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India Gazette
11-07-2025
- Business
- India Gazette
Semicon India 2025 to feature global pavilions, country roundtables, and record participation
New Delhi [India], July 11 (ANI): The fourth edition of 'Semicon India 2025' will feature first-ever global pavilions, country roundtables, skilling initiatives, and a design startup pavilion, with more than 300 companies from 18 different countries participating in the event, the Ministry of Electronics and IT said on Friday. The fourth edition of the 'Semicon India 2025: Building the Next Semiconductor Powerhouse' Conference and Exhibition is scheduled to be jointly organised by ISM and SEMI from 2nd to 4th September 2025 at Yashobhoomi (India International Convention and Expo Centre - IICC), New Delhi. The event will showcase India's growing capabilities and ambitions in the microelectronics and semiconductor value chain. Organised under the aegis of the India Semiconductor Mission, Ministry of Electronics and Information Technology (MeitY), SEMICON India 2025 will serve as a high-impact platform to unite the global and domestic stakeholders across the policy, industry, academia, and investment communities. A key high point of SEMICON India 2025 is the significantly higher level of stakeholder participation compared to previous editions. This reflects the growing success of the Semicon India Programme in attracting global semiconductor companies, who now view India as an emerging and trusted semiconductor hub. This edition will witness several important firsts. For the first time, the exhibition will feature four International Pavilions--from Japan, South Korea, Singapore, and Malaysia, as compared to none in previous editions. Also debuting for the first time are eight Country Roundtables, bringing together companies from India and key partner nations to foster bilateral collaboration. In a strong push towards skilling and future-readiness, Training, Upskilling, and Workforce Development Programs for students and engineers will be introduced for the first time, including career counselling to guide and mentor young talent. The event will also feature a dedicated Semiconductor Design Startup Pavilion, offering a platform for innovation-led chip design enterprises. Additionally, nine State Government Pavilions will participate this year, up from six in the previous edition. SEMICON India 2025 will host over 300 exhibiting companies from 18 countries and regions, showcasing the entire electronics value chain -- from materials and equipment to silicon, design, and systems. The scale and diversity of participation signal India's growing integration into the global semiconductor ecosystem. The event will also include a three-day conference featuring global Chief Experience Officers (CXOs) and expert speakers, who will share insights on semiconductor manufacturing, technological advances, supply chain strategies, and industry trends. Other special features of the event include the Workforce Development Pavilion, Startup Pavilion, eight Country Roundtables, B2B Forums, and structured Training & Upskilling Programs -- all aimed at strengthening India's talent pipeline and ecosystem capabilities. The Centre is actively working on the plans to make India a preferred destination for the development of semiconductor chips through its policy initiatives and support to the industry players. Government has approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the country. The programme has further been modified in view of the aggressive incentives offered by countries already having an established semiconductor ecosystem and a limited number of companies owning advanced node technologies. In the latest developments, The Union Cabinet has approved a semiconductor manufacturing unit in Jewar, Uttar Pradesh, India's sixth. This facility will be established near Uttar Pradesh's Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant Foxconn. The sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per month. The works on the other five units are currently underway, and one of them is expected to be inaugurated later this year. On the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing sectors. Since manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology sectors. (ANI)
Time of India
07-07-2025
- Business
- Time of India
Electronics makers hit by gold compound import curbs after China rare earth squeeze
By Prasoon Srivastava India's electronics manufacturing sector , which has been struggling with China's restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound -- a key raw material. Rare earth magnets have diverse utility ranging from computer chips and electronic components to electric vehicles, wind turbines, and medical equipment. Gold compounds are also widely used in critical electronic components to improve flow of electric current in motherboards, semiconductors etc. The Directorate General of Foreign Trade (DGFT) in an order dated June 17 reclassified imports of colloidal precious metals and compounds from "free" to "restricted" category. The development followed restrictions from China on export of rare earth magnets and specialised capital goods. India Cellular and Electronics Association (ICEA) in a letter to the Ministry of Electronics and IT said that the import restriction has brought in uncertainty in the efforts of industry to scale up domestic electronics manufacturing . "The recent import restriction has affected the availability of this critical material. This has introduced uncertainty in light of ongoing efforts to scale up electronics manufacturing. The resulting policy unpredictability may also deter investment in critical sub-assembly segments where these inputs are essential," ICEA Chairman Pankaj Mohindroo said. While demanding measures to resolve the import of gold compounds, Mohindroo said the Electronics Component Manufacturing Scheme (ECMS) aims to localise key components such as printed circuit boards, camera modules, mechanical parts and connectors -- all of which require a gold based plating materials as part of the manufacturing process. Electronic component makers body Elcina in a letter to the Ministry of Electronics and IT said that customs authorities have begun holding consignments of Potassium Gold Cyanide (GPC) and similar materials, resulting in significant delays to production lines and disruption to supply chains in the electronics manufacturing sector. Elcina Secretary General Rajoo Goel said that Potassium Gold Cyanide, colloidal precious metals, and other compounds are used as critical raw materials in the manufacturing of electronic components, including connectors, high-end PCBs and semiconductors, among others. "These inputs are imported on an actual user basis and consumed entirely within the manufacturing process. They do not enter the bullion trade or precious metal markets. Their import is critical for captive consumption by electronics manufacturers and involves their usage in miniscule quantities (trace usage) in finished goods," he said. Elcina has said that import restriction will adversely impact the ease of doing business for electronic components manufacturers and ' Make in India ' to achieve the goals of the government's flagship schemes like ECMS, PLI and SPECS. In April 2024, China implemented strict export licensing on rare earth elements like terbium and dysprosium -- key inputs for high level performance NdFeB (Neodymium-Iron-Boron) magnets used in consumer electronics. Elcina estimates that over 21,000 jobs are at risk in Noida and South India in the country's audio electronics segment due to restrictions imposed by China on export of rare earth metals. Electronics manufacturing services companies are also facing problems in importing capital goods from China which is delaying their production. Recently, iPhone maker Foxconn had to send back hundreds of Chinese technology professionals who were helping the company's India unit in expansion of manufacturing capacity and training professionals for handling machines.
