India gets 3 new semiconductor fab units, to start construction within next 100 days
1 year ago

India gets 3 new semiconductor fab units, to start construction within next 100 days

India TV News  

India gets 3 new semiconductor fab units, to start construction within next 100 days Union IT Minister Ashwini Vaishnaw said this fab will be constructed with an investment of Rs 91,000 crore. These units will start construction within the next 100 days and generate direct employment of 20,000 advanced technology jobs and nearly 60,000 indirect jobs. The semiconductor fab with 50,000 wafers per month capacity will be set up by Tata Electronics Private Ltd in partnership with Powerchip Semiconductor Manufacturing Corp, Taiwan, in Dholera, Gujarat. The fab will cover high-performance compute chips with 28 nm technology, and power management chips for electric vehicles, telecom, defense, automotive, consumer electronics, display, power electronics, etc, according to the government.

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History of this topic

First made-in-India semiconductor chip to be ready this year: Ashwini Vaishnaw
1 month ago

First made-in-India semiconductor chip to be ready this year: Ashwini Vaishnaw

Hindustan Times  

Union IT and Electronics minister Ashwini Vaishnaw on Wednesday said the first Made-in-India semiconductor chip will be ready for production by 2025. Ashwini Vaishnaw said India will get its first domestically-produced semiconductor chip by 2025. The mission's incentive package includes financial support for companies establishing semiconductor fabrication units, display fabrication units, compound semiconductor units, semiconductor assembly, testing, marking and packaging …

Mint Primer: Why India’s first locally made chip will be a big deal
1 month, 1 week ago

Mint Primer: Why India’s first locally made chip will be a big deal

Live Mint  

The government has reiterated that the first chip from an Indian fab will debut by October. At the World Economic Forum in January, Vaishnaw reaffirmed the first ‘Made in India’ chip rollout this year, confirming its September-October debut to the media on 16 February. Tata-PSMC is building India’s first AI-enabled semiconductor fab, producing up to 50,000 wafers per month for …

Tata Electronics plans to build two more chip fabs in Dholera
6 months, 2 weeks ago

Tata Electronics plans to build two more chip fabs in Dholera

Live Mint  

Tata Electronics intends to set up two more semiconductor fabs in Dholera, Gujarat as part of its long-term plan to build chips locally and cater to global demand, according to two people directly aware of the company’s strategy. “The nodes and technology will be decided once the first fab is at full capacity and will depend on the global demand …

India best positioned to host entire semiconductor ecosystem: PM Modi at SEMICON
6 months, 2 weeks ago

India best positioned to host entire semiconductor ecosystem: PM Modi at SEMICON

Hindustan Times  

Prime Minister Narendra Modi on Wednesday said that India’s semiconductor ecosystem is a solution not just for the country’s challenges but also for global challenges. Speaking at the inauguration of the SEMICON India conference in Greater Noida, PM Modi said India’s reform focussed government, its growing manufacturing base, and its aspirational market that is aware of technological trends are the …

Proposal to set up unit in India: Centre seeks more details from Israeli firm Tower Semiconductor
6 months, 3 weeks ago

Proposal to set up unit in India: Centre seeks more details from Israeli firm Tower Semiconductor

Hindustan Times  

The Union government has sought more details regarding a proposal from an Israeli firm, Tower Semiconductor, to set up a semiconductor unit in India, a senior IT ministry official said on Monday, adding the proposal is currently being appraised. The statement comes days after Maharashtra deputy chief minister Devendra Fadnavis on September 5 announced that the state cabinet has already …

Cabinet approves ₹3,300 crore for Kaynes Semicon plant in Gujarat
6 months, 4 weeks ago

Cabinet approves ₹3,300 crore for Kaynes Semicon plant in Gujarat

The Hindu  

The Union Cabinet on Monday approved a semiconductor unit in Sanand, Gujarat to be set up by Kaynes Semicon Pvt Ltd. The approval flows from the India Semiconductor Mission’s modified scheme for setting up semiconductor fabs, which provides for 50% capital investment fiscal support; the scheme has an outlay of ₹76,000 crore. “The chips produced in this unit will cater …

Union Cabinet approves proposal of Kaynes Semicon Pvt Ltd to set up semiconductor unit in Gujarat
6 months, 4 weeks ago

Union Cabinet approves proposal of Kaynes Semicon Pvt Ltd to set up semiconductor unit in Gujarat

