Singapore-headquartered Chasen Holdings is reinforcing its strategic footprint in India through its subsidiary, Chasen Hi-Tech India, as the nation advances its semiconductor, solar, and electric vehicle (EV) battery sectors. The company is leveraging its expertise in precision relocation and technical engineering to support India’s burgeoning tech infrastructure.
India’s semiconductor ambitions are gaining momentum with the approval of several manufacturing facilities under the India Semiconductor Mission (ISM). Notably, Tata Electronics is establishing an approximately $11b semiconductor fabrication plant in Dholera, Gujarat, set to become the country’s first commercial chip fabrication facility.
In the renewable energy sector, Reliance Industries is developing a comprehensive ecosystem at its Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat. This facility will integrate solar module, battery storage, and other clean energy manufacturing capabilities.
The growing demand for EVs in India is also driving the need for large-scale battery manufacturing. Chasen has secured an $18m expansion project for a Japanese EV battery manufacturer in the US, showcasing its global expertise in this field.
Chasen’s Managing Director and CEO, Low Weng Fatt, stated, “India is no longer a frontier market for Chasen, it is a core growth pillar. The projects secured in FY2027 are just the beginning. We are investing in our India capabilities with a long-term view, and we are confident that the country will deliver sustained, meaningful contributions to Chasen’s earnings and shareholder value in the years ahead.”
Chasen’s expansion in India is set to enhance its regional network, which spans Singapore, Malaysia, Vietnam, China, India, and the United States, positioning the company as a key player in the region’s tech transformation.
