STARTUP NEWS ASIA

Boosting the signal on Asia's tech news

Asia's Tech News in September
Asia's Tech Newsletter, Weekly
GITEX Asia tech conference

September: India

Indian technology news in September 2024 covered a lot of ground, in technologies, implementations, and with successes and challenges. These included, for instance: Gujarat-Taiwan semiconductor manufacturing; China’s Lenovo moving to a made-in-India footing for some AI servers; the growing impacts of cybercrime in India, and the government’s moves to combat this; major Indian datacenter developments, with 102 cities set for facilities; a range of Indian space and satellite news items; and more.

Plus: Asia’s Tech News, Weekly >

India Startups H1 2024

Indian Tech Startups Funding Report H1 2024

  • India: Tata Electronics is to hire 20,000 more employees at Hosur iPhone assembly plant, doubling the workforce to tap into Apple’s aims to boost India manufacturing / full item
  • India’s Bharat Web3 Ass’n inks agreements with Australia’ Digital Economy Council and Asosiasi Blockchain Indonesia for collaboration, standards development and more / full item
  • India: Karnakata state to set space policy, developing a space technologies Centre of Excellence with sights on services for 10% of the global industry / full item
  • India: Tata Electronics and Taiwan’s PSMC ink agreement for major semiconductor manufacturing facility in Gujarat, with investment projected at $11BN / full item
  • India: Taiwan’s Foxconn is mulling construction of a $1BN smartphone display modules assembly facility in Tamil Nadu, with operating model side-stepping China components / full item

“An estimated 20% of the global semiconductor engineering workforce is of Indian origin… Despite this… [the] sector has struggled to generate significant financial returns…” / full item

  • India’s GalaxEye space-technologies firm gains $2M backing from Infosys Innovation Fund, seeing opportunities in multi-sensor satellites and comprehensive datasets generated / full item
  • India: Gov’t has approved space projects including Chandrayaan-4 lunar sample return mission, a first space station module, and Venus Orbiter Mission / full item
  • India: China’s Lenovo announces AI server manufacturing in India, alongside inauguration of state-of-the-art Infrastructure Solutions R&D lab / full item
  • India: Uttar Pradesh unveils plans for state’s first semiconductor park in Noida, aiming to attract global chip firms with a range of subsidies / full item
Indian semiconductor startups

Inc42: The Rise of India’s Semiconductor Startups

  • India: Government is to launch the Bharat Startup Knowledge Access Registry – BHASKAR – initiative under Startup India, aiming for a one-stop platform for firms and investors / full item
  • India’s Tata Electronics inks MoU with Tokyo Electron Limited, accelerating production of semiconductor manufacturing equipment in Gujarat, and assembly & testing in Assam / full item
  • India: Tata Consultancy Services reportedly now working with Tata Electronics, leveraging different positions in value chains to roll out first made-in-India chips by 2026 / full item
  • India: Gov’t unveils 4 new initiatives to address growing cybercrime including national criminal suspect registry and training of 5000 new cyber roles / full item
  • India: Pixxel becomes the first Indian space firm to secure NASA contract to provide a hyperspectral earth imaging satellite constellation / full item
  • India: US’ Applied Materials inks MoU with Tamil Nadu gov’t for AI-enabled tech Center of Excellence focused on semicon manufacturing & equipment / full item

“India’s space agency expects a 20%-30% increase in its budget in the coming years…” with pricing aiming for on-par with SpaceX / full item

  • India: Silizium Circuits and Calligo Technologies, semiconductor and RISC-V startups respectively, and the support received from Taiwan’s semicon industry / full item
  • India: Tata Consultancy Services and Google Cloud expand partnership with 2 new AI-backed cybersecurity solutions covering single, multi-, and hybrid cloud environments / full item
  • India: Techno Electric & Engineering Co is preparing to build edge datacenters for RailTel telco in 102 Indian cities, boosting the country’s digital infrastructure / full item
  • India’s Kaynes Semiconductor approved for Gujarat assembly, testing, marking & packaging facility, backed by near $400K investment under gov’t India Semiconductor Mission / full item

“India has emerged as a global research powerhouse, ranking among the top 5 countries in 45 out of 64 critical technologies in 2023…” / full item

  • US-India AI Fellowship Program applications are open, offering a 12-month program for early and mid-career professionals in industry, government, academia, and civil society / full item
  • Philippines’ franchise holder of McDonald’s partners India’s Tata Consultancy Services for cloud-focused upgrade of more than 760 restaurants. / full item
  • National University of Singapore and UK’s Plexal unveil 10 cybersecurity startups for cohort 1 of CyberBoost Catalyse programme / full item
  • Australia: AICRAFT AI firm secures SA Space Collaboration & Innovation Fund backing, partnering India’s Guerin space-tech for miniaturized SAR radar / full item
  • Malaysia’s Cradle Fund and Invest India form strategic India-Malaysia Startup Alliance to strengthen startup ecosystems in both nations / full item
  • Country profiles for Australia, India, Japan and Singapore, via the cmspi ‘Payments Regulation in Asia’ report / full item
Critical technologies September 2024

Critical technologies in the news, globally, in September 2024

Asia’s Tech News, Weekly

Critical tech quarterly, Q2 2024

© 2024 STARTUP NEWS ASIA by Wade K Wright / Asia's tech news weekly

Theme by Anders Norén