Moody's Ratings raised India's fiscal year 2027 (FY27) real GDP growth forecast to 7% from its previous estimate of 6%, citing the economy's strong resilience against external shocks and Middle East conflict. #Economy

Cadence expects India’s EDA market to rise from $3.45 billion in 2025 to $7.82 billion by 2031 as Tata’s Dholera fab targets 2028. Cadence’s 2025 global revenue was $5.3 billion, up 14%. It has supported 106 Indian startups on chip design; more than 80 are at advanced product stages. #Semiconductor

My goodness!! What kind of parody episode happening inside Pentagon!

So, a military shipment from Australia which contains F-35 jet canopies that covers the cockpit and stealth technology was diverted to Hong Kong and is currently unaccounted for, probably already made its way into the possession of Chinese military.

#InternationalNews

Read more: https://www.washingtonexaminer.com/policy/defense/4733739/pentagon-investigating-missing-f-35-parts-lost-overseas/

Swedish EQT plans to invest $50 billion in India by 2030, about double the $26 billion it has put in since 1998 across 30 deals. Private-equity deployment is targeted at least $2 billion a year. Adani will build and deliver 1–3 GW of green data-centre capacity for the push. #Economy

Dreamtech’s Greater Noida Plant 1 in India has completed a massive conversion from smartphone component assembly into a dedicated, large-scale Samsung DDR5 memory module line. The facility is aggressively scaling up production this month to reach a massive annual capacity of over 50 million units. #MakeinIndia

Source

Ashwini Vaishnaw announced India’s first Precision Manufacturing Institute plus a 5-tier skill path; Level-1 is 240 hours. Semicon 2.0 may lift the 1 lakh ISM technician target and shift curricula from chip design to system design. The institute feeds mobile, aerospace, defence and semiconductor lines. #Jobs

swarajya

HCL-Foxconn’s ₹3,700 crore India Chip facility in Uttar Pradesh will produce 36 million display driver chips monthly, meeting about 40% of India’s demand and reducing reliance on imports that currently supply 80–85% of components worth over $30 billion annually, while boosting the semiconductor supply chain and leveraging India’s strong chip design talent. #MakeinIndia

Japanese automation provider Hirata Corporation has partnered with ATS India as its exclusive distributor to introduce advanced semiconductor manufacturing equipment and material-handling portfolios to the Indian market.

The collaboration aims to address local supply delays by providing backend technologies such as wafer-handling robots and Equipment Front End Modules, supporting India's domestic semiconductor ambitions. #Semiconductor

Source

Defence Minister Rajnath Singh says during the hand off ceremony of Tejas Trainers, HTT 40, Dhruv NG in HAL facility -

“What we have built is already outdated by the time it reaches our hands.”

#defence

🚀 MCPI & Indian Oil (IOCL) have signed a joint venture agreement to build a ₹5,000-crore mega integrated polyester facility in Bhadrak, Odisha. Moving the project into the execution phase. The upcoming facility features a 900 TPD Continuous Polymerisation unit that will produce polyester chips, Fully Drawn Yarn (FDY), and Draw Textured Yarn (DTY) to boost India's downstream textile value chain. #Textile

Source

Union Minister Ashwini Vaishnaw, in an exclusive interview on India's semiconductor journey, said the real challenges are yet to come and the industry must be prepared for sabotage and global disruptions.

This is just the foundation, as PM said. Building it was difficult, now bigger global challenges will come. When Apple manufacturing started, there was fake news, electricity wires were cut, and sabotage was attempted by people who don't want India to become a manufacturer. The industry must be prepared for physical sabotage, cyber attacks, fake narratives, and fake news. This is a strategic industry.

#Semiconductor #CyberSecurity

#Update India locked a 1.9 mt country-specific EU steel TRQ plus 0.9 mt residual quotas, 2.8 mt in all, covering over 80% of last fiscal’s 3.0 mt EU shipments. The EU’s 18.3 mt duty-free cap and 50% out-of-quota duty took effect 1 July. GTRI puts fully phased CBAM near 35%. #Exports

ICEMA projects construction equipment exports at 20,701 units in FY27, up 19% from 17,396 in FY26 and more than 70% above three years earlier. FY24 shipments were 11,990. First-four-month FY27 exports are up 29%; last year’s electronics-goods exports rose 25% to $48 billion. #Exports

BIS is modernising 21 cotton-testing labs under a ₹38.72-cr Consumer Affairs project. India grows about 23% of world cotton. Plans cover 22 HVI testers and 44 trash analysers; 14 HVIs and 28 analysers are already live in 13 labs. #Textile

Washington Post says the US War Department is hiding true causality numbers of US soldiers killed in the West Asia War than were officially stated.

US Secretary of War Pete Hegseth denies it but Washington Post stands by its claim citing 6 US Officials within the Defense Department

#InternationalNews

🇸🇦⚔️🇾🇪 Houthis have Attacked Saudi Arabia Capital Riyadh

Smoke is rising from the Riyadh King Khalid International Airport after Houthis Ballistic Attack

Edit:- Fuel Storage of Riyadh International Airport is on Fire.

Zoho-backed Netrasemi, incubated at Kerala’s TrEST Park, has raised ₹125 crore and launched its first chip for drones, cameras and robotics. It is in talks with more than 20 OEMs in India and Japan. Cofounder Jyothis Indirabhai called the Centre’s ₹1.28-trillion Semicon 2.0 plan incomplete without procurement preference. #Semiconductor

BCG-ACMA projects India’s auto-component exports at $24 billion in FY26 and $45 billion by FY30. India holds 5% of global component trade versus China’s 12%. Highway Roop books ₹2,500 crore of export revenue; SPR Auto now has 14 plants and eight assembly centres. #Exports