1, Sep 2026
Bybit Teases Industry-First Perp Options, Unlocking 24/7 US Equity Options Trading
DUBAI, UAE, Sept. 1, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the upcoming launch of Perp Options on September 17, 2026, the industry’s first options contracts built on TradFi perpetuals. The product will give traders round-the-clock access to US equity options directly from their existing USDT-funded Bybit accounts, enabling them to build and manage positions strategically, unbound by traditional market hours.

Trading in Perp Options is set to go live on September 17, 2026, at 20:00 UTC, with SpaceX and Nvidia as the first available underlyings. Tesla, QQQ, SOXL, and Micron, and more, are next in line, with plans to expand asset lineup on a rolling basis.
“Traders today don’t think in terms of crypto versus traditional markets anymore, they want access to opportunities across markets and geographies. Bybit’s Perp Options gives them one account to trade across the artificial divide of asset classes: no waiting for the market to open, all strategies,” said Mike Xue, Head of Bybit Option Business.
Bybit Perp Options will be settled in USDT and will integrate fully with Bybit’s Unified Trading Account (UTA), allowing users to hold perpetuals, options, and spot positions within a single account. Traders will be able to execute a full range of strategies at launch, including buying/selling naked options, spreads, straddles, and combination trades.
The product will also support fractional lot sizes with a contract multiplier of one, forgoing the standard $25,000 minimum and 100-share lot requirements in traditional options markets.
Bybit’s Perp Options contracts will be European-style and cash-settled, minimizing early assignment risk. Portfolio Margin support will allow positions in Perp Options to be cross-offset against related perpetual and spot holdings, reducing overall margin requirements while traders manage risk across asset classes.
At launch, API trading, Demo Trade, and Trial Funds will be available to support both algorithmic traders and users new to options trading.
The upcoming launch will position Bybit as the first in the industry to offer options on stock perpetuals, extending its existing TradFi perpetual contract liquidity into a new derivatives category.
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Built for everyone. Powered by intelligence. Open to the world.
Learn more at Bybit.com
For more details about Bybit, please visit Bybit Press
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- By Sai Krishna
1, Sep 2026
izmo Microsystems Develops Indigenous 40 GHz RF Semiconductor Package for Defence and Secure Communication Applications
India’s leading semiconductor packaging company enters the defence electronics value chain as the nation’s indigenization mandate and record defence budgets reshape the industry.
BENGALURU, India, Sept. 1, 2026 /PRNewswire/ — IZMO Limited (NSE: IZMO) (BSE: 532341) today announced that its semiconductor subsidiary, izmo Microsystems Pvt. Ltd., has developed an innovative high frequency RF Quad Flat No-Lead (QFN) package for semiconductor devices operating at frequencies of up to 40 GHz.
The package has been designed, developed and manufactured entirely in India for a customer developing high frequency RF modules for defence and secure wireless communication applications. Following successful assembly and electrical validation, izmo Microsystems has commenced production shipments, with manufacturing processes established to support scale up.
The development strengthens izmo Microsystems’ capabilities in advanced RF and microwave semiconductor packaging and demonstrates its ability to develop application specific packaging solutions and manufacture them at scale.
At higher microwave frequencies, conventional molded and open cavity QFN packages can face significant performance limitations as package parasitics increasingly affect device performance. izmo Microsystems developed a proprietary package architecture with optimized trace geometry and die positioning that achieves wire bond lengths of approximately 0.3 mm, combined with a precision air cavity surrounding the die. The resulting architecture minimizes parasitic effects and enables reliable operation at frequencies of up to 40 GHz.
The capability has applications across radar, electronic warfare, secure communications, aerospace, satellite communications and advanced wireless systems, where high frequency semiconductor devices are increasingly important.
The opportunity is particularly relevant in India, where growing defence requirements, increased emphasis on indigenous procurement and the strategic importance of secure communications are creating demand for advanced domestic electronics and semiconductor capabilities. Developing critical RF packaging technologies within India also contributes to greater supply chain resilience for strategic applications.
The development comes at an important time for India’s semiconductor industry. The Government of India has approved Semicon 2.0 with an outlay of ₹1,27,500 crore to further develop the country’s semiconductor design and manufacturing ecosystem. Strengthening the ATMP/OSAT industry, with a focus on bringing advanced semiconductor packaging technologies to India, is one of the program’s six pillars. The program provides a strong policy backdrop for companies developing specialized semiconductor packaging and manufacturing capabilities in India.
