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India seeks chipmaking parity with major producers by 2032

Financial Express Pune

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November 21, 2025

UNION MINISTER OF Electronics and IT Ashwini Vaishnaw on Thursday said India’s chipmaking capabilities are set to be at par with other major producers by 2032, an aggressive timeline that underscores the government’s urge to bolster domestic manufacturing.

- SANKALP PHARTIYAL

“In case of semiconductors, by 2031-2032 — in that timeframe we will be equivalent to what many of these countries are at today,’ Vaishnaw told Bloomberg’s New Economy Forum in Singapore.“Then it'll be a race which will be very fair and a level playing field”

The government’s semiconductor push is in early stages, with the country boosting spending to attract designers and manufacturers.

MEER VERHALEN VAN Financial Express Pune

Financial Express Pune

'Our vision is to build a future-ready airport'

Noida International Airport (NIA) expects to handle 6 to 8 million passengers in the first full year of operation and will connect the Delhi national capital region to 10 domestic and some international destinations, Christoph Schnellmann, the airport's chief executive officer, told Yaruqhullah Khan in an interview.

time to read

2 mins

December 16, 2025

Financial Express Pune

Growth over last decade has been broad-based: FM

ACTUAL HOUSEHOLD CONSUMPTION data point to a decisive shift in India's growth trajectory, with the bottom 40% (B40) of the population accumulating wealth and assets far faster than the top 20% (T20), driving a sharp compression in inequality, Finance Minister Nirmala Sitharaman said on Monday.

time to read

1 min

December 16, 2025

Financial Express Pune

Jindal Group enters urban mobility with Trevel launch

ELECTRIC MOBILITY STARTUP

time to read

1 min

December 16, 2025

Financial Express Pune

Create more space to let solar power flow

Solar power is auctioned almost every fortnight and developers are actively securing capacity, so boosting transmission network is crucial to reap benefits

time to read

3 mins

December 16, 2025

Financial Express Pune

Axis to hire 50 pvt bankers to target India wealth boom

AXIS BANK IS adding 50 private bankers and plans to launch several funds in the GIFT City, as part of a strategy to tap into the explosive growth of the country's wealthy population.

time to read

1 min

December 16, 2025

Financial Express Pune

Marine exports increase 16% in Apr-Nov

DESPITE BEING HIT by US tariffs, India's marine products' exports increased by over 16% to $5.75 billion in April -November, 2025-26, on year, because of a surge in shipment across several new markets, according to official data released on Monday.

time to read

2 mins

December 16, 2025

Financial Express Pune

In major overhaul, Centre proposes single regulator for higher education

THE GOVERNMENT ON Monday introduced the Viksit Bharat Shiksha Adhishthan Bill, 2025 in Parliament that aims to overhaul higher education by setting up a single regulator for higher education that will set standards, streamline governance, and provide policy directions.

time to read

2 mins

December 16, 2025

Financial Express Pune

'Micro-LAP, small home loans stress pockets in retail credit'

THE CREDIT PERFORMANCE across most retail loan products remained stable in the September quarter, with balance-level delinquencies improving year-on-year for home loans, personal loans, credit cards and gold loans, TransUnion CIBIL said on Monday.

time to read

1 min

December 16, 2025

Financial Express Pune

India, Mexico start talks on trade pact

INDIA HAS STARTED discussions on a Preferential Trade Agreement (PTA) with Mexico to cushion the impact of steep tariff increase by it on the countries with which it does not have any Free Trade Agreement (FTA).

time to read

1 min

December 16, 2025

Financial Express Pune

Siemens growth engine gaining speed

ORDER INFLOWS SWELL 20% Y-O-Y TO ¥20,000 CRORE IN FY25

time to read

2 mins

December 16, 2025

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