New Indian Express  

NEW DELHI: In a bid to make India a semiconductor manufacturing hub, the government on Monday approved the proposal of Kaynes Semicon Pvt Ltd to set up a semiconductor unit in Sanand, Gujarat. In June 2023, the Union Cabinet approved the first proposal for setting up a semiconductor unit in Sanand, Gujarat. Tata Electronics is setting up a semiconductor fab …

Tata Electronics holds groundbreaking ceremony of its semiconductor chip assembly in Assam
7 months, 3 weeks ago

Tata Electronics holds groundbreaking ceremony of its semiconductor chip assembly in Assam

India TV News  

Tata Electronics: In a boost to Prime Minister Narendra Modi's vision to establish India as a global semiconductor manufacturing center, Tata Electronics held the groundbreaking ceremony for its chip assembly and testing unit at Jagiroad in Morigaon district, Assam on Saturday. Being touted as the largest investment project in Northeast India, the estimated Rs 27,000 crore Tata semiconductor plant is …

PM Modi lays foundation stone of three semiconductor facilities
1 year ago

PM Modi lays foundation stone of three semiconductor facilities

The Hindu  

Prime Minister Narendra Modi on March 13 said when India commits, it delivers, referring to his government's commitment to make the country a semiconductor manufacturing hub. Mr. Modi was virtually addressing people after laying the foundation stone of three semiconductor facilities of about ₹1.25 lakh crore, which include two in Gujarat and one in Assam. PM Modi lays foundation stone …

Chips For Viksit Bharat: PM Modi To Lay Foundation Stone For 3 Semiconductor Projects Worth Rs 1.25 Lakh Crore. Here's The Livestream Link
1 year ago

Chips For Viksit Bharat: PM Modi To Lay Foundation Stone For 3 Semiconductor Projects Worth Rs 1.25 Lakh Crore. Here's The Livestream Link

ABP News  

In a significant move aimed at bolstering India's position in the global semiconductor landscape and providing a substantial boost to the nation's economy, Prime Minister Narendra Modi is set to partake in 'India's Techade: Chips for Viksit Bharat' on March 13, 2024, at 10:30 am via video conferencing. This event will mark the laying of the foundation stone for three …

PM Modi to lay foundation for 3 semiconductor facilities worth ₹1.25 lakh cr
1 year ago

PM Modi to lay foundation for 3 semiconductor facilities worth ₹1.25 lakh cr

Live Mint  

Prime Minister Narendra Modi will lay the foundation stones for three semiconductor facilities worth over Rs. The PM will lay the foundation stone for the Semiconductor fabrication facility at the Dholera Special Investment Region and the Outsourced Semiconductor Assembly and Test facility at Sanand located in Gujarat. The statement said that PM Modi will lay the foundation stone for semiconductor …

India's chip ambitions are about to get larger
1 year ago

India's chip ambitions are about to get larger

Live Mint  

New Delhi: The government plans to boost chip sector incentives from the current ₹76,000 crore, as it expects a mushrooming of chip fabs and testing units in the country in the years ahead. India will emerge as one of the top five semiconductor ecosystems in world in the coming five years, IT minister Ashwini Vaishnaw said in an interview. “In …

Every big chip player to re-work investment plan for India: Minister Vaishnaw
1 year ago

Every big chip player to re-work investment plan for India: Minister Vaishnaw

The Hindu  

India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan and South Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. This means, practically every big player would now like …

India’s first chip fab to cost ₹91,000 crore
1 year ago

India’s first chip fab to cost ₹91,000 crore

Live Mint  

New Delhi: India’s chip-making ambitions took a giant leap on Thursday with the Centre greenlighting three projects worth ₹1.26 trillion, with the Tata group leading two of them. Ltd will build India’s first semiconductor fab in Gujarat’s Dholera for ₹91,000 crore along with Taiwan’s Powerchip Semiconductor Manufacturing Co., Tata Semiconductor Assembly and Test Pvt. A Union cabinet meeting chaired by …

‘Entry in chip will de-risk global supply chains’
1 year ago

‘Entry in chip will de-risk global supply chains’

New Indian Express  

NEW DELHI: India’s entry into the semiconductor manufacturing will significantly de-risk global supply chains and will make the country a very important player in globally, said N Chandrasekaran, Chairman, Tata Sons. “Tata Group has a tradition of pioneering many sectors in the country, and we are confident that our entry in semiconductor fabrication will add to this legacy,” said Chandrasekharan. …

