Cabinet approves fifth semiconductor unit in India
3 months, 3 weeks ago

Cabinet approves fifth semiconductor unit in India

Hindustan Times  

The Union Cabinet on Monday approved a proposal by Kaynes Semicon to set up a semiconductor unit in Sanand, Gujarat, with an investment of ₹3,307 crore, electronics and information technology minister Ashwini Vaishnaw said. On Monday, Vaishnaw said semiconductor industry is a “foundational industry” for India’s domestic manufacturing goals. First was India’s first semiconductor fab unit in Dholera set up by Tata Electronics Private Limited in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation. “The construction of Tata’s Assam plant started recently while CG Power’s Sanand plant has been designed and construction will soon start,” Vaishnaw said on Monday.

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History of this topic

'Our Dream is To Have Indian-Made Chip in All Devices in World': PM Modi At Semicon India 2024
3 months, 1 week ago

'Our Dream is To Have Indian-Made Chip in All Devices in World': PM Modi At Semicon India 2024

News 18  

Prime Minister Narendra Modi on Wednesday said this is the right time to be in India as the government here offers stable policies and ease of doing business on investments. PM Modi on Wednesday inaugurated the three-day Semicon India 2024 at Greater Noida in Uttar Pradesh. India’s focus is to make its students and professionals semiconductor industry-ready,” PM Modi Stating …

Proposal to set up unit in India: Centre seeks more details from Israeli firm Tower Semiconductor
3 months, 2 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 …

SEMICON India 2024 to be held in partnership with MeitY, ISM
3 months, 2 weeks ago

SEMICON India 2024 to be held in partnership with MeitY, ISM

The Hindu  

SEMI, a U.S.-based association prompting the semiconductor industry, has announced SEMICON India 2024 in collaboration with the India Semiconductor Mission, Ministry of Electronics and IT, Digital India, and Messe München India. The event is scheduled to be held between September 11-13 at the India Exposition Mart Ltd. in Greater Noida with Prime Minister Narendra Modi attending the inauguration. This event …

Cabinet approves fifth semiconductor unit in India
3 months, 3 weeks ago

Cabinet approves fifth semiconductor unit in India

Hindustan Times  

The cabinet on Monday approved a proposal by Kaynes Semicon to set up a semiconductor unit in Sanand, Gujarat, with an investment of ₹3,307 crore, electronics and information technology minister Ashwini Vaishnaw announced. Cabinet approves fifth semiconductor unit in India This is the fifth semiconductor unit to be approved under the India Semiconductor Mission, the second to be set up …

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

India's chip ambitions are about to get larger
9 months, 1 week 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 …

Tech Take: The many times when India missed the Semicon bus
1 year, 5 months ago

Tech Take: The many times when India missed the Semicon bus

Firstpost  

India had many opportunities in the past, which could have made the country a global semiconductor hub by now. Many a time when major tech companies wanted to set up semiconductor research and development units or fabrication plants India faltered. However, government apathy, logistical challenges, corruption and the mind-numbingly slow-moving bureaucracy of an older India ensured that no major tech …

India’s semiconductor mission might need a compass
1 year, 8 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 …

How India’s Semiconductor Mission is Shaping Up to Compete in Global Chip Making Race
2 years, 4 months ago

How India’s Semiconductor Mission is Shaping Up to Compete in Global Chip Making Race

News 18  

With the global chip shortage, fuelled by the Covid-19 pandemic and geopolitical circumstances, affecting several smartphone and automobile industries, the government has launched the ‘Semiconductor Mission’ to establish a self-reliance and give boost to India’s fast-expanding electronics manufacturing and innovation ecosystem. Sanjay Gupta, Vice President and India Managing Director, NXP Semiconductors said: “With ISM taking India’s leadership in the technology …

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