STARTUP/TECHNOLOGY
Cyient Semiconductors Bags $30 Mn From Edelweiss-Managed Funds
Cyient Semiconductors has secured a strategic financing transaction from funds managed by EAAA India Alternatives Ltd and affiliated co-investors to strengthen its capital structure and accelerate expansion of its semiconductor business. The transaction includes an equity investment of about $10 million (around ₹100 crore) at a post-money valuation of $500 million (₹4,600 crore), along with […]
CW Bureau
·
May 25, 2026
MANUFACTURING
India’s ₹3,936-Cr Chip Bet: Two New Semiconductor Projects Get Approval
The Union Cabinet has approved two new semiconductor projects under the India Semiconductor Mission (ISM), reinforcing India’s push to build a self-reliant and globally competitive chip ecosystem. The approvals include the country’s first commercial Mini/Micro-LED display facility based on Gallium Nitride (GaN) technology, alongside a semiconductor packaging unit. Investment, jobs and strategic locationBoth projects will […]
CW Bureau
·
May 5, 2026
STARTUP/TECHNOLOGY
MeitY Launches Silicon Photonics PDK, PPIC Test Engine At IIT Madras
Ministry of Electronics and Information Technology (MeitY) Secretary S. Krishnan launched two silicon photonics technology solutions — a Process Design Kit (PDK) for photonics chip manufacturing and a Universal packaged PPIC (Programmable Photonic Integrated Circuit) Test Engine — developed at the MeitY-supported Centre of Excellence at IIT Madras. The launch was held in the presence […]
CW Bureau
·
Apr 25, 2026
MANUFACTURING
Chip Boost: India Notifies ₹91,000-Cr Tata Semiconductor SEZ At Dholera
The Indian Government has notified a Special Economic Zone (SEZ) to be set up by Tata Semiconductor Manufacturing Pvt Ltd at Dholera, Gujarat, with a massive investment of ₹91,000 crore. The project, spread across 66.166 hectares, will focus exclusively on electronic hardware, software, and IT/ITES, marking a significant milestone in India’s technology manufacturing ambitions. India’s […]
CW Bureau
·
Apr 16, 2026
STARTUP/TECHNOLOGY
MIC Electronics To Acquire Neo Semi Of Singapore In ₹358-Cr Transaction
Hyderabad-based MIC Electronics Ltd has announced that its Board has approved the acquisition of an 89.65% stake in Singapore-incorporated Neo Semi SG Pte Ltd for a total consideration of ₹357.60 crore. Expanding into deep-tech and semiconductor ecosystem Neo Semi operates in advanced technology domains including semiconductor IP, AI-driven energy logistics, IoT-enabled smart grids, climate resilience […]
CW Bureau
·
Mar 30, 2026
