At a time when the U.S. and EU are aiming to increase their chip manufacturing industries, India is also making strides toward becoming a serious player in advanced manufacturing. With Mumbai-headquartered Vedanta Group signing pacts with a number of Japanese technology companies to develop an Indian semiconductor and glass display...
Mitsubishi Electric to Launch New Factory in India
Tokyo-based Mitsubishi Electric Corporation announced an investment of approximately $30 million, in its subsidiary Mitsubishi Electric India Pvt. Ltd., to establish a new factory in India. This facility will be located in Pune, Maharashtra, and will manufacture inverters and factory automation (FA) control system products. Operations are expected to start...
NTT to Double its Data Centers in India
Over the next three years, NTT Ltd., the world’s third largest data center firm headquartered in Tokyo, Japan will more than double its data center presence in India. The global technology services provider, announced an investment of $2 billion into new data centers, MIST cable, and renewable plants across the...
Rakuten to Double India Engineer Head Count
Japanese electronic commerce and online retailing company Rakuten, based in Tokyo, plans to double its workforce in India to 2,000 within two years at its Bangalore-based unit, Rakuten India Enterprise. Despite the company's online shopping platform not being available in India, the algorithms that power the $37 billion business in...
Japan's Terra Drone to Launch Center of Excellence in India
Tokyo-based Terra Drone Corporation is one of the world's largest providers of industrial drone solutions. In partnership with Terra Drone India and the Indian Institute of Technology (IIT), a premier engineering college in Hyderabad, the company will establish a Center of Excellence for Unmanned Aerial Vehicles in the campus of...
Global Companies to Grow in India's Semiconductor Market
The Indian Electronics and Semiconductors Association projects 10.1 percent growth in sales of semiconductors in India between 2018 and 2025. The main opportunities for growth in India are the fields of industrial automation, defense, and rural broadband. India has vast talent pools in both hardware and software semiconductor design engineers...