Articles for tag: Aims, Chips, dependency, Ensuring, Indias, indigenous, Launch, Product, Reducing, Retention, Semiconductor, Strategic, Tech

Market News

L&T Semiconductor aims to launch indigenous chips by 2026, reducing India’s tech dependency and ensuring strategic product retention.

L&T Semiconductor aims to launch indigenous chips by 2026, reducing India’s tech dependency and ensuring strategic product retention.

L&T Semiconductor Technologies, a fabless chip company, is gearing up to begin manufacturing its own semiconductor products within the next two years. CEO Sandeep Kumar announced that the company aims to set up chip manufacturing plants once it reaches revenue targets between USD 50 million and USD 1 billion. Currently, L&T is developing teams to ...

Market News

India’s exports to China plummet by over 22%, highlighting rising import dependency amid a broader global trade slowdown.

India’s exports to China plummet by over 22%, highlighting rising import dependency amid a broader global trade slowdown.

India is experiencing a significant drop in exports to China, with a 22.44% decline to $1 billion in August, compared to an overall export decrease of 9% to $34.7 billion. Despite this contraction, China’s dependency as India’s largest import partner remains strong, with imports rising by 15.5% year-on-year to $10.8 billion. Key export items to ...

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