Entrepreneur Loop’s Post

Tech companies are in Bangalore not because Bangalore and Karnataka has plentiful tech talent. They are there because of multiple reasons 1. Bangalore is a wonderful city, climate-wise and is probably the best city all year in India 2. It was an early mover and there is a good eco-system that is established. 3. A true metropolis, Bangalore is safe, has good social life, good education system and has reasonable housing costs. It is because of all of this that Bangalore attracts tech talent. Ask any prospective employee if he will move to Bangalore, it will be a resounding yes. For Karnataka government to believe that companies will be able to fill workforce with local workforce is the height of stupidity. Private enterprise speaks English and need talent who will deliver what client wants. No one is going to be interested in expansion in Bangalore anymore. All businesses will move to other cities as reservations rules like in Karnataka are simply not viable. Talk of killing the goose that lays a golden egg!

The Uttar Pradesh government has reportedly received commitments worth Rs 40,038 Cr under its new semiconductor policy that aims to incentivise chip manufacturing in the state. Citing a statement by Invest UP, Economic Times said that real estate major Hiranandani Group’s Tarq Semiconductor has submitted a proposal to invest Rs 28,440 Cr in the state, while Kaynes Semicon is expected to invest Rs 4,248 Cr. 🚀 Join the startup revolution! Follow StartupTrak for the latest and hottest startup news, inspiring stories, and game-changing innovations! 💯❤️🔥 . . #SemiconductorBoost #UPInvestment #ChipManufacturing #IndiaTech #SemiconductorPolicy #HiranandaniGroup #KaynesSemicon #InvestUP #TechInvestment #EconomicGrowth #ManufacturingInIndia #UPDevelopment #InnovationInUP #SemiconductorIndustry #IndiaEconomy #StartupNews #StartupTrak

Tata Group, a prominent conglomerate in India, has expanded its portfolio by entering the semiconductor manufacturing sector through its subsidiary, Tata Electronics. The company has signed a significant agreement with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India's first semiconductor manufacturing plant in Dholera, Gujarat. This initiative represents a substantial investment of up to Rs 91,000 crore, approximately USD 11 billion. Under the terms of the agreement, PSMC will provide essential technology support, including design and construction assistance for the new facility, which is designed to be AI-enabled and environmentally sustainable. The collaboration aims to leverage PSMC's expertise to enhance Tata Electronics' capabilities in semiconductor manufacturing, positioning the company to meet the demands of the global semiconductor market. The Dholera facility is expected to have a production capacity of up to 50,000 wafers per month and is projected to create over 100,000 skilled jobs, contributing significantly to the local economy and the broader Indian tech landscape. Tata Sons Chairman N Chandrasekaran emphasized the strategic importance of this partnership in advancing India's semiconductor manufacturing capabilities. Follow us startupshivay **** #investupmedia #startupfounder #startupbusiness #startups #startupindia #entrepreneurs #entrepreneurship #entrepreneurmindset #makeinindia #madeinindia #indianstartups #business #businessman #startupculture

𝐒𝐜𝐚𝐥𝐞 𝐔𝐩 & 𝐒𝐡𝐢𝐧𝐞: 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐟𝐨𝐫 𝐌𝐚𝐡𝐚𝐫𝐚𝐬𝐡𝐭𝐫𝐚'𝐬 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬. Are you an 𝐞𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫 looking to expand your production capabilities and reach new markets? Our company is offering a unique 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 opportunity for electronics manufacturers in Maharashtra. By partnering with us, you gain access to cutting-edge 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐬𝐩𝐚𝐜𝐞𝐬, 𝐝𝐞𝐬𝐢𝐠𝐧 𝐞𝐧𝐡𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭 services, and a pathway to scale your business to new heights. Our facility is located in the heart of 𝐌𝐚𝐡𝐚𝐫𝐚𝐬𝐡𝐭𝐫𝐚'𝐬 electronics manufacturing hub, providing you with a strategic advantage in terms of infrastructure, and design capabilities to help you scale your business. This partnership aligns with the Government of India's "Make in India" initiative and the Ministry of Electronics and Information Technology's (𝐌𝐞𝐢𝐭𝐘) mission to encourage the growth of the electronics industry in the country. Join us in this exciting journey and take your electronics manufacturing business to new heights. 𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 today to discuss how we can help you scale your operations and reach new markets. #ElectronicsManufacturers #Maharashtra #StrategicPartnership #ProductionCapabilities #NewMarkets #ProductDesign #ManufacturingHub #MakeInIndia #MeitY #ScaleUp #Infrastructure #DesignEnhancement #BusinessExpansion #ElectronicsIndustry #Innovation #GrowthOpportunity #ManufacturingPartnership #SupplyChain #Logistics #MarketAccess #GlobalOEMs #TechIndustry #BusinessGrowth #IndianManufacturing #Technology #Collaboration #ProductionFacilities #MarketExpansion #Opportunity #PartnershipBenefit #VentureCapital #StartupFunding #InvestmentOpportunity #TechStartups #StartupEcosystem #AngelInvestors #SeedFunding #VCInvestment #EarlyStageInvestment #StartupSupport #FundingOptions #InvestmentNetworks #StartupGrowth #Entrepreneurship #Fundraising