Union cabinet approves three more semiconductor plants in India
1 year, 1 month ago

Union cabinet approves three more semiconductor plants in India

Op India  

In a major initiative in fulfilling the Narendra Modi government’s ambition to turn India into a semiconductor manufacturing hub, the Central government on Thursday, approved the proposal for setting up three semiconductor plants in India. #WATCH | Union Minister Ashwini Vaishnaw says, "Today the Prime Minister has taken an important decision to set up semiconductor fab in the country. The …

First commercial semiconductor fab to be setup by Tata, Powerchip-Taiwan as Centre gives approval
1 year, 1 month ago

First commercial semiconductor fab to be setup by Tata, Powerchip-Taiwan as Centre gives approval

Hindustan Times  

The Centre on Thursday announced the setting up of three semiconductor plants in the country. The first commercial semiconductor fab will be setup by Tata and Powerchip-Taiwan, whose plant will be in Dholera," Union minister Ashwini Vaishnaw was quoted by ANI as saying. “CG Power will set up semiconductor unit in Gujarat in tie-up with Renesas Electronics Corp, Japan, and …

Govt clears three semiconductor plants in Gujarat and Assam, CM Himanta says 'game changer for North East'
1 year, 1 month ago

Govt clears three semiconductor plants in Gujarat and Assam, CM Himanta says 'game changer for North East'

India TV News  

The Modi government on Thursday approved proposals to set up three semiconductor units in Gujarat and Assam with an estimated investment of Rs 1.26 lakh crore. Three semiconductor plants in Gujarat and Assam Tata Electronics Private Limited will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp, Taiwan. Assam CM Himanta Biswa Sarma thanks PM Modi for …

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar
1 year, 1 month ago

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar

India TV News  

India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar. Reflecting on India's semiconductor journey, Chandrasekhar highlighted the strides made since 2014, particularly after the launch of the semiconductor programme in January 2020. Chandrasekhar highlighted India's …

India developing very strong semi-conductor industry; first made-in-India chip in December: Ashwini Vaishnaw
1 year, 2 months ago

India developing very strong semi-conductor industry; first made-in-India chip in December: Ashwini Vaishnaw

The Hindu  

The first made-in-India chip will be out by December, Union Minister Ashwini Vaishnaw said in Davos, crediting Prime Minister Narendra Modi for developing a very strong semi-conductor industry in the country in a short span of time with focus on the entire ecosystem. Speaking to PTI at the World Economic Forum Annual Meeting 2024, the Minister said PM Modi launched …

US firm Micron breaks ground for $2.75 billion semiconductor plant in Gujarat
1 year, 6 months ago

US firm Micron breaks ground for $2.75 billion semiconductor plant in Gujarat

India Today  

Micron Technology, a leading American semiconductor manufacturer, has begun construction of a $2.75 billion semiconductor testing and assembly plant in Gujarat’s Sanand, marking a significant step in India's efforts to meet domestic semiconductor demand and reduce imports. This development comes just three months after Micron first announced its plans to establish the plant, making it the largest investment under the …

India's oldest surviving semicon maker CDIL to increase its capacity by 100 Million Units
1 year, 6 months ago

India's oldest surviving semicon maker CDIL to increase its capacity by 100 Million Units

Firstpost  

India’s oldest surviving semiconductor maker CDIL is planning to increase its manufacturing capacity by 100 million units a year. Ltd, India’s oldest surviving semiconductor company is contemplating the possibility of establishing its own fabrication facility in India in the long term, provided the necessary supportive ecosystem emerges within the country. For the time being, CDIL is concentrating on its local …

What will enable Intel to build a ‘fab’ in India?
1 year, 6 months ago

What will enable Intel to build a ‘fab’ in India?

