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Digital Projection Intl secures contract in India for 500 projectors

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MUMBAI: Digital Projection International (DPI), which manufactures projection systems, has announced an agreement with the Mumbai based UFO Moviez. It is part of the Valuable Media Group
 
 

DPI has sold and will install 500, 3-Chip DLP projectors in India. Valuable Media claims to be Asia’s largest vertically integrated technology solutions company in the areas of media and gaming. UFO Moviez represents this group’s first project in the digital cinema market. The third partner in this project is The Apollo Group, which has a diversity of interests including both media and commodity exports.
 
 

UFO Moviez CEO and executive director Sanjay Gaikwad says, “We identified DPI after detailed research, trials and discussions. The unique selling point of DPI is their dedicated and unrivalled focus on DLP projection systems. Their projectors are highly evolved technically, rugged, designed for 24/7 and simply produce the best images that are ideally suited for the very discerning Indian market. It is our faith in Digital Cinema and the technology of our partners that enable us to take such an aggressive financial approach.”

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65 cinemas have already been converted in the first two months of the partnership. DPI International sales and marketing director Nick Cottiss says, “Over the last three years, we have been in discussion with many potential
partners in India. UFO Moviez simply stood out with a high degree of experience and technical capability. They had been working on this project for some time and the structure of their thoughts, plans and business models led us to have faith and belief that this would be a success. We are very pleased with our Indian distributor, Image Engineering to be chosen as the exclusive partner for this project.”

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Hardware

India clears Rs 1.6 lakh crore semiconductor projects under Semicon India

Ten projects cleared as production begins and design ecosystem gathers pace

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NEW DELHI: India’s push to become a global electronics powerhouse is gaining momentum, with the Semicon India Programme driving the creation of a full-fledged semiconductor ecosystem from design to manufacturing.

Launched in 2022, the programme aims to build capabilities across the entire value chain, including chip design, fabrication, assembly, testing and packaging. In just four years, the government has approved 10 semiconductor projects with a combined investment commitment of around Rs 1.6 lakh crore.

Two of these facilities have already begun commercial production, including units led by Micron Technology Inc. and Kaynes Technology India Limited. Two more plants are expected to go live later this year, signalling that India’s chip ambitions are moving from blueprint to factory floor.

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The broader electronics manufacturing story has also seen sharp growth over the past decade. Production has jumped from roughly Rs 1.9 lakh crore in 2014-15 to about Rs 12 lakh crore in 2024-25, while exports have surged nearly eightfold. Mobile phone manufacturing, once heavily import-dependent, now meets almost all domestic demand and has become a major export driver.

Alongside manufacturing, the government is investing heavily in design capabilities. Through access to advanced chip design tools provided free to 315 universities, students and researchers have clocked over 200 lakh hours of usage. This effort has already resulted in 211 chip tape-outs from 75 institutions.

Support for startups is also picking up pace. Twenty-four chip design projects have been approved, targeting sectors such as surveillance, energy, communications and IoT. Of these, 14 companies have collectively raised over Rs 650 crore in venture funding, while several designs have progressed to fabrication, including at advanced nodes.

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To strengthen supply chains, India has also signed semiconductor cooperation agreements with countries including the United States, Japan, the European Union, Singapore and the Netherlands. These partnerships aim to reduce global dependencies while boosting domestic capabilities.

The employment impact is equally significant. The electronics sector now supports an estimated 25 lakh jobs, with mobile manufacturing alone accounting for nearly half. As more semiconductor units come online under the India Semiconductor Mission, indirect job creation across supply chains is expected to rise further.

Sharing these updates in Parliament, Ministry of Electronics and Information Technology minister of state Jitin Prasada underscored the government’s focus on building a resilient, end-to-end semiconductor ecosystem.

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With factories taking shape, designs moving to silicon and investments flowing in, India’s semiconductor story is steadily shifting gears from ambition to execution.

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