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India roundup: Taiwanese firm on thin ice over Indian investments

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

Despite rising investments in India, Taiwanese companies remain cautious, treading carefully as if walking on thin ice.

Taiwan chipmakers' caution on India's semiconductor ambitions heightens after Aptos collapse

The bankruptcy of Aptos Technology, a subsidiary of Taiwan Mask Corporation, underscores the cautious approach Taiwanese chipmakers are taking toward India's semiconductor ambitions, following the collapse of a tech transfer deal with Kaynes Semicon and amid broader skepticism about India's readiness to support a competitive chip industry.

Taiwanese government approves Foxconn India and US investments

Foxconn has received the Taiwanese government's approval for two major overseas investments, including a US$1.49 billion project in India and a US$735 million data center venture in the US, as the company positions itself to benefit from rising AI infrastructure demand under the US-led Stargate initiative.

India greenlights US$48 million electronics hub in Uttar Pradesh

India has approved an INR4.17 billion (US$48.14 million) Electronics Manufacturing Cluster (EMC 2.0) in Gautam Buddha Nagar, Uttar Pradesh. Developed by YEIDA over 200 acres, the project aims to attract INR25 billion in investment, create 15,000 jobs, and strengthen India's electronics ecosystem through world-class infrastructure and connectivity.

India opens application portal for EV manufacturing scheme as Tesla prepares market entry

According to the Press Information Bureau of India, the Ministry of Heavy Industries (MHI) of India announced on June 24, 2025, the launch of an application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). The portal will remain open until October 21, 2025, enabling eligible manufacturers to apply for participation. The scheme aims to position India as a competitive global hub for electric vehicle (EV) manufacturing, boost employment opportunities, and advance the government's "Make in India" initiative.

India's Kompact AI promises GPU-free revolution, faces scrutiny over innovation claims

A new artificial intelligence platform named Kompact AI was unveiled earlier in 2025 through a collaboration between Indian startup Ziroh Labs and the Indian Institute of Technology Madras (IIT Madras). The platform aims to address computing accessibility challenges in India by enabling AI models to run efficiently on standard central processing units (CPUs), potentially reducing reliance on costly and scarce graphics processing units (GPUs).

Article edited by Jerry Chen