The Hindu  

For India to attract semiconductor fabrication and microprocessor packaging industries into the country, government subsidy is only the first step, according to Christoph Schell, Chief Commercial Officer at Intel. While hinting that India did not currently have the requisite factors in place, Mr Schell said: “I think that over time India will be a very interesting location.” Interacting with journalists …

Semiconductor firms to get 50 per cent aid: PM
1 year, 8 months ago

Semiconductor firms to get 50 per cent aid: PM

Deccan Chronicle  

NEW DELHI: In a bid to boost investment in the technology space in India, Prime Minister Narendra Modi on Friday said that technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country. Announcing the government's plans to build a vibrant semiconductor ecosystem in the country, the PM said, "India is becoming …

PM Modi wants India to become a hub of semiconductor industry
1 year, 8 months ago

PM Modi wants India to become a hub of semiconductor industry

The Hindu  

Prime Minister Narendra Modi on July 28 said India would emerge as a global hub of semiconductor and chip-making industry, as he made a strong pitch to global investors, while inaugurating the ‘Semicon India 2023’ conclave in Gujarat. “India understands that semiconductors are not just a national need but a necessity for the world,” Mr. Modi said, adding that attracting …

Down But Not Out: On the Indian Government’s Semiconductor Fab Ambition
1 year, 8 months ago

Down But Not Out: On the Indian Government’s Semiconductor Fab Ambition

The Quint  

The semiconductor chip fabrication in India programme, though, is unlikely to secure any of these three advantages. The Semiconductor programme did not ask for, and no bidder promised, that the semiconductor chips would be sold in India to the Indian electronics products manufacturers at prices lower price than global prices despite 50 percent to 70 percent fiscal support. The fact …

Foxconn plans India semiconductor unit without Vedanta, seeks ‘diverse’ stakeholders
1 year, 8 months ago

Foxconn plans India semiconductor unit without Vedanta, seeks ‘diverse’ stakeholders

Hindustan Times  

Foxconn is planning to apply separately to build a semiconductor manufacturing plant in India, the Taiwanese tech giant said on Tuesday, a day after withdrawing from a semiconductor joint venture with India's Vedanta Limited. FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, “Foxconn is working towards submitting an application related to Modified Programme …

Micron Investment Fuels Modi Govt's Semiconductor Ambition. What Are The Obstacles Ahead
1 year, 9 months ago

Micron Investment Fuels Modi Govt's Semiconductor Ambition. What Are The Obstacles Ahead

ABP News  

New Delhi: Micron Technology's announcement regarding the establishment of a cutting-edge semiconductor assembly, testing, and packaging plant in Sanand, Gujarat, has reignited fresh hope for India's aspirations to become a global semiconductor supply chain hub. "Semiconductor manufacturing involves various stages and each of these stages may involve a completely different category of vendor," says Kanishka Chauhan, Senior Principal Analyst at …

US chipmaker Micron's Semiconductor plant in India expected to reduce mobile-laptop costs: Know how
1 year, 9 months ago

US chipmaker Micron's Semiconductor plant in India expected to reduce mobile-laptop costs: Know how

India TV News  

During Prime Minister Narendra Modi's visit to the United States, a significant breakthrough was achieved, Micron Technology, an American semiconductor maker, has announced plans to establish India's first semiconductor plant in Sanand, Gujarat. This significant development, resulting from Prime Minister Narendra Modi's visit to the United States, shows a stride towards making India a hub for semiconductor chip production and …

Centre clears $2.7 billion Micron chip testing plant; unit expected to create 5,000 jobs
1 year, 9 months ago

Centre clears $2.7 billion Micron chip testing plant; unit expected to create 5,000 jobs

Firstpost  

The central government has approved US-based chip maker Micron’s project to set up a semiconductor test and packaging unit worth USD 2.7 billion in the country, sources told PTI. The government agreed to production-linked incentives worth 110 billion rupees for the plant, which is set to be built in PM Modi’s home state of Gujarat, Reuters reported quoting an official. …

Semiconductor fab: the unfinished agenda
1 year, 9 months ago

Semiconductor fab: the unfinished agenda

The Hindu  

To set up a semiconductor fabrication plant in India is not mere hubris. But backed by massive government financial support over the last two decades, it acquired hundreds of loss-making fabs from around the world and built its fab industry. Lessons from China India’s strategy has been to set up a new logic fab. China, which acquired loss-making fabs and …

Cabinet approves Micron’s $2.7bn semiconductor packaging plant
1 year, 9 months ago

Cabinet approves Micron’s $2.7bn semiconductor packaging plant

Live Mint  

The Indian cabinet has given its approval to US chipmaker Micron Technology's plan to invest $2.7 billion to set up a semiconductor testing and packaging unit in Gujarat, Reuters reported on Tuesday. Micron's Assembly Testing Marking and Packaging will be built in Sanand, the report added citing source. The report said Micron Technology's plans come as the White House presses …

