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Exset BV promotes PK Acharya; makes him the India director

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MUMBAI: Exset India has got a new director. Exset BV, the Netherlands based broadcast solutions company, today announced that it has promoted its regional director- South Asia, PK Acharya to director Exset, India. Based in New Delhi, Acharya in his new role will be responsible for Exset’s business activities in India and will be reporting to Exset BV CEO in Netherlands.

“The Indian market is very crucial for the Exset’s Global market share. Acharya with his vast experience in the Indian broadcasting market brings on board his understanding of India’s digital TV market. Along with his team he is expected to establish Exset’s business foot-print in India,” said Exset BV CEO Alex Borland.

A graduate in Economics and MBA in marketing, Acharya has over 25 years’ experience in the communication and Cable TV industry. His network includes long standing personal and professional relationships with policy makers, all India distribution channel and the last mile owners in the Cable TV and internet data space.

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In the past, Acharya has been associated with companies like NG Technologies (NIG), Midas Communication Technologies, Sky Merchants, Hotwire, Genus Power Infrastructure, DEN Networks and Tripleplay Telecom. 

“India holds great opportunity for me. Exset is a dynamically thinking company with unique solutions in Digital Monetisation System (DMS) very applicable to the Indian broadcast industry which will enable the operators to increase their ARPU. Exset has a great product in DMS and a great support team, which we will expand over the next few months. I look forward to contributing to the industry with whom I have worked over the past 25 years,” said Acharya.

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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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