Dinanath Soni, Director, izmo Microsystems Pvt. Ltd., said:
“High frequency RF devices place very demanding requirements on semiconductor packaging, and at 40 GHz the package has to be engineered as an integral part of the RF system.
We developed this package around the specific electrical and application requirements of the device and have taken it through design, fabrication, assembly and validation into production. Production shipments have now commenced, and we have the manufacturing capability to scale as requirements grow.
We see significant opportunities for advanced RF packaging in defence, secure communications, aerospace and other high frequency applications as India builds deeper domestic capabilities in strategic electronics and semiconductor manufacturing. The increased focus on advanced packaging under Semicon 2.0 should provide further impetus to the development of this ecosystem in India.”
izmo Microsystems supports customers from package and process development through prototyping, qualification and manufacturing, with a focus on advanced, high reliability semiconductor applications.
About izmo Microsystems
izmo Microsystems Pvt. Ltd., a subsidiary of IZMO Limited (NSE: IZMO) (BSE: 532341), is an advanced semiconductor packaging and electronics manufacturing company based in Bengaluru, India. The company focuses on System-in-Package, advanced IC packaging and high reliability electronics for applications across defence and aerospace, telecommunications, industrial electronics, automotive, medical electronics, optical communications and other advanced technology markets.
For more information, visit www.izmomicro.com / www.izmoltd.com or contact:
|
Investor Contact izmo Limited No. 177/2C, Bilekahalli Industrial Area, Bannerghatta Road, Bangalore 560076 CIN: L72200KA1995PLC018734 Email ID: investors@izmoltd.com |
Caution Concerning Forward- Looking Statements: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
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1, Sep 2026
Chennai Gears Up for the Fourth Edition of HCL Cyclothon
Chennai, Sep 01: HCL Group, a US Dollar 14.8 billion global conglomerate, announced the launch of the 2026 edition of HCL Cyclothon Chennai, scheduled for October 11, 2026. The event is being organised in association with Tamil Nadu Government, being powered by Sports Development Authority of Tamil Nadu and under the aegis of Cycling Federation of India. HCL Cyclothon Chennai will bring together professional and amateur cyclists for a competitive and community-driven celebration of cycling in Chennai. Registrations for the event are open now and will close on September 27, 2026.
The Chennai edition will feature a Professional Elite Road Race, Amateur Road Race, Amateur MTB Race and Green Ride, catering to cyclists across different levels of experience and interests. The Professional Elite Road Race will cover 54 km, while the Amateur Road Race will be held across 54 km and 28 km categories. The Amateur MTB Race will cover 28 km, while the non-competitive Green Ride will cover 10 km. The event will offer a total prize purse of ₹33.6 lakh, including ₹15 lakh for the Professional Elite Road Race, ₹12.6 lakh for the Amateur Road Race and ₹6 lakh for the Amateur MTB Race.
The Professional Elite Road Race is open to cyclists aged 18–40 years and will be conducted as a mass-start race. Participation in the professional category will be through the Cycling Federation of India. The Amateur Road Race will have age categories of 18–30, 30–40, 40–50 and 50+ years, with separate prizes for men and women. The Amateur MTB Race will also feature the same age groups.
Commenting on the announcement, Nikhil Soni, AGM- Marketing, HCL Group, said,
“HCL Cyclothon continues to provide a platform for cyclists across diverse levels to participate, compete and experience the sport. With the yet another Chennai edition, we look forward to bringing the cycling community together once again and encouraging more people to take up cycling as part of an active lifestyle. Through initiatives such as HCL Cyclothon, we remain committed to creating opportunities for people to engage with sport and build healthier communities.”
The event will also include the Green Ride, a 10 km non-competitive ride that is open to participants using any type of bicycle. The initiative is designed to encourage wider participation in cycling beyond competitive racing.
The HCL Cyclothon Chennai 2026 will also follow defined technical guidelines for participating bicycles. Road, hybrid, gravel and MTB bicycles are permitted across the relevant categories, subject to category-specific specifications. Participants using bicycles outside the permitted specifications may participate but will not be eligible for prize money.
1, Sep 2026
Matrix Geo Completes 314 km Geospatial Survey Across Five Highway Sections for RITES and NHAI
New Delhi, Sep 1: Matrix Geo Solutions Limited, a geospatial technology and engineering consultancy, has completed a highway survey assignment spanning approximately 314 km across five road sections under LOT-2/HARYANA/Package-1. The project was awarded by RITES Limited, a Navratna Enterprise of the Government of India under the Ministry of Railways, on behalf of the National Highways Authority of India .

