Semicon India 2025: PM Modi receives first made-in-India chip; industry leaders hail nation’s role in global ecosystem

PM Modi receives first made-in-India chip Prime Minister Narendra Modi on Tuesday received the country’s first made-in-India semiconductor chip at the inauguration of Semicon India 2025 in New Delhi. Union IT minister Ashwini Vaishnaw presented the Vikram 32-bit processor, developed by Isro’s Semiconductor Lab, along with test chips from four approved projects.According to news agency…

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Semiconductor push: India hosts 20% of world’s chip design engineers; consumption set to cross $120 billion by 2030

India accounts for around 20 per cent of the world’s chip design engineers, placing it as a key player in the global semiconductor design ecosystem, according to a report by Bastion Research.According to news agency ANI, the report underlined India’s strong position in the global semiconductor chain, noting, “India is already an important piece in…

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Market watch: Asian stocks rebound as tech fuels gains; oil climbs as Ukraine targets Russian refineries

Representative image (Picture credit: AP) Asian stocks opened with modest gains on Tuesday, supported by a rebound in technology and artificial intelligence shares, while oil prices advanced amid growing concerns over supply disruptions linked to the Russia-Ukraine conflict.In equity markets, shares in Japan and South Korea recovered after Monday’s losses, though Australian stocks slipped. US…

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DGCA grants safety clearance to AISATS

NEW DELHI: The Directorate General of Civil Aviation (DGCA) has granted safety clearance to Air India SATS Airport Services Pvt Ltd (AISATS) for the first time. Since ground handling is vital to aviation safety, and with increasing traffic, larger aircraft, faster turnarounds, and multiple service providers, DGCA has mandated safety clearance for all operators. India…

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