Raana Semiconductors Pvt. Ltd. (RSPL), an India-based company specializing in crystal growth systems and single-crystal materials, has raised US$3 million in a seed funding round, marking its first institutional capital raise. The pure equity round was led by Equirus Innovatex Fund and Artha Venture Fund, with participation from IvyCap Ventures, PointOne Capital, CIIE Initiatives (IIMA Ventures), and angel investor Garimella Laxminarayana. Valuation details were not disclosed, according to Inc42, Saure Energy, and BW Disrupt

Paras Defence and Space Technologies Ltd. announced the launch of a new subsidiary, Paras Semiconductor Pvt. Ltd., marking the company's expansion into the semiconductor packaging and assembly sector. The move aims to address gaps in India's domestic capability for advanced semiconductor packaging, particularly for defence and strategic electronics applications

Kaynes Semicon Private Limited, a wholly owned subsidiary of Kaynes Technology India Limited, has signed a Fiscal Support Agreement and related transaction documents with the India Semiconductor Mission (ISM), marking a key procedural milestone in the implementation of government-backed incentives for semiconductor manufacturing

Acer and Lenovo are optimistic about India's consumer electronics sector as the global market slows due to rising memory prices

Following the US announcement of reciprocal tariffs in 2025, Taiwanese electronic manufacturing services (EMS) companies operating server assembly plants in Mexico are adjusting their supply chains. They are increasingly sourcing components from ASEAN countries. This shift comes amid growing interest in assembling ASIC servers for AI applications in the region

Delta Electronics India is set to significantly expand its manufacturing footprint in India, reflecting the company's confidence in the country's growing semiconductor and electronics ecosystem and its alignment with the government's 'Make in India' initiative. The move builds on Delta's longstanding presence in India, where the company has invested in R&D, industrial automation, and smart manufacturing solutions over the past decade

Reliance Industries, led by billionaire Mukesh Ambani, unveiled plans for a new artificial intelligence (AI) platform under its Jio brand on January 11, designed to allow users to access AI services in their own language. The announcement, made at the Vibrant Gujarat Regional Conference in Rajkot, underscores Reliance's push to scale AI infrastructure and applications nationwide

Electronics manufacturing services major Foxconn and India's HCL Group have formally named their semiconductor joint venture India Chip Private Limited, according to a regulatory filing made on January 14, marking a key step in operationalising their collaboration in India's chip ecosystem, according to PTI and the Economic Times

Reports that Reliance Industries has paused plans to manufacture lithium-ion battery cells have reignited debate over India's clean-energy ambitions, highlighting technology bottlenecks even as the conglomerate insists its net-zero strategy and investment roadmap remain firmly on track

EV manufacturer Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu, marking the company's formal entry into India's residential energy storage market and an expansion beyond its core automotive business, according to ANI, PV Magazine, and the Economic Times

Luxshare Precision Industry said it has moved to terminate an agreement to buy an India-based business asset package from Wingtech Technology after the transfer was blocked by legal restrictions, including seizures and freezes, escalating a cross-border dispute that both sides have now taken to arbitration in Singapore

Acer is intensifying its efforts in the Indian PC market, aiming to increase its consumer PC market share from 15% to 20% by 2026, with gaming PCs playing a central role, according to Harish Kohli, president and managing director of Acer India. The company's push includes hosting the annual Predator League esports finals in New Delhi

India's PC market is poised for strong growth, supported by the country's vast population and proactive government initiatives in digital transformation and local manufacturing. Despite India's population of 1.5 billion, the current annual PC sales volume is only around 15 million units, reflecting a penetration rate of roughly 10%, according to Harish Kohli, president and managing director of Acer India. This gap indicates a substantial opportunity for growth in both demand and production

Lenovo is aiming to double its business in India over the next three years, leveraging strong growth in its Motorola smartphone segment and its infrastructure and services verticals, according to company executives. Lenovo's Asia Pacific leadership highlighted domestic consumption and the "India for the world" strategy as central to the company's future expansion, with India emerging as one of Lenovo's fastest-growing markets worldwide, according to the Economic Times