Mint
06-07-2025
- Business
- Mint
Indian electronics manufacturers face double whammy with import curb on gold compounds
New Delhi, Jul 6 (PTI) India's electronics manufacturing sector, which has been struggling with China's restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound -- a key raw material. Rare earth magnets have diverse utility ranging from computer chips and electronic components to electric vehicles, wind turbines, and medical equipment. Gold compounds are also widely used in critical electronic components to improve flow of electric current in motherboards, semiconductors etc. The Directorate General of Foreign Trade (DGFT) in an order dated June 17 reclassified imports of colloidal precious metals and compounds from "free" to "restricted" category. The development followed restrictions from China on export of rare earth magnets and specialized capital goods. India Cellular and Electronics Association (ICEA) in a letter to the Ministry of Electronics and IT said that the import restriction has brought in uncertainty in the efforts of industry to scale up domestic electronics manufacturing. "The recent import restriction has affected the availability of this critical material. This has introduced uncertainty in light of ongoing efforts to scale up electronics manufacturing. The resulting policy unpredictability may also deter investment in critical sub-assembly segments where these inputs are essential," ICEA Chairman Pankaj Mohindroo said. While demanding measures to resolve the import of gold compounds, Mohindroo said the Electronics Component Manufacturing Scheme (ECMS) aims to localise key components such as printed circuit boards, camera modules, mechanical parts and connectors -- all of which require a gold based plating materials as part of the manufacturing process. Electronic component makers body Elcina in a letter to the Ministry of Electronics and IT said that customs authorities have begun holding consignments of Potassium Gold Cyanide (GPC) and similar materials, resulting in significant delays to production lines and disruption to supply chains in the electronics manufacturing sector. Elcina Secretary General Rajoo Goel said that Potassium Gold Cyanide, colloidal precious metals, and other compounds are used as critical raw materials in the manufacturing of electronic components, including connectors, high-end PCBs and semiconductors, among others. "These inputs are imported on an actual user basis and consumed entirely within the manufacturing process. They do not enter the bullion trade or precious metal markets. Their import is critical for captive consumption by electronics manufacturers and involves their usage in miniscule quantities (trace usage) in finished goods," he said. Elcina has said that import restriction will adversely impact the ease of doing business for electronic components manufacturers and 'Make in India' to achieve the goals of the government's flagship schemes like ECMS, PLI and SPECS. In April 2024, China implemented strict export licensing on rare earth elements like terbium and dysprosium -- key inputs for high level performance NdFeB (Neodymium-Iron-Boron) magnets used in consumer electronics. Elcina estimates that over 21,000 jobs are at risk in Noida and South India in the country's audio electronics segment due to restrictions imposed by China on export of rare earth metals. Electronics manufacturing services companies are also facing problems in importing capital goods from China which is delaying their production. Recently, iPhone maker Foxconn had to send back hundreds of Chinese technology professionals who were helping the company's India unit in expansion of manufacturing capacity and training professionals for handling machines.
