India's Sahasra Semiconductor has strengthened its leadership team by appointing expatriate executive Jerry Enriquez as head of a new business unit, part of the company's strategy to tap into global talent for advancing innovation and growth in the fast-evolving semiconductor industry

According to Bloomberg, the Times of India, and Hindu BusinessLine, Muralikrishnan B, president of Xiaomi's Indian operations, announced he will resign at the end of 2024 after six years with the company. He will continue with Xiaomi as an independent strategic adviser

Amid the ongoing US-China conflict, the industry is focusing on Apple's efforts to shift its supply chain away from China to other regions. However, one of Apple's primary alternative destinations, India, is now facing challenges in its competitiveness compared to Vietnam. Vietnam offers a more favorable tariff structure and dedicated task forces to support investments, making it a more attractive option for companies looking to relocate their supply chains

Recent US sanctions targeting individuals and entities, including some based in India, following rumors of advanced server exports to Russia, could disrupt Nvidia's plans to cultivate the Indian market

After parting away with Japanese financial firm SBI Holdings, Powerchip Semiconductor Manufacturing Corporation (PSMC) announced that it has received the initial payment from Tata Group for its fab IP business in India. Design operations for the new facility are expected to be actively advanced next

South Korean semiconductor firms have shown little interest in investing in India, even as U.S. and Japanese semiconductor companies begin to establish a presence there

Toyota Motor and Suzuki Motor have partnered to launch a new battery electric SUV in spring 2025. The vehicle, to be produced in India, will feature a 60-kilowatt-hour battery and a 500 km range. This collaboration marks a significant step in both companies' electrification efforts and their broader partnership

India achieved its highest-ever quarterly smartphone shipment value, driven by a premiumization trend that favored Samsung and Apple. MediaTek dominated the premium mobile AP market, expanding its lead over Qualcomm as major IC design houses entered a new wave of competition

Dixon Technologies, the largest India-based EMS/ODM, said it had bagged orders of four out of five top PC brands in India. The company is expanding its mobile phone manufacturing business with the acquisition of the Indian subsidiary of Transsion Group

Apple is reportedly starting the design and development of the iPhone 17 in India, a significant milestone for the made-in-India iPhones. This shift coincides with rumors of a surge in export values for iPhones produced in India between April and September, indicating an accelerated pace of Apple's supply chain development

Sasken Technologies has taken a significant step forward in the automotive cybersecurity landscape through its recent partnership with Trustonic. This collaboration marks a new chapter in Sasken's efforts to offer advanced security solutions for automotive original equipment manufacturers (OEMs)

Hyundai Motor's Indian subsidiary (HMIL) has officially listed in India, raising US$3.3 billion in the country's largest IPO to date. Hyundai plans to leverage India's position as the world's third-largest automotive market to establish it as a strategic export hub, targeting emerging markets such as Southeast Asia

As the US persists with its chip restrictions on China, global semiconductor firms are increasingly eyeing India as a prime investment destination. Capitalizing on this trend, India is actively working to attract foreign investments. Amid this backdrop, there is heightened speculation regarding whether South Korean semiconductor giants Samsung Electronics and SK Hynix will join in this investment wave

On October 24, Foxconn's Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, announced a transaction with Apple Operations Limited to acquire a batch of machinery and equipment. The total transaction amount is US$31.8045 million. Supply chain sources indicate that this acquisition is aimed at preparing for the continued expansion of production capacity in India

Nvidia CEO Jensen Huang urges India to be an AI manufacturing powerhouse as well as an exporter. Foxconn procured equipment from Apple amid global production relocation