Saturday, July 12, 2025

US move to lift chip software curbs on China puts India on alert

Regarding companies rethinking their ‘China Plus One’ strategy with the lifting of software curbs, Dixit said that companies considering investing in India for EDA development or other functions might choose to thoughtfully evaluate their timing. However, Shankar Krishnamoorthy, chief product development officer, Synopsys, said the company does not foresee the software export restrictions that were previously placed on China being placed on India, especially given India’s ambition to build its semiconductor ecosystem and the existing US-India collaboration in the sector.

from Tech-Economic Times https://ift.tt/BfQg8qc

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...