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IESA REPORT 2026
India's ACC battery demand to rise to 700GWh by mid-2040s from 28GWh in 2025: ReportIndia's battery demand is set for massive growth. By the mid-2040s, Advanced Chemistry Cell battery needs will surge to over 700 GWh. This ...
Tech firms seek push for AI, innovation, digital infrastructure in BudgetThe Economic Survey tabled in Parliament on January 29 has recognised Artificial Intelligence (AI) as an economic strategy rather than a pr...
'Battery energy storage to jump 10x in 2026'India's battery energy storage capacity is set for a significant surge. A 10-fold jump to 5 GWh is expected in 2026, a leap from 507 MWh in...
India's energy storage projects installation to surge 10-fold to 5GWh in 2026: IESAIndia's battery energy storage capacity will see a massive jump in 2026. Capacity is expected to rise nearly ten times from 2025 levels. Th...
India's semiconductor industry has potential to grow to $40 billion by 2030: IESAIndia's semiconductor industry has the potential to reach USD 40 billion by 2030 by fostering the supply chain ecosystem, including chemica...
Microchip to invest $300 million to expand India operationsThe company’s investments are focused on additional improvements to its Bengaluru and Chennai facilities and the new research and developme...
MoS IT Rajeev Chandrasekhar to empower semiconductor startups, next-gen chip designersThe minister in February inaugurated the 2nd ‘Semicon India FutureDESIGN Roadshow’ at IISc in Bengaluru, saying that the country is growing...
Every industry will be tech driven – can India ride this next waveAccording to KPMG’s Semiconductor Outlook 2023, sixty-five percent of the executives surveyed think the semiconductor supply shortage will ...
Biden government offer to boost India's chip production just 'lip service,' says ChinaDuring US government official Afreen Akhter's visit to India, she said that the Biden administration will help the subcontinent boost its s...
$25 billion investment expected to flow into India's new semiconductor planChanges in production-linked incentive (PLI) scheme for manufacturing of semiconductor were approved by the Cabinet on Wednesday.
Union Cabinet approves changes in PLI scheme for semiconductor manufacturingThe government had recently announced an outlay of Rs 76,000 crore (around $10 billion), under its PLI scheme, separately for the developme...
China's chip output shrinks as India, US ramp up local manufacturingAs India and the US double down on domestic semiconductor manufacturing, China witnessed its biggest-ever monthly decline in chip manufactu...
Shiprocket is 20th unicorn of 2022; Flipkart gives Walmart an ad boostShiprocket becomes India's 106th unicorn.
India chip component market to grow to $300 billion from 2021 to 2026: reportThe ‘India Semiconductor Market Report, 2019-2026’, a joint research by the India Electronics & Semiconductor Association (IESA) and Counte...
Semiconductors: How India can take a cue from Israel to build a vibrant chip ecosystemThe pandemic exposed the vulnerabilities in the supply chain, bringing chip manufacturing in sharp focus again. What can India do to up its...
Mufin Finance acquires APM Finvest for Rs 76 crore, aims to create EV financing ecosystemCiting a study by CEEW-Centre for Energy Finance (CEEW-CEF), it said the EV market in India is estimated to reach USD 206 billion by 2030 i...
Covid impact: LG Chem puts the brakes on e-vehicle battery projectUnder the collaboration plan announced in 2018, LG Chem was to develop batteries for deployment in electric vehicles made by M&M and its So...