The assignment was part of consultancy services for preparing a Detailed Project Report for the development of economic corridors, inter-corridor and feeder routes aimed at improving freight movement efficiency in India. Matrix Geo Solutions was responsible for mapping the physical, utility and land-related characteristics required across the identified highway sections.
The work combined several survey technologies within one assignment. Topographic data was captured using Aerial/Mobile LiDAR and UAV systems, while Ground Penetrating Radar was used for utility mapping. The scope also covered Final Location Survey, land acquisition support and digitization of cadastral maps.
The five road sections covered were Rewari–Narnaul–Pacheri Kalan on NH-11, Narnaul–Nangal Chaudhary–Paniyala Mor on NH-148B, Gurgaon–Pataudi–Rewari on NH-352W, Sangat Kalan–Mandi Dabwali–Sangaria on NH-54, and Bhiwani–Bawani Khera–Hansi–Barwala on NH-148B.
The assignment was executed with a contract value of ₹2,82,64,571 including GST. RITES Limited has now issued an Experience/Completion Certificate dated 21 August 2026, confirming the successful and satisfactory completion of the work.
Commenting on the completion, Mr. Rahul Jain, Managing Director, Matrix Geo Solutions Limited, said,
“Projects of this scale and duration require consistency, coordination and attention to detail throughout their execution. I would like to thank everyone involved for their contribution in bringing this assignment to completion. The work required sustained coordination across field surveys, data processing and project requirements over an extended period. Ensuring that each stage was executed with the required accuracy and discipline was central to completing the assignment successfully.”
For a project of this nature, the challenge extends beyond collecting survey data. Different datasets need to remain spatially consistent so that terrain information, underground utilities, road alignments and cadastral records can be used within the same project framework. This was particularly relevant given the length and varied nature of the five road sections covered under the assignment.
The completed assignment adds to Matrix Geo Solutions’ experience in large-scale highway surveying and geospatial mapping. It also represents an integrated use of aerial, mobile and ground-based technologies for infrastructure project preparation, where accurate spatial information is required across multiple stages of planning and development.
1, Sep 2026
Holiday Inn Singapore Atrium Launches Little Explorers Hotel Privileges for Year-End Family Getaways
Download high-res photos here.
SINGAPORE, Sept. 1, 2026 /PRNewswire/ — Holiday Inn Singapore Atrium introduces its Little Explorers Hotel Privileges, a special year-end family offering designed to make family stays more enjoyable for both young guests and their parents. Families staying in city view rooms can enjoy a selection of complimentary kids’ amenities and experiences thoughtfully curated for little travellers.
Little Explorers Hotel Privileges
- Booking Period: 1 – 14 September 2026
- Stay Period: 18 December 2026 – 2 January 2027
- Eligible Room Type: City view rooms only
- Valid for: Bookings with children staying between 18 Dec 2026 to 2 Jan 2027
- Children’s Amenities Included: Kids’ bathroom amenities, bedroom slippers, step stool, Holiday Inn kids’ kit and a Tiong Bahru neighbourhood activity book with a scavenger hunt that rewards with free ice cream from the hotel’s buffet restaurant.
Tip: Be sure to include the child as an occupant when making reservation, as kids’ amenities will only be prepared for bookings that reflect a child on the reservation.
Just a 3-minute sheltered walk from Havelock MRT Station and within easy reach of Singapore’s key attractions, Holiday Inn Singapore Atrium is an ideal base for families looking to experience the city’s festive atmosphere, shopping, dining and year-end celebrations.
For families who prefer to spend time at the hotel, a range of facilities are available on-site, including outdoor swimming pools, a 24-hour gym, self-service laundromat, massage chairs and a pickleball court (fees apply). A wide selection of dining option is also available, including the halal-certified buffet at Atrium Restaurant and authentic Cantonese cuisine at Xin Cuisine Chinese Restaurant. Guests staying over New Year’s Eve can also ring in 2027 at the hotel lobby, complete with countdown celebrations, balloon drop, live band performances and special offers at the hotel’s bar.
For reservations and more information, visit singaporeatrium.holidayinn.com/offers/little-explorers or write in to res.sinhi@ihg.com.
About Holiday Inn® Singapore Atrium:
Holiday Inn® Singapore Atrium is a contemporary hotel in Tiong Bahru, offering 512 spacious guestrooms and convenient access to Singapore’s key attractions. The hotel also features versatile event spaces and is recognised for its commitment to sustainability and safety, holding the BCA Green Mark Award (GoldPLUS) and bizSAFE Level 4 certification.
