India’s tech news headlines in March 2023 covered items including India’s moves in semiconductor manufacture, the country’s increasing presence in tech component production as firms diversify away from China, increasing regulation of social media firms operating in India, and many more. Hit the headline links, below, to read each news article in full.
Our other editions include daily, weekly, monthly, and mobile technology news updates.
Bain & Co / IVCA: India Venture Capital Report 2023
- India: Gov’t to establish 3 large-scale ‘grievance committees’ to oversee moderation decisions of Meta, Google, Twitter and others, sparking concerns over censorship and political misuse
- India: NeoDocs startup unveils smartphone-based health test kit, using a urine sample to give results in 30 seconds
- India: Foxconn iPhone maker reportedly to establish $1BN 300-acre mega-facility near Bengaluru International Airport as part of diversification bid in response to China issues
- India and Italy unveil Startup Bridge initiative, a matchmaking platform to link early-stage startups with investors
- Taiwan’s Foxconn Foxconn looks at cooperation in India in new areas including electric vehicles and chips, looking to boost India production to 25% from current 5-7%
“Apple’s iPhones will soon be assembled at another site in the southern Indian state of Karnataka, and 300 acres (120 hectares) have been aside to set up a factory, the state government said on Friday.”
- India: Pixxel unveils first images from hyperspectral satellites, with plans for 24-satellite constellation by end of 2025
- India: Delhi High Court rules use of obscene words on social media platforms must be regulated ‘when it crosses a particular line’ due to ‘true threat’ to impressionable minds and cannot be protected as free speech
- Sequoia heats up early-stage startup investments in India and Southeast Asia’ via @TechCrunch
India & SVB: “…every third startup in Silicon Valley is founded by Indian-Americans,…a significantly large number of these founders would be impacted…in…even making basic payments and giving paychecks to their employees.”
- India: Gov’t imposes anti-money laundering provisions on the crypto sector in regulatory move, in part hoping to ensure that KYC is not simply best practice but a compliance requirement
- India: 35% of employees at the nation’s IT organisations may soon be gig workers according to Microsoft and Zinnov study
India & semiconductors: “…will reach $55BN by 2026 with more than 60% of the market being driven by 3 industries which include smartphones & wearables, auto components, and computing & data storage.”
- India: Bharat 2 Study reveals 45% growth in active internet users in rural India since 2019, alongside 61% growth in female internet users in the same time
- India: Taiwan’s Foxconn to construct manufacturing facility in Telangana in H2 2023 focusing on Apple AirPods, with sights on production by end of 2024
- India’s Tech Mahindra IT services giant partners Indonesia’s Indosat Ooredoo Hutchison to run the telco’s tech ops, serving over 102M mobile subscribers
- India’s SatCom Industry Association and Taiwan’s Industrial Technology Research Institute ink MOU to collaborate on common platform for the space industry of both countries
- ICYMI: Australia-India Critical Mineral Investment Partnership has been extended with new lithium and cobalt projects providing key milestones towards sustainable supply chains
Deloitte: 2023 Semiconductor Industry Outlook
Asia’s tech news headlines
Our other news editions go out on a range of platforms and channels, and across a range of timeframes, highlighting key tech news from across Asia and the Indo-Pacific, and showcasing the region’s startups and technology developments:
