India’s Chip Push Gains Momentum as Semiconductor Ecosystem Expands

At SEMICON India 2026, Prime Minister Narendra Modi said India’s expanding semiconductor ecosystem is creating new opportunities across chip design, manufacturing, packaging and electronics. The three-day event brings together more than 600 companies from 52 countries, highlighting growing global industry participation. India Semiconductor Mission 2.0 has an expanded outlay of $13.5 billion, while 12 chip…

BYD, Xiaomi and Innolight executives likely to join Xi Jinping on US visit: sources

Executives from BYD, Xiaomi, Zhongji Innolight, and Bank of China are likely to join Xi Jinping’s upcoming US trip, sources say. The sizeable business delegation would mirror Trump’s CEO entourage during his May Beijing visit, signaling potential investment deals at the summit despite Innolight facing US export-restriction scrutiny. Source: SCMP Read More…

UPI Fee Shock: Festive Shopping Faces Price Hikes as Retailers Cut Discounts

Retailers and apparel makers are warning that prices could rise or festive discounts could shrink after the government introduced a 0.4% Merchant Discount Rate (MDR) on UPI transactions above ₹2,000, effective October 15. Although retailers are prohibited from directly passing the MDR on to consumers as a surcharge, industry executives say higher prices or reduced…

India’s Transition to an Industrial Economy in the “China+1” Era: Structural Bottlenecks, Localisation & MSME Integration

India’s Transition to an Industrial Economy in the “China+1” Era: Structural Bottlenecks, Localisation & MSME Integration   By- Kartik Shyam Mogha, Research Associate & Manya Bhati, Research Intern Swadeshi Shodh Sansthan   Throughout history, the locus of global production has continually shifted, fundamentally altering the balance of power and civilizational progress. For decades, the world…