Economic Times
06-07-2025
- Business
- Economic Times
Electronics makers hit by gold compound import curbs after China rare earth squeeze
TIL Creatives AI generated image for representation purposes. India's electronics manufacturing sector, which has been struggling with China's restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound -- a key raw material. Rare earth magnets have diverse utility ranging from computer chips and electronic components to electric vehicles, wind turbines, and medical equipment. Gold compounds are also widely used in critical electronic components to improve flow of electric current in motherboards, semiconductors etc. The Directorate General of Foreign Trade (DGFT) in an order dated June 17 reclassified imports of colloidal precious metals and compounds from "free" to "restricted" category. The development followed restrictions from China on export of rare earth magnets and specialised capital goods. India Cellular and Electronics Association (ICEA) in a letter to the Ministry of Electronics and IT said that the import restriction has brought in uncertainty in the efforts of industry to scale up domestic electronics manufacturing. "The recent import restriction has affected the availability of this critical material. This has introduced uncertainty in light of ongoing efforts to scale up electronics manufacturing. The resulting policy unpredictability may also deter investment in critical sub-assembly segments where these inputs are essential," ICEA Chairman Pankaj Mohindroo said. While demanding measures to resolve the import of gold compounds, Mohindroo said the Electronics Component Manufacturing Scheme (ECMS) aims to localise key components such as printed circuit boards, camera modules, mechanical parts and connectors -- all of which require a gold based plating materials as part of the manufacturing process. Electronic component makers body Elcina in a letter to the Ministry of Electronics and IT said that customs authorities have begun holding consignments of Potassium Gold Cyanide (GPC) and similar materials, resulting in significant delays to production lines and disruption to supply chains in the electronics manufacturing sector. Elcina Secretary General Rajoo Goel said that Potassium Gold Cyanide, colloidal precious metals, and other compounds are used as critical raw materials in the manufacturing of electronic components, including connectors, high-end PCBs and semiconductors, among others. "These inputs are imported on an actual user basis and consumed entirely within the manufacturing process. They do not enter the bullion trade or precious metal markets. Their import is critical for captive consumption by electronics manufacturers and involves their usage in miniscule quantities (trace usage) in finished goods," he said. Elcina has said that import restriction will adversely impact the ease of doing business for electronic components manufacturers and 'Make in India' to achieve the goals of the government's flagship schemes like ECMS, PLI and SPECS. In April 2024, China implemented strict export licensing on rare earth elements like terbium and dysprosium -- key inputs for high level performance NdFeB (Neodymium-Iron-Boron) magnets used in consumer electronics. Elcina estimates that over 21,000 jobs are at risk in Noida and South India in the country's audio electronics segment due to restrictions imposed by China on export of rare earth metals. Electronics manufacturing services companies are also facing problems in importing capital goods from China which is delaying their production. Recently, iPhone maker Foxconn had to send back hundreds of Chinese technology professionals who were helping the company's India unit in expansion of manufacturing capacity and training professionals for handling machines.
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Business Standard
06-07-2025
- Business
- Business Standard
Electronics makers face fresh blow from import curb on gold compounds
India's electronics manufacturing sector, which has been struggling with China's restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound -- a key raw material. Rare earth magnets have diverse utility ranging from computer chips and electronic components to electric vehicles, wind turbines, and medical equipment. Gold compounds are also widely used in critical electronic components to improve flow of electric current in motherboards, semiconductors etc. The Directorate General of Foreign Trade (DGFT) in an order dated June 17 reclassified imports of colloidal precious metals and compounds from "free" to "restricted" category. The development followed restrictions from China on export of rare earth magnets and specialized capital goods. India Cellular and Electronics Association (ICEA) in a letter to the Ministry of Electronics and IT said that the import restriction has brought in uncertainty in the efforts of industry to scale up domestic electronics manufacturing. "The recent import restriction has affected the availability of this critical material. This has introduced uncertainty in light of ongoing efforts to scale up electronics manufacturing. The resulting policy unpredictability may also deter investment in critical sub-assembly segments where these inputs are essential," ICEA Chairman Pankaj Mohindroo said. While demanding measures to resolve the import of gold compounds, Mohindroo said the Electronics Component Manufacturing Scheme (ECMS) aims to localise key components such as printed circuit boards, camera modules, mechanical parts and connectors -- all of which require a gold based plating materials as part of the manufacturing process. Electronic component makers body Elcina in a letter to the Ministry of Electronics and IT said that customs authorities have begun holding consignments of Potassium Gold Cyanide (GPC) and similar materials, resulting in significant delays to production lines and disruption to supply chains in the electronics manufacturing sector. Elcina Secretary General Rajoo Goel said that Potassium Gold Cyanide, colloidal precious metals, and other compounds are used as critical raw materials in the manufacturing of electronic components, including connectors, high-end PCBs and semiconductors, among others. "These inputs are imported on an actual user basis and consumed entirely within the manufacturing process. They do not enter the bullion trade or precious metal markets. Their import is critical for captive consumption by electronics manufacturers and involves their usage in miniscule quantities (trace usage) in finished goods," he said. Elcina has said that import restriction will adversely impact the ease of doing business for electronic components manufacturers and 'Make in India' to achieve the goals of the government's flagship schemes like ECMS, PLI and SPECS. In April 2024, China implemented strict export licensing on rare earth elements like terbium and dysprosium -- key inputs for high level performance NdFeB (Neodymium-Iron-Boron) magnets used in consumer electronics. Elcina estimates that over 21,000 jobs are at risk in Noida and South India in the country's audio electronics segment due to restrictions imposed by China on export of rare earth metals. Electronics manufacturing services companies are also facing problems in importing capital goods from China which is delaying their production. Recently, iPhone maker Foxconn had to send back hundreds of Chinese technology professionals who were helping the company's India unit in expansion of manufacturing capacity and training professionals for handling machines.
