Ad
Ad
Prime Minister Modi inaugurated Kaynes Semicon’s new semiconductor facility in Sanand, marking a major step in India’s push for local chip production. The plant aims to reduce import reliance and support advanced automotive and electronics sectors.
Ad
Ad

Prime Minister Narendra Modi has inaugurated the new semiconductor facility of Kaynes Semicon in Sanand. This event marks a significant step in India’s efforts to strengthen its domestic semiconductor manufacturing sector.
The new plant aims to support India’s goal of building strong local capabilities in advanced electronics and chip production. Semiconductors are essential for modern vehicles, electronic systems, and many industrial applications. The facility will help reduce India’s reliance on imported chips and improve the stability of supply chains.
Semiconductors play a crucial role in electric vehicles, connected cars, and advanced safety technologies. These chips are necessary for the functioning of sensors, control units, and communication systems in vehicles. By producing chips locally, India can minimize production delays and ensure a steady supply for its automotive and electronics industries.
Local manufacturing also supports the development of new technologies. It enables companies to respond quickly to changes in demand and technical requirements. This flexibility is important for industries that rely on advanced electronics and rapid innovation.
India has prioritized the expansion of its semiconductor manufacturing base. Investments in new facilities like the Kaynes Semicon plant help build technical expertise and create new jobs. These efforts align with the country’s ambition to become a global hub for semiconductor and advanced technology production.
The Kaynes Semicon facility is expected to contribute to India’s electronics manufacturing ecosystem. It will support the growth of related industries and encourage further investment in high-tech manufacturing. Over time, such developments will strengthen India’s position in the global technology supply chain.
By focusing on local production, India can improve its economic resilience and reduce vulnerabilities in critical technology sectors. The new plant represents a key milestone in this ongoing journey.

Smart Garage Secures ₹2.4 Crore in Pre-Series A Funding to Expand Network
Smart Garage raised ₹2.4 crore in Pre-Series A funding, plans to expand from 500 to over 10,000 workshops by 2030, and will introduce new revenue models to strengthen India's automotive service infrastructure.
13-Apr-2026 08:00 AM

Smart Garage Secures ₹2.4 Crore in Pre-Series A Funding to Expand Network
Smart Garage raised ₹2.4 crore in Pre-Series A funding, plans to expand from 500 to over 10,000 workshops by 2030, and will introduce new revenue models to strengthen India's automotive service infrastructure.
13-Apr-2026 08:00 AM

Astranova Mobility Secures ₹60 Crore to Expand Electric Vehicle Financing Services
Astranova Mobility secured ₹60 crore in Series A funding to expand its electric vehicle financing services, supporting adoption of EVs across two-wheelers, cars, buses, and trucks, and aiding India's clean mobility transition.
09-Apr-2026 10:01 AM

Astranova Mobility Secures ₹60 Crore to Expand Electric Vehicle Financing Services
Astranova Mobility secured ₹60 crore in Series A funding to expand its electric vehicle financing services, supporting adoption of EVs across two-wheelers, cars, buses, and trucks, and aiding India's clean mobility transition.
09-Apr-2026 10:01 AM

Global markets rally as US–Iran ceasefire brings temporary calm to geopolitical tensions
Global stock markets gained momentum as Washington and Tehran reached a short-term ceasefire agreement, restoring investor confidence.
09-Apr-2026 04:00 AM

Global markets rally as US–Iran ceasefire brings temporary calm to geopolitical tensions
Global stock markets gained momentum as Washington and Tehran reached a short-term ceasefire agreement, restoring investor confidence.
09-Apr-2026 04:00 AM

BMW i7 to Feature Sixth-Generation EV Battery with Improved Range and Charging
BMW's updated i7 will launch with sixth-generation EV battery technology developed with Rimac, offering 20 percent higher energy density and faster charging, addressing key convenience concerns for luxury EV owners, especially in India.
08-Apr-2026 01:00 PM

BMW i7 to Feature Sixth-Generation EV Battery with Improved Range and Charging
BMW's updated i7 will launch with sixth-generation EV battery technology developed with Rimac, offering 20 percent higher energy density and faster charging, addressing key convenience concerns for luxury EV owners, especially in India.
08-Apr-2026 01:00 PM

SECI Named Main Agency for Renewable Energy Bidding in India
The Ministry of New and Renewable Energy has named SECI the main agency for renewable energy bidding in India. New rules aim to simplify bidding, prevent tariff changes after bidding, and ensure only viable projects proceed.
08-Apr-2026 09:01 AM

SECI Named Main Agency for Renewable Energy Bidding in India
The Ministry of New and Renewable Energy has named SECI the main agency for renewable energy bidding in India. New rules aim to simplify bidding, prevent tariff changes after bidding, and ensure only viable projects proceed.
08-Apr-2026 09:01 AM

Indian EV Startups Pursue Global Partnerships to Boost Battery Technology
Indian EV startups are forming global partnerships to improve battery technology, focusing on technology-sharing and local manufacturing. China’s leadership in lithium-ion batteries serves as a model as India aims to reduce import dependency.
07-Apr-2026 08:02 AM

Indian EV Startups Pursue Global Partnerships to Boost Battery Technology
Indian EV startups are forming global partnerships to improve battery technology, focusing on technology-sharing and local manufacturing. China’s leadership in lithium-ion batteries serves as a model as India aims to reduce import dependency.
07-Apr-2026 08:02 AM
Ad
Ad