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1, Sep 2026
Hexaware Becomes Official Partner of Dublin Guardians Playing in the Inaugural European T20 Premier League Season
Sponsorship extends Hexaware’s association with franchise cricket to Europe
MUMBAI, India, Sept. 1, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, today announced its sponsorship of Dublin Guardians as an Official Partner for the team in the inaugural season of the European T20 Premier League (ETPL).
The sponsorship comes as franchise cricket establishes a new foothold in Europe, where Hexaware has operations and continues to build local teams and capabilities across the region. The first ICC-sanctioned ETPL in mainland Europe opened on August 26 with six city-based teams from Ireland, Scotland, and the Netherlands. The league also gives European players more opportunities to compete at a professional level alongside established international cricketers.
Dublin Guardians represents the Irish capital in the competition. Rahul Dravid, former India captain and coach of the 2024 T20 World Cup-winning side, is among the franchise owners. The team is captained and mentored by Ravichandran Ashwin, India’s second-highest wicket-taker in Test cricket.
“The opportunity to support local talent is an important part of what appealed to us,” said Parameshwaran Iyer, Executive Vice President, Head – UK and Europe, Hexaware. “The ETPL can give more players across Europe the chance to compete at a higher level and help strengthen the game from the grassroots up. We’re pleased to support Dublin Guardians as part of that effort.”
“I’m delighted to welcome Hexaware as a partner of the Dublin Guardians for our inaugural season. It’s exciting to have organisations like Hexaware that share our belief in teamwork, ambition, and excellence alongside us as we begin this journey,” said Rahul Dravid, Chairman, Dublin Guardians.
“Hexaware is a strong addition to the Dublin Guardians journey. Its focus on building local capability in the markets where it operates connects well with what we’re trying to do here,” said Ajit Ravindran, CEO, Dublin Guardians. “For us, that means creating more opportunities for local players to develop and compete at a higher level.”
The sponsorship follows Hexaware’s association with the San Francisco Unicorns in Major League Cricket in the United States, which marked the company’s first association with franchise cricket.
The ETPL is being organized with Cricket Ireland, Cricket Scotland, and the Royal Dutch Cricket Association. The first season runs until September 20, 2026. The tournament began in the Netherlands and moves to Malahide in Dublin on September 9.
For more information, click here: https://www.etplofficial.com/teams/dg
About Hexaware
Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.
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1, Sep 2026
THE SOFTEST EXPRESSION OF HUBLOT’S MATERIAL MASTERY
GENEVA, Sept. 1, 2026 /PRNewswire/ — Some watches are made to be seen. Others are made to be experienced. With the new Big Bang Original Soft Touch, Hublot introduces an entirely new sensory feel. For the first time, the Manufacture transforms its iconic Big Bang Original through an exclusive textured rubber compound applied across the case, bezel, dial and strap, creating a unique tactile finish. The Big Bang Original is the purest expression of Hublot’s icon, faithful to the unmistakable design of 2005, re-engineered with twenty years of innovation. Today, it becomes the stage for a new material breakthrough. The result is a surface with a remarkably soft touch. Not a coating and not a surface treatment, it is a new way of building a watch.
HUBLOT ADDS A NEW SENSATION TO THE ICONIC BIG BANG ORIGINAL
For the first time, Hublot creates a watch designed not only to be seen, but to be felt. Available in All Black and All Red, the two new models reinterpret two of Hublot’s most iconic color signatures through an entirely new tactile language. The exclusive rubber compound is developed through a dedicated overmoulding process, using specially engineered tooling that integrates the texture directly into the material during production. Unlike coating or surface treatment, the texture becomes an intrinsic part of the construction itself. Its unique microscopic surface structure is composed of thousands of fine micro-elements, creating an exceptional softness to the touch while preserving the durability and resistance expected from Hublot’s signature rubber.
The Big Bang Original Soft Touch All Black continues the legacy of one of Hublot’s most powerful design statements. Introduced in 2006, this monochromatic concept transformed black into a radical expression where absence of color became a new way to reveal form, architecture and identity. More than a color, All Black became a signature of Hublot’s Art of Fusion: the encounter between aesthetics, materials and innovation. Twenty years later, Hublot reinterprets this concept through a new sensory experience. The color remains untouched, but the perception changes. For the first time, All Black is not only seen, but also felt. The deep black titanium case, black DLC-coated pushers and soft touch rubber construction create a monochromatic composition.
