India and Thailand vying for dominance in Asia's chipmaking industry

18 Aug 2023 CW Team

India and Thailand are actively competing for a prominent position on Asia's semiconductor manufacturing map. With the ongoing chip war between China and the US, India is positioning itself as a viable alternative, aiming to be a major player in the semiconductor supply chain. In contrast, Thailand has identified semiconductors as one of its most essential commodities.

In July, India's Prime Minister Narendra Modi emphasised India's potential in the global chip industry during the SemiconIndia 2023 event. He highlighted India's democratic values and the country's ongoing reforms as attractive factors for global investors. The Indian government, in 2021, approved the Modified Programme for Development of Semiconductors and Display Manufacturing with a budget of Rs 760 billion. This initiative seeks to incentivise companies involved in various semiconductor-related activities.

Furthermore, the government greenlit Micron Technology Inc.'s proposal to establish a semiconductor unit with an investment of Rs. 22,516 crore ($3.02 billion). This facility will produce DRAMs, Flash memories, and Solid-State Devices. On the other hand, Thailand is offering extended corporate tax breaks to attract chip companies and is focusing on advanced semiconductor processes.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..