Legacy fabs key to India’s chip push | Epiroc sees India as global innovation hub | Kaynes Semicon unveils India’s first multi-chip module
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ETManufacturing Newsletter | Thursday, October 16, 2025

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Legacy fabs can be the cheat code to India's semiconductor push
India's semiconductor ambitions need not hinge solely on new fabs. Industry veteran Ravi Prabhakar, CEO of Orbit & Skyline, contends that legacy fabs and refurbished equipment could serve as the nation's real "cheat code," enabling faster production, lower costs, and stronger skill development.  read more...
India emerging as a global innovation and manufacturing hub for Epiroc: President & CEO Helena Hedblom
Epiroc doubles down on India with a new Nashik plant and bets on the country's talent, innovation, and growing role in shaping the future of sustainable mining.  read more...
Kaynes Semicon rolls out India's first commercially manufactured multi-chip module
The development marks a breakthrough in India's ability to assemble and test sophisticated power modules domestically, serving applications across key sectors.  read more...
LG Electronics India to deepen manufacturing, eyes export growth and tier-II expansion
LG India is expanding its value product lineup and manufacturing footprint, targeting Tier-II and Tier-III cities ahead of the festive season. Sanjay Chitkara, Senior V-P, LG India, says the company is balancing growth and margins while driving innovation, customer experience, and export opportunit...  read more...
India, South Korea ties get stronger with tech-driven partnership in chips, green energy
India and South Korea are forging a strategic partnership centered on technology, particularly in semiconductors and sustainable energy. This collaboration aims to bolster India's ambition to become a semiconductor hub and accelerate its clean energy transition, leveraging South Korea's expertise an...  read more...
Steel makers' margins to shrink even as non-ferrous firms gain in Q2
Domestic hot-rolled coil (HRC) prices declined by ₹2,200 per tonne quarter-on-quarter to ₹49,500 per tonne in the second quarter of the current fiscal year.  read more...
Jindal Stainless to invest $150 mn to double slag processing capacity at Odisha plant
New wet milling unit with Harsco partnership to boost metal recovery, circularity, and resource conservation  read more...
Met coke shortages hit India's steel mills in first half of 2025
Domestic production covers only half of demand, leading to significant shortages. Steelmakers are urging the government to relax import curbs imposed earlier this year.  read more...
Tata Steel says will deploy female staff in all three shifts in Jamshedpur plant
This move aims to foster gender diversity and inclusion. The company has planned a support system for safety and well-being.  read more...
Sahasra Semiconductors expands portfolio, begins exports of 'Made in India' Micro SD cards
The company has partnered with German brand HAMA. This move strengthens India's position as an electronics manufacturing hub. It also supports the government's Make in India initiative.  read more...
CP Plus to make 90 lakh CCTV IP cameras in 3 yrs using L&T SCT-designed chip
The system-on-computers chipset developed by L&T Semiconductor Technologies (LTSCT) support high-resolution imaging of up to eight megapixels ensuring superior image clarity for critical surveillance applications, the fabless chip company said.  read more...
Apple lobbies India to change tax law seen hindering its expansion
India is the world's second-largest mobile market. Apple's contract manufacturers Foxconn and Tata have pumped in billions of dollars to open five plants, but millions of those expenses go into acquiring pricey machines for iPhone assembly.  read more...
AI to enhance capabilities, not replace human endeavours: Oracle's Larry Ellison
Ellison - who briefly overtook Elon Musk last month to become the world's richest man after Oracle stock's meteoric climb added to his personal fortune - is of the firm belief that AI models will help address problems people couldn't solve.  read more...
Swedish truckmaker Scania launches new China manufacturing hub
In a groundbreaking step, Scania, the renowned Swedish truck manufacturer, has unveiled its inaugural fully-owned factory in China. This bold initiative is designed to navigate the complexities of global trade dynamics while bolstering supply efficiency for its Asian clientele.  read more...
Global auto giant Stellantis to set up EV manufacturing and export hub in Abu Dhabi
This partnership aims to build a complete automotive ecosystem. It will boost manufacturing and export capabilities. The move positions Abu Dhabi as a leader in advanced mobility and industrial innovation for the region.  read more...
Trusted Aerospace acquires US-based Joined Alloys for ₹106 crore to strengthen North American operations
TASE Global operates across Europe, Asia and the Americas, offering precision manufacturing and technology solutions for aerospace, medical and industrial applications.  read more...
EU conditionally clears Boeing bid for US firm Spirit AeroSystems
Boeing announced the deal last year to reacquire Spirit, which it spun off in 2005 to lower costs, but the EU had initial concerns it would reduce competition.  read more...
2 drug units in Madhya Pradesh ordered to halt production
One of the affected units produces intravenous (IV) fluids, while the other manufactures pharmaceuticals.  read more...
Rajasthan HC orders Centre, FSSAI to establish GM food safety standards
The directive came in response to a petition highlighting the absence of necessary regulatory measures to oversee GM food products, posing potential risks to public health.  read more...
TCG Crest scientists develop sodium-ion battery with 5-minute charge capability
It offers an energy density of 180 wh/kg. The new cells also deliver 10 kw/kg power output. They show remarkable stability during high-speed charging. This development supports India's Atmanirbhar Bharat vision.  read more...
Saatvik Green Energy, its arm bag orders worth ₹689.47 cr for the supply of solar PV modules
Completion is expected by November 2025 and June 2026, marking a significant leap in the company's revenue forecast and underscoring the confidence shown by its enduring partners.  read more...
EAAA Alternatives to invest up to 400 bn rupees in clean energy over next five years
EAAA Alternatives got a $60 mn commitment from the European Investment Bank for the India Energy Transition Fund, which is looking to raise about $300 mn by the end of the year.  read more...
India, Saudi Arabia bolster cooperation in chemicals and petrochemicals sector
Bilateral trade between the two countries reached $41.88 billion in 2024-25, with chemicals and petrochemicals contributing 10 per cent, which is nearly $4.5 billion.  read more...
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