The Big Bang Original Soft Touch All Red pays tribute to another major breakthrough in Hublot’s mastery of materials: the creation of the world’s first vividly colored high-tech ceramic. Introduced in 2018, Hublot’s Red Ceramic redefined what ceramic could become in watchmaking, proving that extreme technical performance and vivid color could coexist. Today, this iconic red enters a new dimension through a completely new tactile expression. Inspired by the intensity and richness of Hublot’s red universe, the All Red transforms color into sensation, combining visual impact with an unprecedented softness with titanium molded by the soft touch of this unique rubber.
A NEW EXPRESSION OF THE BIG BANG ORIGINAL
The Big Bang Original Soft Touch is powered by Hublot’s fully in-house chronograph caliber Unico, an engineering statement of 100% manufacture expertise built around five patented innovations. The Unico movement integrates a column wheel, a dual-clutch architecture, a layered construction, an optimized gear train and a skeletonized tungsten rotor open-worked in the shape of an H. It delivers a 72-hour power reserve. Housed in a 43 mm case, the Big Bang Original Soft Touch combines the unmistakable architecture of the original Big Bang with contemporary refinements. The titanium case is partially enveloped in the exclusive textured rubber compound, while the dial adopts the same material signature and features a carbon-pattern, raised counters and tone-on-tone rehauts. Together, these elements create a layered three-dimensional effect that brings depth, contrast and a unique visual identity to the watch. The watch features refined finishes with beveled edges, curved and smoother lugs, a rubber-clad crown and rectangular pushers with Hublot’s signature rubber inserts. The strap integrates Hublot’s One Click system, allowing seamless interchangeability while maintaining perfect integration with the case.
MATERIAL INNOVATION, FELT DIFFERENTLY
From colored ceramics to sapphire, Magic Gold and countless other material breakthroughs, Hublot has continuously expanded the possibilities of watchmaking through its Art of Fusion. With the Big Bang Original Soft Touch, Hublot introduces another first: a material innovation defined not only by its appearance, but by its sensation. Conceived, developed and assembled at the Hublot Manufacture in Nyon, the Big Bang Original Soft Touch reflects the expertise, creativity and engineering excellence behind every Hublot timepiece. This confidence is reflected in Hublot’s 5+5 warranty program, one of the most extensive in the industry, leading coverage to up to ten years. It stands as a tangible expression of the brand’s trust in its products and in the teams who design, develop and assemble them.
The experience continues beyond the watch itself, with a presentation case featuring a matching textured Hublot logo, echoing the distinctive tactile identity of the soft touch rubber of the watch.
The new Big Bang Original Soft Touch collection is available at selected Hublot points of sale and online at hublot.com.
HUBLOT
In 1980 and for the first time, a watch dared to put a gold case on a rubber strap, turning the luxury watch world upside down in the process. Named for the porthole-shaped bezel with its exposed screws, Hublot was born and with it, the Art of Fusion.
In 2005 the brand took this exercise in creative thinking to a new level with the Big Bang and its iconic design, size and layered construction case. That same year, Hublot received the Best Design award at the Grand Prix d’Horlogerie de Genève. Since then, spurred by this revolutionary mindset, the Big Bang has never stopped reinventing itself. The twenty-first century has its first watch Icon.
The concept of fusion is omnipresent, the guiding principle for every collection. Big Bang timepieces reshape the geometries of time; Classic Fusion balances boldness and restraint, while the Exceptional Timepieces overwrite expectations to create unprecedented horological objects. With its disruptive approach of challenging convention, Hublot’s DNA is transcribed in the Unico, Meca-10 and tourbillon in-house calibers, to add another tier of meaning to the Art of Fusion.
Since 2026, Hublot’s commitment to technical excellence has been backed by an evolved warranty structure for eligible timepieces purchased from January 1, 2026 onwards, featuring a 5-year basic warranty and the possibility of an additional 5-year extension for eligible timepieces through the Hublotista program, provided the basic warranty is still active at the time of registration. This would extend the coverage up to ten years.
Alchemy is ingrained into Hublot and not just at La Manufacture. Magic can take place on a football pitch, producing partnerships with major events (UEFA Champions League and UEFA EUROTM). Sometimes it happens at a concert, a basketball match, an artistic performance or at a unique gastronomic experience with Hublot’s family of starred Chefs. And so, the Hublot Vibes come to life, through shared moments of exaltation amongst the Hublotistas, its very own community of proud Hublot owners. The Art of Fusion goes beyond the tangible. It is a way of being, the Hublot way of life.
THE UNIQUENESS OF THE HUBLOT UNICO IN-HOUSE CALIBER
Born in 2010, the Unico was the first caliber entirely designed, developed and manufactured in-house by Hublot, marking a new era of independence, innovation and identity for the brand. Over the years, it has evolved into a bold and unmistakable signature of Hublot watchmaking, known for its robust and revolutionary chronograph design.
