India's growing electronics and AI sectors are attracting major global investments. Telangana state's Taiwan Industrial zone and "Formosa Town" aims to draw Taiwanese firms under the "China+1" strategy, while Foxconn will start AirPods production in April 2025. Meanwhile, NTT plans a US$1.5 billion investment in data centers, highlighting India's rising role in global supply chains.
Formosa Town in India: Telangana establishes industrial zone for Taiwanese firms amid geopolitical shifts
Allegiance Group and Telangana signed a deal to build the first Taiwan industrial zone in the region, offering permanent land ownership and incentives. Driven by geopolitical concerns and India's market potential, Taiwanese firms are diversifying supply chains, aiming for a "China+1" strategy and significant economic impact.
Acer subsidiary Altos Computing rides on Indian AI demand, eyes IPO in India by 2025
Jackie Lee, president of Altos Computing, forecasts that 2025 will mark the beginning of enterprise AI, driven by increasing AI application adoption. He predicts double-digit growth, particularly in India. To support this, Altos has partnered with local EMS manufacturers to produce servers compliant with Made in India regulations.
Foxconn reportedly to begin AirPods India production in April
Apple plans to begin AirPods production at its supplier Foxconn's facility in Hyderabad, India, starting in April 2025, with an initial focus on exports. This move represents Apple's ongoing strategy to diversify its supply chain beyond China amid escalating trade tensions. The initiative also underscores India's emerging role in global electronics manufacturing.
India's subsidy struggles to attract PC manufacturers: weak local ecosystem and limited market demand
Two years after its launch, India's Production Linked Incentive (PLI) scheme for IT hardware 2.0 has struggled to gain traction, as major brands hesitate to increase production and exports due to the absence of a strong local ecosystem for essential components.
India's electronics sector growth fuels Zetwerk's expansion, IPO plans
India-based EMS provider Zetwerk inaugurated its seventh plant in India over the weekend as an emerging electronics manufacturing ecosystem has benefitted local firms to raise funds and expand. However, proposed tariffs by the US may complicate its ambition.
NTT to invest US$1.5 billion in India to expand data centers and optical network
Japanese telecom giant NTT intends to invest US$1.5 billion in India from 2025 to 2027, aiming to expand its data center capacity by about 2.4 times. This investment will also facilitate the rollout of NTT's Innovative Optical and Wireless Network (IOWN) to meet the rising demand for digitalization and AI driven by India's economic growth.
Article edited by Jerry Chen
