The 5G auction in India started at the end of July and will last a few more days to finish. To compete with Southern regions for investments in chip manufacturing, India’s Western states—including Maharashtra and Gujarat—are stepping up their game.
A FEW MORE DAYS OF THE INDIA 5G AUCTION The eagerly anticipated 5G auction in India began at the end of July. The auction, which had attracted nearly US$19 billion, will continue for a few more days, according to a report by Reuters citing Indian telecom minister Ashwini Vaishnaw.
SEMICONDUCTOR AND DISPLAY FABS TO BE SET UP IN WESTERN INDIA BY VEDANTA AND FOXCONN In a meeting with Maharashtra state authorities, Vedanta and Foxconn reportedly proposed investing INR 1.6 trillion in the region, including INR 1 trillion for a display fab, INR 630 billion for a foundry, and INR 38 billion for a semiconductor assembly and testing facility in Talegaon near Pune. According to Foxconn, the conversation is still in progress with CNA .
A DEDICATED SEMICONDUCTOR POLICY IS ANNOUNCED BY GUJARAT. In order to stimulate the growth of regional semiconductor and display ecosystems, the Gujarat government established “The Gujarat Semiconductor Policy 2022 to 2027” with incentives such as subsidies for capex, land purchase, one-time stamp duty exemption, and affordable water and power tariffs.
CMR: APPLE SHIPS NEARLY 1 MILLION MADE-IN-INDIA IPHONES IN 2Q22 Inc42 reported, citing data from CMR, that Apple sold more than 1.2 million iPhones in India in the second quarter of 2022, including nearly 1 million made-in-India iPhones produced by contract manufacturers, pointing to Apple’s recent supply chain relocation.
VVDN WILL MANUFACTURE INDIA’S FIRST HPC SERVERS WITH INDIGENOUS DESIGNS. According to PR Newswire , India’s Centre for Development of Advanced Computing (C-DAC) inked a deal with VVDN for the manufacture of HPC servers called “RUDRA” that would be used in C-“PARAM” DAC’s series of supercomputers as part of India’s National Supercomputing Mission.