At Lighthouse, we don't just invest in startups, rather invest in ideas and themes. MSMEs cater to roughly ~30% to the total GDP of India and with ~40% to the overall manufacturing in the country. Despite ~1/3rd contribution to the GDP, the credit gap for sector (as highlighted by the standard committee report) stands at ~INR 20-25 lakh cr. For India to be US$5Tn economy, the sector indeed needs to playout by forming a digital ecosystem to bridge its supply and demand gaps. Lighthouse Canton #indianeconomy #manufacturing #msmeindia https://lnkd.in/g4x8gFKn

𝐁𝐮𝐝𝐠𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐮𝐛𝐛𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 🚀🌱 The latest budget is a game-changer for the rubber industry, providing a robust framework for growth through various strategic investments and initiatives. 𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐚𝐧𝐝 𝐒𝐞𝐞𝐝 𝐅𝐮𝐧𝐝𝐢𝐧𝐠: • 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 & 𝐒𝐞𝐞𝐝 𝐅𝐮𝐧𝐝𝐢𝐧𝐠: Startups in the rubber industry can now access crucial funding to cover initial expenses and drive innovation. • 𝐈𝐧𝐜𝐮𝐛𝐚𝐭𝐢𝐨𝐧 𝐂𝐞𝐧𝐭𝐫𝐞 - 𝐀𝐑𝐈𝐒𝐄: Promoted by IRMRI, this center will support business entities, investors, and entrepreneurs, fostering network growth and adapting business strategies to meet market demands. 𝐃𝐞𝐟𝐞𝐧𝐜𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠: • 𝐈𝐧𝐝𝐢𝐫𝐞𝐜𝐭 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: Increased defence funding will enhance import substitution and promote the indigenization of rubber products, furthering the objectives of the Make in India program. 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 (𝐑&𝐃): • Investment in R&D: Significant funds are allocated to R&D, promoting the development of new rubber compounds and sustainable manufacturing processes. This initiative creates job opportunities for engineers and scientists. 𝐄𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: • 𝐉𝐨𝐛 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧 𝐒𝐜𝐡𝐞𝐦𝐞𝐬: The budget includes initiatives to boost employment in manufacturing, creating more jobs in production and technical roles within the rubber industry. • 𝐒𝐤𝐢𝐥𝐥𝐢𝐧𝐠 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐬: Upgraded industrial training institutes will supply skilled workers to the rubber industry, enhancing productivity and innovation. The budget provides a comprehensive framework to support growth and innovation in the rubber industry through funding, job creation, and R&D initiatives. 🌟🔧💼 #RubberIndustry #Budget2024 #Innovation #JobCreation #SustainableGrowth #DefenceSpending #R&D #Dpiit #SanjivSingh #Startups

The Tata Group, a prominent conglomerate in India, is diversifying into semiconductor manufacturing through its subsidiary, Tata Electronics. A significant agreement has been established with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) to develop India's inaugural semiconductor plant in Dholera, Gujarat. This facility represents a substantial investment, estimated at Rs 91,000 crore (approximately USD 11 billion). Under the pact, PSMC will offer critical technology and engineering support, enabling Tata Electronics to construct an AI-enabled greenfield fabrication unit. The collaboration is expected to enhance Tata's capabilities in semiconductor production and contribute to the growth of the technology sector in India. N Chandrasekaran, Chairman of Tata Sons, emphasized that this partnership will be instrumental in establishing a strong foothold in the burgeoning global semiconductor market. The Dholera facility is anticipated to generate over 100,000 skilled jobs, reflecting the Tata Group's commitment to economic development and employment generation. The planned production capacity of the fab unit is set at approximately 50,000 wafers per month, positioning Tata Electronics as a key player in the semiconductor landscape. Follow us Investupmedia **** #investupmedia #startupfounder #startupbusiness #startups #startupindia #entrepreneurs #entrepreneurship #entrepreneurmindset #makeinindia #madeinindia #indianstartups #business #businessman #startupculture

