Cosmx–Munoth JV: Lithium-Ion Cell Sourcing Partnership to Strengthen India Supply Chain
China’s Cosmx, one of the world’s largest smartphone battery pack suppliers, has entered into a joint venture with Chennai-based Munoth Industries to source lithium-ion cells locally in India. The move is part of Cosmx’s strategy to expand its footprint in India and strengthen supply to global smartphone manufacturers operating in the country. Instead of setting […]
Ghatak Stealth Drone Program: ₹39,000 Crore Indigenous UCAV Project Approved
India has approved a ₹39,000 crore stealth drone program under the Remotely Piloted Strike Aircraft (RPSA) initiative, earlier known as the Ghatak UCAV project. The program will be led by DRDO under a development-cum-production partner (DCPP) model, inviting private sector participation to build advanced unmanned combat aircraft. As part of the initial phase, six prototypes […]
EVs: A Powerful Engine for India’s Decarbonisation & Industrial Transformation
Electric vehicles (EVs) are emerging as a key lever to address India’s climate, energy, and mobility challenges simultaneously, while also creating a globally competitive industrial ecosystem. With rising urban pollution, increasing fuel imports, and growing mobility demand, EV adoption is becoming central to India’s long-term strategy. The biggest near-term impact lies in electrifying high-utilisation segments […]
India’s Semiconductor Dream: Alignment of Talent, Policy & Manufacturing Momentum
India’s long-standing semiconductor ambitions are gaining momentum as talent, policy support, and manufacturing investments begin to align. The country already plays a critical role in global chip design, with nearly 20% of the world’s semiconductor design workforce and over 125,000 engineers working in global R&D centres for companies like Intel, Qualcomm, and AMD. Cities such […]
Kaynes Semiconductor Plant: ₹3,300 Crore ATMP Facility Inaugurated in Sanand
Prime Minister Narendra Modi inaugurated Kaynes Semicon’s ₹3,300 crore semiconductor manufacturing plant in Sanand, Gujarat, marking a key milestone under the India Semiconductor Mission (ISM). The facility is an OSAT (Assembly, Testing, Marking & Packaging) unit, aimed at strengthening India’s chip manufacturing capabilities. The plant is designed to produce millions of chips per day, catering […]
ET DefTech Summit 2026: ₹3 Lakh Crore Defence Production Roadmap in Focus
The ET DefTech Summit 2026 was held in New Delhi, bringing together policymakers, defence officials, industry leaders, startups, and global OEMs to discuss India’s roadmap for achieving ₹3 lakh crore in defence production and ₹50,000 crore in exports by 2029. The summit featured 25+ speakers and over 250 delegates across multiple sessions, focusing on strengthening […]
Semiconductor Supply Watch: Govt Monitoring Chip Supply Risks as Indian Units Go Live
The Indian government is actively tracking global semiconductor supply constraints as domestic ATMP (Assembly, Testing, Marking & Packaging) units begin operations under the India Semiconductor Mission. Officials expect a sharp rise in chip imports in FY27 as these facilities ramp up production and integrate into global supply chains. Semiconductors have become one of India’s largest […]
India Defence Self-Reliance Push: Rajnath Singh Says India to Become Global Leader
Defence Minister Rajnath Singh stated that India is on track to become fully self-reliant in the defence sector and emerge among the top defence nations globally. He highlighted that India’s defence production reached a record ₹1.51 lakh crore in FY2024-25, while defence exports hit an all-time high of ₹38,424 crore in FY2025-26, reflecting strong growth […]