With standout features like a front-facing column wheel, silicon escapement, the Unico caliber is a mechanical force that’s as visually striking as it is technically advanced. It’s not just what powers the watch, it’s what defines it.
Key features include an integrated flyback chronograph precise to 1/8th of a second for instant reset and restart, an accuracy of -2/+4 seconds per day, a 72-hour power reserve. The caliber also holds five patented innovations, covering: a backlash-compensating oscillating clutch, an anti-shaking chronograph hand system, a “zero friction” ratchet wheel blocker, a watch rate fine-adjustment system and highly shock-resistant time-setting. all rigorously tested through Hublot’s Chronofiable® protocol to ensure optimal performance, reliability, and precision.
FROM THE BIG BANG TO THE BIG BANG ORIGINAL SOFT TOUCH
2005: The Big Bang is born, redefining contemporary watch design through the Art of Fusion.
2006: All Black becomes a manifesto, transforming monochrome into an icon.
2018: Hublot introduces the world’s first vividly colored high-tech ceramic with Red Ceramic.
2026: The Big Bang Original returns to the unmistakable design of 2005, re-engineered with twenty years of innovation.
2026: The Big Bang Original Soft Touch gives the icon an entirely new tactile dimension.
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1, Sep 2026
ISM 2.0: How India’s Semiconductor Ambition Could Transform Its Manufacturing Economy
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The race to build a strong semiconductor industry is no longer just about technology. For India, it is increasingly about jobs, investment, manufacturing strength and economic security.
With the launch of the second phase of the India Semiconductor Mission, or ISM 2.0, the government is seeking to build an ecosystem that goes far beyond chip factories. The programme, with an outlay of around Rs 1.27 lakh crore, covers everything from chip design and fabrication to packaging, equipment, materials, research and skilled manpower.
The timing is significant. Semiconductors have become the backbone of the modern economy. Almost every major technology product — from smartphones and cars to computers, telecom equipment and artificial intelligence systems — depends on chips.
For India, developing the ability to make more of these critical components at home could reduce supply-chain risks while creating a new engine of industrial growth.
From Designing Chips to Making Them
India already has a strong reputation for semiconductor design and engineering talent. Many global technology companies rely on Indian engineers for chip design and related research.
The bigger challenge has been developing manufacturing capabilities on a comparable scale.
ISM 2.0 attempts to close that gap. Instead of concentrating only on semiconductor fabrication plants, the programme looks at the entire chain required to make the industry work.
That includes the factories where chips are produced, the facilities that package and test them, and the companies that supply specialised equipment, chemicals, gases, wafers and other materials.
This matters because a semiconductor factory cannot operate in isolation. It needs a network of suppliers, engineers, researchers, logistics providers and technology companies around it.
Building that network could create a much wider economic impact than the construction of individual chip plants.
A New Investment Opportunity
The scale of the proposed investment shows why semiconductors are becoming an important part of India’s industrial strategy.
The government expects ISM 2.0 to attract around Rs 4 lakh crore in cumulative investment and support semiconductor production worth about Rs 2 lakh crore. It also aims to generate nearly Rs 1 lakh crore in exports during the scheme period.
If these targets are achieved, the impact could spread across several parts of the economy.
Construction companies could benefit from new industrial projects, while manufacturers of equipment and specialised materials could find new domestic customers. Logistics, engineering, power, water management and industrial services could also see increased demand.
For Indian businesses, this creates an opportunity to become part of a supply chain that has traditionally been dominated by a small number of global manufacturing centres.
Why Jobs Matter
Semiconductors are often associated with highly automated factories, but the industry still requires a large pool of specialised professionals.
India will need engineers, technicians, researchers and managers with expertise in chip design, manufacturing, testing, packaging, equipment and materials.
The government expects the programme to create around 50,000 to 60,000 direct jobs, with additional employment likely to come from supporting industries.
The bigger opportunity could be the creation of a specialised talent base that remains in demand across the technology sector for years.
For young engineers and technology professionals, the growth of the semiconductor ecosystem could open career opportunities in areas that have traditionally been concentrated in countries such as Taiwan, South Korea, Japan and the United States.
The Ripple Effect Across Industries
The importance of semiconductors becomes clearer when looking beyond the technology sector.
