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New PLI Scheme for IT Hardware for Indian IP, devices, says MoS

MoS Rajeev Chandrashekhar said that the government will invest $200 million in startups under the PLI scheme. The Indian government will extend the PLI scheme...

Taiwan To Offer Tax Credits To Local Chipmakers

Taiwan will enforce the latest regulation sometime later in 2023 in a bid to uphold its authority in the global chip market. Taiwan has passed...

TSSC Turns 10; Focuses On ‘5G Skilling’

Telecom Sector Skill Council recognized the support from various government departments to pave the way for the youth workforce in the industry Training...

Govt. Co. CESL Opens Bids For Over 6,000 E-Buses

It is the second tender under the National Electric Bus Programme (NEBP) The deployment of 4,675 e-buses will significantly cut down air pollution...

Prez Murmu Flags off Bikaner Solar Project

State-owned company SJVN Ltd is developing this 1,000 MW solar project in Rajasthan at a development cost of ₹5492 crores The project is...

Micromax’s Bhagwati Products Receives ₹5.3 Crores Under PLI Scheme

Bhagwati Products has become the first domestic company to receive the disbursement under the PLI scheme for IT hardware. Consumer electronics manufacturer Bhagwati Products Ltd...

South Korea To Raise Tax Breaks To Support Chip Industry

The US, China and Japan are investing billions into building their semiconductor chip industry supply chains. South Korea plans to raise tax breaks to as...

US To Expand List Of Countries For EV Credit Eligibility

The existing regulations mandated that an EV needs to undergo final assembly in North America for credit eligibility. The US Department of the Treasury announced...

Baidu, Pony.ai To Test Autonomous Robotaxis In Beijing

Currently, Chinese regulations allow driverless robotaxis in designated geofenced areas. Baidu Inc and Toyota Motor Corp-backed startup Pony.ai will soon be testing fully autonomous vehicles...

NRDC To Do Tech Commercialization For Start-Ups: Minister

Dr Jitendra Singh also said that the National Research Development Corporation has signed an MoU with APEDA for mentoring and monitoring export-oriented agri-based start-ups Union...

Delhi Govt Approves Draft Solar Policy 2022

Will create a unified single-window state portal maintained by the Delhi Solar Cell to provide information, timeline and process-related guidelines Incentivizes power discoms...

NCAER-CII Urges To Build Electronics Export Competitiveness

The report highlighted the need to scale up domestic electronics manufacturing to transform India into an electronics export hub. The National Council of Applied Economic...

Industry's Buzz

Safran

Safran Secures First NATO Naval Order For Optronic Sights With MSI

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Safran brings Optronic Sights to MSI's naval and land gun systems. Safran Electronics & Defense and MSI-Defence Systems have signed a Franco-British agreement to fit...
Amber Enterprises

Amber Enterprises Completes Full Acquisition of Power-One Micro Systems

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Amber Enterprises subsidiary acquires remaining 40% stake in Power-One through share swap. Amber Enterprises has bought out its remaining minority partners in Power-One. IL JIN...
Image for representation purpose

Cosmoserve Opens Base 1 To Develop Space-Grade Electronics In-House

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Cosmoserve Space has opened a new facility in Hyderabad to develop space-grade electronics, optics and avionics in India, with the aim of cutting reliance...
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Nemi Targets Nasdaq Listing With USD 400 Million Valuation

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Nemi is going public. The plan? A $400 million Nasdaq listing. The company just signed a definitive business combination agreement with BHAV Acquisition Corp. This...
LG logo

LG Electronics India to Step Into India’s Automotive Market

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The South Korean headquarters of LG Electronics will continue to support the business with global technologies and existing relationships with global car manufacturers. LG Electronics...

Learn From Leaders

Roberto Gatti, Founder and CEO of Delvitech

The Eye That Spots Defects Before They Happen

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Most inspection machines tell you a board failed. Delvitech's tells you when it is about to.Every inspection stage in a factory traditionally needs its...
Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

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In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

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What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

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A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

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Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...

Startups

EVE NET Turns Spare Smartphone Capacity Into An AI Cloud

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What if the phone in your pocket could help run AI? A Mumbai-based startup wants to cut AI computing costs by tapping into millions...

Vimag Labs’ Magnet-Free Motors Set To Redefine EV Efficiency

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Can software replace rare-earth materials? This Bengaluru startup uses virtual magnets to eliminate traditional permanent magnets, boosting EV motor efficiency up to 95 per...

Pine Labs Q2 FY27 Profit Soars 6.5x

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Pine labs said that it processes 25 million transactions per day, a 22 per cent increase from the previous year. Fintech company Pine Labs, reported...
Dr Venkata Sai Kiran, Founder, Red Balloon Aerospace

How Near-Space Platforms Could Revolutionise Broadband Connectivity – Dr Venkata Sai Kiran, Red Balloon...

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As nations explore high-altitude platforms for communication, surveillance, and scientific research, Red Balloon Aerospace is developing super-pressure balloons, tethered aerostats, and airships for near-space...
Manish Seth, Founder, Vimag Labs

Beyond Rare-Earth Magnets: How Vimag Labs Is Reimagining Electric Motors – Manish Seth, Vimag...

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Can software replace rare earth magnets in electric motors? Manish Seth of Vimag Labs speaks to EFY’s Nitisha Dubey about Virtual Magnet Technology, which...