#IndianStartups #StartupSuccess #EntrepreneurshipJourney #InnovateIndia #StartupGrowth #BusinessInspiration #StartupFunding #ViksitBharat2047 #DigitalTransformation #TechInnovation #FutureOfBusiness #StartupReporterUpdates #BusinessIcons2024 #ScaleYourStartup #StartupEcosystemIndia #StartupNews #BusinessGrowth #StartupSuccessStories #FounderStories #BusinessTrends: #StartupAdvice #WomenInBusiness: #followus #followourpage Aimtron Expands Operations, Following Public Listing of Aimtron Electronics LtdAhmedabad (Gujarat) October 3:  Fresh off the public listing of Aimtron Electronics Ltd., Aimtron Group, a global leader in electronic systems design and manufacturing, has reaffirmed its commitment to enhancing self-reliance by expanding its domestic operations in India. The recent public listing marks a significant milestone in the company’s journey, providing greater financial flexibility and an opportunity to accelerate its strategic initiatives in India.   According to Mukesh Vasani, CEO of Aimtron Group, the company is committed to fostering a robust local supply chain that minimizes dependence on overseas operations. “India holds tremendous potential in electronics manufacturing, and we aim to be a major contributor to that growth. Our goal is to ensure that a significant share of our production and innovation happens within the country,” Vasani stated. Building Local Manufacturing Capacity To align with this vision, Aimtron has embarked on several key initiatives. The company is aggressively increasing its manufacturing capacity in India, aiming to locally produce sophisticated and high-quality electronic components that meet global standards. As part of this expansion, Aimtron has made substantial investments in cutting-edge technologies, such as advanced surface-mount technology (SMT) lines with AI capabilities and automated assembly systems, ensuring that Indian facilities are equipped to serve as a major hub for its global operations.   Investing in Talent Development: Aimtron Foundation (www.aimtron.in) Recognizing that innovation comes from skilled professionals, Aimtron is equally focused on developing local talent. Through the Aimtron Foundation, the company has launched extensive training and skill development programs for young engineers and technicians. The foundation plays a key role in bridging the skills gap, equipping individuals with the expertise needed to thrive in the electronics manufacturing industry. “Developing local talent is key to our strategy. Our vision is to create a skilled workforce that drives innovation from within India,” said Vasani. The Aimtron Foundation’s initiatives not only strengthen Aimtron’s capabilities but also contribute to making India a global leader in electronics manufacturing. Alignment with Government Initiatives Aimtron’s strategy closely aligns with the Indian government’s broader goals of boosting domestic manufact

#IndianStartups #StartupSuccess #EntrepreneurshipJourney #InnovateIndia #StartupGrowth #BusinessInspiration #StartupFunding #ViksitBharat2047 #DigitalTransformation #TechInnovation #FutureOfBusiness #StartupReporterUpdates #BusinessIcons2024 #ScaleYourStartup #StartupEcosystemIndia #StartupNews #BusinessGrowth #StartupSuccessStories #FounderStories #BusinessTrends: #StartupAdvice #WomenInBusiness: #followus #followourpage Aimtron Expands Operations, Following Public Listing of Aimtron Electronics LtdAhmedabad (Gujarat) October 3:  Fresh off the public listing of Aimtron Electronics Ltd., Aimtron Group, a global leader in electronic systems design and manufacturing, has reaffirmed its commitment to enhancing self-reliance by expanding its domestic operations in India. The recent public listing marks a significant milestone in the company’s journey, providing greater financial flexibility and an opportunity to accelerate its strategic initiatives in India.   According to Mukesh Vasani, CEO of Aimtron Group, the company is committed to fostering a robust local supply chain that minimizes dependence on overseas operations. “India holds tremendous potential in electronics manufacturing, and we aim to be a major contributor to that growth. Our goal is to ensure that a significant share of our production and innovation happens within the country,” Vasani stated. Building Local Manufacturing Capacity To align with this vision, Aimtron has embarked on several key initiatives. The company is aggressively increasing its manufacturing capacity in India, aiming to locally produce sophisticated and high-quality electronic components that meet global standards. As part of this expansion, Aimtron has made substantial investments in cutting-edge technologies, such as advanced surface-mount technology (SMT) lines with AI capabilities and automated assembly systems, ensuring that Indian facilities are equipped to serve as a major hub for its global operations.   Investing in Talent Development: Aimtron Foundation (www.aimtron.in) Recognizing that innovation comes from skilled professionals, Aimtron is equally focused on developing local talent. Through the Aimtron Foundation, the company has launched extensive training and skill development programs for young engineers and technicians. The foundation plays a key role in bridging the skills gap, equipping individuals with the expertise needed to thrive in the electronics manufacturing industry. “Developing local talent is key to our strategy. Our vision is to create a skilled workforce that drives innovation from within India,” said Vasani. The Aimtron Foundation’s initiatives not only strengthen Aimtron’s capabilities but also contribute to making India a global leader in electronics manufacturing. Alignment with Government Initiatives Aimtron’s strategy closely aligns with the Indian government’s broader goals of boosting domestic manufact