Semiconductor makers need thousands of engineers and technicians, and though India has one of the largest pool of engineers in the world, they do not have experience in the semiconductor manufacturing space.
'India needs many more job creators, both in manufacturing and services, to make it big.' 'For that, the red carpet must be rolled out fully and for all investors without holding back,' suggests Nivedita Mookerji.
PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered
'We condemn recent illicit missile launches in the region that violate UN Security Council resolutions. We express serious concern over recent dangerous and aggressive actions in the maritime domain. We seek a region where no country dominates and no country is dominated one where all countries are free from coercion, and can exercise their agency to determine their futures,' the declaration said.
India is all set to make its presence felt in the $47 billion global outsourced semiconductor testing and packaging market, an arena where Malaysia and Vietnam have been way ahead so far. The Cabinet last Thursday cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner. These, together with Micron's assembly and testing plant which is already being constructed in Sanad in Gujarat, will collectively invest Rs 47,300 crore to set up the factories.
Taiwan reopened baseball games to a limited number of fans on Friday for the first time since controls were imposed to limit the spread of the coronavirus, part of government efforts to slowly allow normal life to resume. Taiwan has been relatively successful at controlling the virus, with 440 cases to date and 6 deaths, with only 85 active infections, thanks to early prevention and detection efforts.
Imane Khelif beat Hungary's Luca Anna Hamori by unanimous decision in a welterweight quarter-final fight at the Paris Games on Saturday to ensure Algeria's first Olympic boxing medal since 2000.
The photo published by the People's Liberation Army Air Force showing a long-range strategic bomber flying within visible range of Yushan, Taiwan's highest mountain, has caused great concern in Taiwan amid debate about whether the mainland will reunify the island by force, state-run Global Times reported.
Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.
Imane Khelif, the boxer at the centre of a gender dispute, beat Thailand's Janjaem Suwannapheng by unanimous decision in a Women's 66kg welterweight semi-final at the Paris Games on Tuesday to progress to the final at Roland Garros.
'They only bring pieces. Dialogue is the only way forward.' 'We should get people who have influence to bring the community leaders to sit across the table and talk.' 'Otherwise, our adversaries across the borders will add fuel to the fire. Let's not give them a chance.'
Tata Group is in discussions with some major international companies, including those from Taiwan, for its foray into the semiconductor chip business. The Union government had earlier tried to bring in Taiwanese manufacturers Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) for chip manufacturing in India. A person close to the development said the Tatas have now opened a separate channel for a possible tie-up. Currently, India mostly imports chips, which are fabricated and assembled to put into various applications, including automobiles, renewable power, mobile phones, televisions, and other electronic items.
The highly-anticipated summit, which began early Tuesday, is the third engagement between Xi, 68, and Biden, 78, since February.
India, the world's third largest oil consuming and importing nation, in July bought $2.8 billion worth of crude oil from Russia, second only to China which remains the largest importer of Russian oil, a report said. Russia emerged as India's biggest supplier of crude oil, which is converted into fuels like petrol and diesel in refineries, after Russian oil was available on discount following some European nations shunning purchases from Moscow over its invasion of Ukraine in February 2022.
Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.
New Delhi has reached out to Moscow while waiting for a new president in Washington. New Delhi knows well that in international relations, there are no permanent friends or foes, only permanent national interests, points out Dr Rup Narayan Das.
Thousands of athletes and staff roamed the Olympic village freely, mingling at cafes and swapping souvenir pins.
'Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest.'
Despite all the noise around India's chance to leverage the China-plus one strategy, India's share of global foreign direct investment (FDI) inflows fell from 3.5 per cent in the first nine months of 2022 to 2.19 per cent in the same period in 2023, according to OECD data. The sharp drop of 54 per cent is much steeper than the overall global FDI inflow decline of 26 per cent in the first nine months. FDI inflows to China have fallen dramatically from a share of 12.5 per cent in the first nine months of 2022 to only 1.7 per cent in the same period in 2023.
China had raised concerns about Taiwan being described as a separate region by various airlines worldwide.
The Xi Jinping regime might try to quell internal distress by directing nationalism and militarism against India, warn Ajay Shah and Gautam Bambawale.
The number of cyber attack cases in India increased by 15 per cent per week on an average in 2023, trailing only Taiwan in the Asia Pacific region, cyber security firm Check Point said on Monday. Organisations across the globe experienced an average of 1,158 weekly cyber attacks each, which was a 1 per cent increase in the number of incidents compared to that in 2022. "In 2023 India received 2,138 weekly attacks per organisation, which is a 15 per cent surge since 2022.
Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.
On Friday, Supanida Katethong came out on top against Indian star PV Sindhu in an intense quarter-final battle in which the Thai shuttler emerged 24-26, 21-17, 22-20 winner in one hour and 17 minutes.
The seasoned Ashwini Ponnappa and her partner Rohan Kapoor entered the second round in the mixed doubles on the opening day of the Syed Modi India International badminton event in Lucknow on Tuesday.
The visit is part of the "Op Deployment of #IndianNavy's @IN_EasternFleet to the #SouthChinaSea," it said, amidst China flexing its muscles in the South China Sea.
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
'Chinese pressure on Taiwan is unlikely to ease till Beijing feels that stability is being restored in the Sino-US relationship,' says former RAW officer Jayadeva Ranade.
India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."
Ahmedabad-based Zydus Lifesciences said on Tuesday that a new drug application for its oral drug Desidustat used in treating anaemia in chronic kidney disease (CKD) patients had been accepted by the National Medical Products Administration of China (NMPA). In 2020, CMS International Development and Management Ltd, a wholly-owned subsidiary of China Medical System Holdings Ltd obtained an exclusive license for the product from Zydus. CKD involves a gradual loss of functioning of kidneys and eventually leads to kidney failure.
The result has no bearing on the semi-final slots in the AFC women's football championship.
Outbound shipments of engineering products in June to these nations doubled to $1.32 billion in June 2020, from $653.52 million in June 2019.
A Taiwanese warship on Friday "mistakenly" fired a supersonic "anti-ship missile" towards China as it celebrated 95th anniversary of the ruling Communist Party amid assertions by President Xi Jinping ruling out independence for Taiwan.
US envoy Eric Garcetti on Thursday said he respects that India likes its "strategic autonomy", but in times of conflict, there is no such thing as strategic autonomy, even as he pitched for forging a stronger partnership between New Delhi and Washington.
Rutuja Bhosale rallied from the brink in the deciding set to win yet another marathon contest but Ankita Raina suffered her second straight singles defeat as India and Taiwan were locked 1-1 in their Fed Cup match , in Dubai, on Friday.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
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