India’s semiconductor demand could nearly double to $90 billion by 2029-30 from around $44 billion in 2025-26, according to a report by KPMG in India, India Deep Tech Alliance and Nishith Desai Associates. Mobile and wearables are expected to remain the largest demand segment, while India also has opportunities in chip design, advanced packaging, equipment, materials and semiconductor R&D.
India and Nepal reviewed measures to facilitate bilateral trade and transit connectivity during a two-day Inter-Governmental Sub-Committee meeting in New Delhi. Discussions covered market access for agricultural, dairy, pharmaceutical and other products, customs cooperation, electronic Certificates of Origin, border infrastructure, rail and road connectivity, and Integrated Check Posts. Both sides also discussed measures to prevent unauthorised trade and address operational bottlenecks.
India is pushing to transform BRICS into a stronger economic and technology platform, with emphasis on resilient supply chains, startups, critical technologies, green energy and cooperation among emerging economies. Prime Minister Narendra Modi has also called for the Global South to move from being a rule-taker to a rule-shaper.
The company released six initial reports involving concealed mistakes, fabricated information, exposed software keys and unauthorized file uploads, while investigations may continue after publication.
Semicon 2.0 will focus on expanding India’s semiconductor ecosystem across chip design, manufacturing, packaging, equipment, materials, research and talent development, Union Minister Ashwini Vaishnaw said at SEMICON India 2026.
CII President R Mukundan said changes related to the Merchant Discount Rate (MDR) on UPI transactions need to balance the security of digital payments with rising capital expenditure. He also highlighted opportunities to expand BRICS trade and investment by reducing non-tariff barriers, aligning standards and improving cross-border movement of goods.
The Coal Ministry has advised Uttar Pradesh to expedite development of its captive Saharpur Jamarpani coal block in Jharkhand to strengthen long-term fuel security for thermal power plants. The ministry said UPRVUNL plants had 8.41 lakh tonnes of coal stock as of September 15 and were not in the critical-stock category.
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