India · Updated 22 Oct, 09:00 am IST
Indian chip firms seek overseas customers as domestic demand lags
Why it matters for readers: This matters because India’s chipmaking ambitions face a gap between policy goals and current commercial demand.
- Tata Electronics signed a partnership with Nexperia to supply its OSAT plant in Jagiroad, Assam.1
- Kaynes Semicon announced a deal with Japan’s Mitsui & Co, with regulatory clearance received on 9 March.1
- CG Semi, a joint venture of CG Power and Industrial Solutions, is also targeting overseas customers to drive sales.1
- Companies say global clients are the most immediate source of commercial demand as India’s domestic market remains tepid.1
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