India’s semiconductor mission might need a compass
1 year, 11 months ago

India’s semiconductor mission might need a compass

The Hindu  

The United States Department of Commerce and its Indian counterpart have recently concluded a memorandum of understanding in March 2023 to ensure that subsidies by each country do not come in the way of India’s semiconductor dreams, as espoused by the much publicised semiconductor policy launched in December 2021. The way forward The institutional framework for such a shift in …

Explained | India’s push for semiconductors
2 years ago

Explained | India’s push for semiconductors

The Hindu  

The story so far: The Union Government has disbursed around ₹1,645 crore in performance-linked incentives for electronics manufacturers so far, as part of its efforts to bring in more of the electronics supply chain to India. The government’s Invest India agency estimates that electronics manufacturing as a whole will be worth $300 billion by the financial year 2025–26. The SIA, …

First semiconductor fab will be declared in a few weeks: IT Minister Ashwini Vaishnaw
2 years ago

First semiconductor fab will be declared in a few weeks: IT Minister Ashwini Vaishnaw

The Hindu  

The first semiconductor fab will be announced in a few weeks, and India is poised for a vibrant chip industry in the next 3-4 years on the back of enabling policies and the government's firm commitment towards growing the manufacturing ecosystem, Union Minister Ashwini Vaishnaw said on March 14. When it comes to mobile phone manufacturing India is number two …

‘Hope for more proposals like Vedanta-Foxconn for semiconductor fabs’
2 years, 1 month ago

‘Hope for more proposals like Vedanta-Foxconn for semiconductor fabs’

Live Mint  

I have been following news articles on the status of semiconductor fabs to be set up in India. When a country is starting from scratch, like India is, it isn’t always realistic to suggest that an entity with great experience in semiconductors should lead the foray. The Government will support semiconductor and display fabs with a package of $10 billion, …

India-US Semiconductor Groups Join Hands to Strengthen Chip Ecosystem Ahead of Budget Presentation
2 years, 1 month ago

India-US Semiconductor Groups Join Hands to Strengthen Chip Ecosystem Ahead of Budget Presentation

News 18  

The India Electronics and Semiconductor Association and the US Semiconductor Industry Association have announced plans to develop a private-sector task force to strengthen collaboration between both countries in the global semiconductor ecosystem, just ahead of Finance Minister Nirmala Sitharaman presenting the Union Budget 2023. These are developing a “readiness assessment” regarding the semiconductor ecosystem in India; assembling industry, government, and …

Karnataka may become the first state to have a chip fab
2 years, 4 months ago

Karnataka may become the first state to have a chip fab

Live Mint  

NEW DELHI : The International Semiconductor Consortium’s proposed $3 billion chip fab in Mysuru is likely to start construction as early as February if the central government okays the company’s application for financial incentives. Here’s why Five charts tell the floundering story of multiplexes How a Delhi couple bought first home for ₹37 lakh He added that ISMC would make …

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar
2 years, 5 months ago

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar

Firstpost  

The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with an investment of Rs 1.53 lakh crore Bengaluru: The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in the next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar …

Cabinet approves modifications in scheme for development of semiconductors and display manufacturing ecosystem
2 years, 6 months ago

Cabinet approves modifications in scheme for development of semiconductors and display manufacturing ecosystem

The Hindu  

The Union Cabinet on Wednesday approved modifications in the scheme for development of the semiconductor and display manufacturing ecosystem, with a uniform fiscal support of 50% project cost for all technology nodes for setting up of semiconductor fabrication units. “Given the niche technology and nature of compound semiconductors and advanced packaging, the modified programme will also provide fiscal support of …

Cabinet approves tweaks in scheme for semiconductors, display manufacturing ecosystem
2 years, 6 months ago

Cabinet approves tweaks in scheme for semiconductors, display manufacturing ecosystem

Deccan Chronicle  

NEW DELHI: The Cabinet on Wednesday approved modifications in the scheme for semiconductors and display manufacturing ecosystem, with uniform fiscal support of 50 per cent of project cost for all technology nodes under the ambitious programme. Announcing the decision of the Cabinet, Union Minister Anurag Thakur said the modifications will strengthen the semiconductor scheme, thus raising capacities within the country, …

