A report cited by ET Telecom suggests semiconductor demand in India could rise sharply by end-2026, driven by AI adoption and interest in custom silicon and memory-intensive chips. Downstream organisations surveyed expect higher demand for AI accelerators and ASICs, highlighting the scale of compute needs across industries.
DRDO has unveiled a model of a high-power microwave (HPM) directed-energy weapon under development for counter-drone roles, with the project led by Bengaluru-based MTRDC. The system is intended to disrupt or disable unmanned aerial systems, especially in swarm scenarios, and is undergoing trials and testing.
Bengaluru-based voice AI startup Bolna raised $6.3 million in a seed round led by General Catalyst, with participation from Y Combinator and other investors, as per reports. The company is building a self-serve platform for multilingual voice agents and plans to use the money to expand engineering and deployment while strengthening enterprise-grade infrastructure.
Two separate fundraising moves underline where India’s tech momentum is building: AI-first developer tooling and semiconductor innovation. Emergent, an AI software creation platform, has raised $70 million in a Series B to expand product development and engineering, including in Bengaluru. Meanwhile, Raana Semiconductors has raised $3 million in seed capital as it targets indigenous semiconductor capability. Together, the deals reflect a broader shift from pure consumer internet narratives to infrastructure-grade technology—software productivity layers and strategic hardware that supports long-term digital and industrial resilience.
ISRO chairman V. Narayanan said the Gaganyaan programme remains on track despite a deviation reported during the recent PSLV mission, stressing that human spaceflight preparations are proceeding. He also spoke about long-term plans, including work on an Indian space station beginning later this decade and an extended roadmap of launches.
India’s technology hiring started 2026 on a softer note, with active tech job openings falling about 24% year-on-year to roughly 1.03 lakh roles, according to Xpheno. The report points to prolonged demand weakness since late 2022, even as some pockets like GCCs show relative resilience.
Union minister Ashwini Vaishnaw said engagements at the World Economic Forum reflected strong global confidence in India’s plans for semiconductors and AI, with discussions spanning manufacturing expansion, logistics upgrades and industrial partnerships.
MeitY Secretary S Krishnan said India could emerge as a global capital for AI applications, pointing to the country’s growing role in critical technology supply chains, expanding compute availability, and a large semiconductor design workforce that policymakers want to translate into Indian IP and products.
ISRO has outlined a packed 2026 launch schedule featuring missions tied to Earth observation and strategic imaging, steps toward the Gaganyaan human spaceflight programme, and a landmark shift where a PSLV is to be manufactured fully by an Indian industry consortium.
A KPMG note around World Economic Forum 2026 highlighted India’s semiconductor and AI momentum, pointing to approvals for multiple fabrication plants, government allocations for deep-tech R&D, and ecosystem building across design, testing, packaging and talent. The messaging frames semiconductors as strategic infrastructure and AI as a growth lever across industries.
Tata Communications reported a sharp jump in quarterly profit, driven by data services growth and improved margins. The company also outlined plans to roll out AI-first digital infrastructure platforms, signalling a stronger push into AI-enabled customer and network offerings.
After missing the early AI infrastructure wave dominated by global giants, Indian startups and venture investors are increasingly focusing on AI applications and enterprise services in 2026, leveraging the country’s engineering talent and services expertise.