with Nvidia's H100 graphics processing units (GPU), will initially offer a computing capacity of 16 petaFLOPS
The news that Huawei had integrated DeepSeek's models with its Ascend chips marked a watershed moment
The government has enhanced allocation for key technology projects, comprising production-linked incentives for mobile phones, IT hardware, semiconductor scheme and IndiaAI Mission, by about 84 per cent to Rs 18,000 crore for the next fiscal. The revised allocation for the key electronic sector project was around Rs 9,766 crore in the current financial year, according to the budget documents. The allocation for IndiaAI Mission has been increased by over 11 times to Rs 2,000 crore. The IndiaAI mission is spearheading development of the country's artificial intelligence ecosystem including providing financial support for compute infrastructure. The total allocation for Ministry of Electronics and IT has been raised by about 48 per cent to Rs 26,026.25 crore for 2025-26 against Rs 17,566.31 crore under the revised allocation for the current fiscal. The highest allocation of Rs 8,885 crore has been made for the production-linked incentive scheme for Large Scale Electronics Manufacturin
The report calls for the continuation of the semiconductor incentive scheme beyond the initial $10 billion allocation to achieve India's manufacturing ambitions
In June 2023, the Gujarat government signed a $2.75 billion agreement with Micron for this project. Once operational, the facility is expected to create 5,000 direct jobs and 15,000 indirect jobs
Trump said he plans to impose tariffs on imported chips, pharmaceuticals and steel in an effort to get the producers to make them in the United States
The US microchip export controls were designed to freeze China's development of supercomputers used to develop nuclear weapons and artificial intelligence systems
Move only after it has visibility of hitting $1 bn annual sales of fabless semicon products designed by the firm
Notably, the chip was supposed to be launched in December 2024, as announced by Ashwini Vaishnaw at the Davos summit in January last year
Taiwan lies near the junction of two tectonic plates and is prone to earthquakes
India and Singapore are cooperating in critical sectors like advanced manufacturing and semiconductors as the relations are on a "new trajectory" of growth, Singapore President Tharman Shanmugaratnam said on Thursday. Shanmugaratnam, on a five-day visit to India, held separate talks with President Droupadi Murmu and Prime Minister Narendra Modi with a broad focus on further expansion of the bilateral ties. The Singapore president told reporters that a data corridor between the GIFT City in Gujarat and his country is being explored so that the financial institutions of the two sides can exchange data on a safe and trusted basis. He said the possibility of a "corridor for renewable energy" between India and Singapore is also being looked at. Delving into strong Singapore-India ties in the last few decades, he said the two countries are now on a new trajectory of cooperation after the ties were upgraded to a comprehensive strategic partnership during Modi's visit to the city state in