Karnataka signs $3 billion investment proposal deal to set up semiconductor fab plant
2 years, 10 months ago

Karnataka signs $3 billion investment proposal deal to set up semiconductor fab plant

The Hindu  

Karnataka on Sunday signed a Memorandum of Understanding with Israel–based ISMC Analog Fab Pvt. As per the MoU, Karnataka would facilitate ISMC Analog to obtain necessary permissions, registrations, approvals, clearance and incentives among others from departments concerned as per the prevailing rules and policies. Speaking on the occasion, Mr. Bommai said that the major MoU has been signed when many …

‘Chip making $85-$100 bn opportunity for India’
2 years, 11 months ago

‘Chip making $85-$100 bn opportunity for India’

Live Mint  

The IESA in its Global Semiconductor Manufacturing Supply Chain Report said India could account for $85-$100 billion out of a $550-$600 billion annual global market opportunity by 2030. In a second report, titled India Semiconductor Market Report 2019-2026, it forecast that the Indian semiconductor market could grow to $64.05 billion by 2026, and the market was valued at $27.15 billion …

More Bids for Chip Fabs Expected but Current Focus on ‘Execution’ of Semiconductor India Programme: IT Minister Vaishnaw
3 years, 1 month ago

More Bids for Chip Fabs Expected but Current Focus on ‘Execution’ of Semiconductor India Programme: IT Minister Vaishnaw

News 18  

With the Internet of Things and 5G becoming trending technologies in India, demand for semiconductor chips is estimated to increase over $100 billion by 2025. Union Electronics and IT Minister Ashwini Vaishnaw told CNBCTV18 that in the second round of the Semicon India Programme, more proposals for setting up semiconductor chip production facilities are expected. The India Semiconductor Mission, which …

Foxconn and Vedanta to jointly manufacture semiconductor chips in India
3 years, 1 month ago

Foxconn and Vedanta to jointly manufacture semiconductor chips in India

Op India  

Foxconn, the Taiwanese manufacturing company, has partnered with Anil Agarwal’s Vedanta group, an Indian oil, gas, and metals conglomerate, to make semiconductor chips in India. This action follows the unveiling of the Rs 76,000 crore PLI scheme by the central government for semiconductor manufacturing in the country, which aims to make India one of the world’s major semiconductor manufacturing hubs. …

How India can achieve its dream of becoming a semiconductor hub
3 years, 1 month ago

How India can achieve its dream of becoming a semiconductor hub

The Hindu  

The pandemic has brought to the fore the fragility of the global supply chain of semiconductor manufacturing. Considering that initial manufacturing would be in mature tech, it would be ideal to enter into an agreement with the consumers of such semiconductors like automotive manufacturers to ensure that whatever is produced is consumed. The India Electronics and Semiconductor Association is exploring …

Intel planning semiconductor manufacturing unit in India as govt rolls out incentives
3 years, 3 months ago

Intel planning semiconductor manufacturing unit in India as govt rolls out incentives

Live Mint  

Chipset maker, Intel, is planning to set up its semiconductor manufacturing unit in India. The Union Cabinet approved a ₹76,000-crore policy boost for semiconductor and display manufacturing ecosystem in the country in a bid to position India as a global hub for hi-tech production. The government has lined up an attractive incentive support for companies engaged in silicon semiconductor fabs, …

When the chips are down: The Hindu Editorial on India’s Semiconductor Mission
3 years, 3 months ago

When the chips are down: The Hindu Editorial on India’s Semiconductor Mission

The Hindu  

The Union Cabinet’s decision this week to set aside ₹76,000 crore for supporting the development of a ‘semiconductors and display manufacturing ecosystem’ is a belated but welcome acknowledgment of the strategic significance of integrated circuits, or chips, to a modern economy. The Cabinet decision to simultaneously establish an India Semiconductor Mission helmed by ‘global industry experts’ to drive long-term strategies …

Union Cabinet approves ₹76,000-crore push for semiconductor makers
3 years, 3 months ago

Union Cabinet approves ₹76,000-crore push for semiconductor makers

The Hindu  

The Union Cabinet on Wednesday approved a ₹76,000 crore scheme to boost semiconductor and display manufacturing in the country, taking the total amount of incentives announced for the electronics sector to ₹2.30 lakh crore, a government statement said. The comprehensive programme for the “development of sustainable semiconductor and display ecosystem in the country” was aimed at making India a global …

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