Modern automobiles use chips for everything from safety systems and navigation to electric powertrains and driver-assistance technologies. Consumer electronics depend on increasingly sophisticated processors and memory components. Telecom networks require advanced semiconductor equipment, while artificial intelligence is driving demand for high-performance computing chips.
A stronger domestic semiconductor ecosystem could therefore support growth across several industries simultaneously.
It could also strengthen India’s electronics manufacturing ambitions by making the domestic supply chain more resilient.
Opportunity for Indian Start-ups
One of the most promising aspects of ISM 2.0 is its focus on semiconductor start-ups and chip designers.
Developing a new chip can be expensive and time-consuming, making it difficult for young companies to compete with established global players.
Government support and co-investment mechanisms could give Indian start-ups the financial space to develop their own chip technologies and intellectual property.
If even a small number of these companies successfully scale up, India could begin producing home-grown semiconductor technologies for applications ranging from automobiles and telecom to defence and artificial intelligence.
Building Greater Economic Security
The global semiconductor shortage in recent years demonstrated how a disruption in one part of the world can quickly affect factories and consumers thousands of kilometres away.
For India, building domestic capabilities is therefore not simply about replacing imports. It is about reducing exposure to supply shocks and ensuring that critical industries have access to essential components.
A stronger domestic ecosystem could give Indian manufacturers greater certainty while also making the country more attractive to international companies looking to diversify their supply chains.
The Challenge Ahead
The opportunity is significant, but building a semiconductor industry is not easy.
India will need reliable infrastructure, uninterrupted power and water supplies, specialised talent, strong research capabilities and efficient logistics. The country will also have to compete with established semiconductor hubs that already have decades of manufacturing experience and deeply developed supplier networks.
The success of ISM 2.0 will ultimately depend on how effectively approved projects are executed and whether India can create an environment in which semiconductor companies can operate competitively over the long term.
More Than a Chip Industry
India’s semiconductor ambition is ultimately about much more than manufacturing chips.
It is about creating a new industrial ecosystem that connects technology, manufacturing, research and skilled employment. It is about encouraging Indian companies to move higher up the technology value chain and giving global manufacturers another reason to invest in India.
If ISM 2.0 delivers on its objectives, the semiconductor industry could become an important contributor to India’s next phase of economic growth.
The opportunity is clear: build the chips, develop the talent, strengthen the supply chain and create businesses around them. The bigger goal is to turn India from a major consumer and designer of technology into a country that can increasingly design, manufacture and export the technologies that power the global economy.
1, Sep 2026
Khushi Kapoor and Cava Athleisure Come Together to Create Soft Serve – Her Dream Athleisure Collection
Sep 1: What happens when an actor known for her effortless personal style gets to create the athleisure wardrobe she actually wants to wear? Soft Serve, a co-created collection by Khushi Kapoor and Cava, brings together Khushi’s personal approach to fashion with Cava’s expertise in performance-led athleisure.

The collaboration began with a simple brief: create pieces that feel as good in motion as they do styled outside of a workout. For Khushi, that meant going beyond simply putting her name on a collection. She was closely involved through the design process, from shaping the mood and aesthetic of the collection to refining silhouettes, colours, fits and details that felt true to her own wardrobe.
Her starting point was her own approach to getting dressed. Khushi wanted pieces that could move seamlessly between different parts of her day, with a strong emphasis on comfort, flattering silhouettes and the kind of understated detailing that makes a piece feel elevated without trying too hard.
The process involved multiple rounds of conversations, sampling and fittings, with Khushi weighing in on the details that mattered to her. The result is a collection that reflects the pieces she genuinely gravitates towards, while bringing in Cava’s understanding of movement, functionality and performance.
At the heart of Soft Serve is an idea that became central to the collection: Soft does not mean Weak.
The collection explores the coexistence of qualities that are often treated as opposites: softness and strength, femininity and drive, comfort and performance. Inspired by the idea of Yin and Yang, Soft Serve is built around the belief that there is no need to choose between them.
For Khushi, that duality also reflects how she approaches her own style and life.
“I’ve always wanted my wardrobe to feel effortless, but that doesn’t mean compromising on how a piece fits, feels or functions. With Soft Serve, I got to take all the things I naturally gravitate towards and build them into a collection that feels genuinely personal to me,” says Khushi Kapoor. “I was involved throughout the process, from the silhouettes and colours to the finer details, because I wanted every piece to feel like something I would actually wear. The idea of bringing softness and strength together really resonated with me, and I think you can feel that balance throughout the collection.”
