US chipmaker Texas Instruments has widened its local currency payment facility for Indian manufacturers. Companies can now place large orders through the firm's backlog system and settle bills in rupees.
The update was shared on Thursday at electronica India 2026, taking place at the Bengaluru International Exhibition Centre. The company also put up over 20 live demonstrations at the event.
What Changes for Buyers
With the revised arrangement, Indian original equipment makers and component suppliers can order chips in volume without handling foreign exchange. The company says the aim is to give buyers predictable costs and revised delivery terms.
The facility targets firms building electronics for three sectors: automotive, renewable energy and industrial equipment. Rupee billing cuts out one layer of currency risk for these customers.
Vehicle Technology on Display
In the automotive section, the exhibits highlight software-defined vehicles and safety systems for commercial vehicles. A key display is a 3D wireframe of a car showing a central computing setup that can receive firmware updates over the air.
Other demos include zone control modules, a real-time wheel-speed tracking system, a 48V wiper assembly and a 48V audio amplifier built on Gallium Nitride technology.
Four Decades in India
Santhosh Kumar, Managing Director and President of TI India, said the company has been part of the country's semiconductor landscape for 40 years. He added that its commitment to India has never been stronger, and that the expo allows the firm to connect with engineers building smarter, safer and more energy-efficient products.
What to Watch
The coming months will show whether the bulk rupee channel truly makes procurement simpler for Indian firms. If it works well, it could support more domestic design activity in vehicle electronics.