Semi-conductor

The government's aim to make India self-reliant in semiconductor chips may be premature

The two countries must commit to 'free trade, openness, integration' of economies, says Adani Group chairman in award acceptance speech.

Leading caramakers Maruti Suzuki, Hyundai and Tata Motors reported robust dispatches to dealers in May on the back of strong demand for passenger vehicles across regions, even as the global semiconductor shortage continued to impact production. Mahindra & Mahindra, Kia India, Toyota Kirloskar Motor, Honda Cars and Skoda also witnessed strong demand for their models last month. The month of May also witnessed Tata Motors race ahead of Hyundai in terms of domestic wholesales. The country's largest carmaker Maruti Suzuki India (MSI) said its domestic sales stood at 1,34,222 units in May. The company had dispatched just 35,293 units in May 2021 amid the second wave of COVID-19 pandemic in the country. The period saw massive disruptions which impacted both production and sale of cars. "The basic parameters of demand in terms of enquiries, bookings remain robust. However, supply chain issues remain and there is no clear visibility by when things will normalise," MSI Senior Executive ..

Tata Motors: CLSA expects a sharp uptick in volume in FY24 driven by a strong order backlog

According to the Shanghai Automobile Dealers Association, not a single vehicle was sold for the whole month of April while in the normal course, about 4,000 vehicles are sold daily in the city.

The government late last year unveiled a $10 billion incentives plan, offering to cover as much as half of a project's cost, to lure display and semiconductor fabricators to set up base in India

The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges

The firm operates in the mid-power segment worth $15-20 billion, and is designing a chip targeted for vision applications like surveillance, industrial automation and IoT

Nine of the top 10 companies in 2015 remained in the top 10 in 2016

In Feb 2014, the Union Cabinet had approved two electronic chip manufacturing plants for a total of Rs 63,410 cr