The collection also reflects the shared sensibility between Khushi and Cava. While Khushi brings a distinct, fashion-led perspective, Cava brings its expertise in designing athleisure that is made to move. Its Adaptive Athleisure philosophy focuses on creating versatile pieces that can transition across workouts, everyday plans and everything in between.
For Cava’s Co-founder Ria Mittal, that overlap made the collaboration feel instinctive.
“Khushi came into the process with a very clear understanding of what she wanted the collection to feel like, and that made the collaboration incredibly exciting. She was not looking to simply create something that looked good; she cared about how the pieces fit, moved and felt,” says Ria Mittal, Co-Founder, Cava. “Soft Serve really captures that balance we both believe in. You can be soft and still be incredibly driven. You can care about aesthetics and be equally obsessed with functionality. For us, that is what makes the collection feel authentic.”
For Shreya Mittal, Co-Founder, Cava, the collaboration also reflects a side of Cava that has always existed beneath its aesthetic identity.
“Cava has always been about bringing together things that are not traditionally seen as belonging together. We have a very pinterest-y, aesthetic world, but underneath that is an intense focus on product, performance and functionality,” says Shreya Mittal, Co-Founder, Cava. “Khushi understood that balance instinctively. What made this collaboration special was that we were able to take her personal style and translate it into pieces that still have the performance and versatility Cava is known for. Soft Serve feels like a very natural meeting point between the two.”
The result is a collection designed around feminine silhouettes, considered details and movement-led functionality, bringing together the aesthetic world Khushi naturally gravitates towards with Cava’s approach to performance and versatility.
More than a celebrity collaboration, Soft Serve is a collection built through a shared creative process. Khushi’s personal style becomes the starting point, while Cava’s design and product expertise bring the pieces to life.
1, Sep 2026
Gemtek and Dixon Advance Strategic Collaboration to Expand Optical Connectivity Business in India
Combining photonic integration expertise with localized manufacturing to address growing demand for high-speed optical connectivity across Broadband, Telecom and AI Infrastructure
TAIPEI, Sept. 1, 2026 /PRNewswire/ — Gemtek Technology Co., Ltd. (“Gemtek”) and Dixon Technologies (India) Limited (“Dixon”) are advancing their strategic collaboration through their joint venture in India, expanding manufacturing and market opportunities for Optical Transceivers, BOSA (Bidirectional Optical Sub-Assembly) and other high-speed optical connectivity solutions.
The collaboration combines Gemtek’s expertise in optical communications, photonic integration and product development with Dixon’s manufacturing scale, supply-chain capabilities and market presence in India, creating a scalable platform to serve Broadband, Telecom, Cloud, Data Center and AI Infrastructure markets in India and globally.
Expanding Next-Generation Optical Connectivity
Gemtek is expanding its optical connectivity portfolio with solutions spanning 1G to 1.6T, including Optical Transceivers, SFPs, BOSA and high-speed optical connectivity solutions.
Leveraging EIC-PIC photonic integration and advanced manufacturing capabilities, Gemtek is advancing its roadmap toward 800G, 1.6T and next-generation photonic integration technologies to address growing demand for high-bandwidth and high-performance connectivity driven by AI, cloud and data center infrastructure.
Strengthening Local Manufacturing and Supply-Chain Resilience in India
The collaboration supports India’s growing focus on local manufacturing of Optical Transceivers, BOSA and other high-speed optical solutions. By combining Gemtek’s technology and product development expertise with Dixon’s local manufacturing and supply-chain capabilities, the partnership enables scalable production in India while complementing Gemtek’s global manufacturing footprint, strengthening geographic diversification and overall supply-chain resilience.
Gemtek to Showcase Optical Connectivity at IMC 2026
Gemtek will participate in India Mobile Congress (IMC) 2026, taking place October 7–10, 2026, at Yashobhoomi, New Delhi, India, Hall 2, Booth B1.
Gemtek will showcase its 1G-to-1.6T Optical Connectivity portfolio and solutions for Broadband, Telecom and AI Data Center applications, including Optical Transceivers, BOSA and next-generation high-speed optical connectivity technologies.
About Gemtek
Gemtek Technology is a global provider of networking and communications solutions across Broadband, Wi-Fi, Fiber, 5G, Optical Connectivity and AI-enabled Networking. Combining photonic integration, product innovation and advanced manufacturing capabilities, Gemtek continues to expand its high-speed optical connectivity technologies and solutions.
About Dixon
Dixon Technologies (India) Limited is a leading Indian design-focused and manufacturing company serving consumer electronics, telecommunications, IT hardware and other technology sectors, with extensive capabilities in product design, engineering, large-scale manufacturing and supply-chain management.
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