Gujarat in talks with chipmakers in Japan, US, South Korea as PM Modi eyes chipmaking hub
11 months, 2 weeks ago

Gujarat in talks with chipmakers in Japan, US, South Korea as PM Modi eyes chipmaking hub

Firstpost  

With an aim to become a chipmaker for the world, the Gujarat government is in talks with chipmakers in Japan, South Korea and the United States for potential investments in the state. Gujarat has also held talks with Foxconn over a semiconductor plant, and U.S. memory chip firm Micron Technology Inc is also building a chip assembly and testing facility in the state. Chief Minister Bhupendra Patel said in an interview with Reuters that Gujarat, Modi’s home state and a significant industrial hub, has engaged in investment talks with chipmakers and officials have visited Japan to meet executives in the chips industry. “We continue to hold investment talks with semiconductor companies in Japan, South Korea and the U.S.,” he said, without disclosing the names of the companies citing “non-disclosure agreements”. Patel’s comments come ahead of the biennial Vibrant Gujarat Global Summit next week in which the state expects to secure investments in sectors including renewable energy, electric vehicles and electronics manufacturing.

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History of this topic

Japanese Companies Keen To Invest In India's Semiconductor Manufacturing Ecosystem: Deloitte
2 weeks, 6 days ago

Japanese Companies Keen To Invest In India's Semiconductor Manufacturing Ecosystem: Deloitte

ABP News  

Japanese companies are eager to establish semiconductor manufacturing units in India, bringing the necessary expertise and specialisation to collaborate with domestic firms, according to a Deloitte report. Shingo Kamaya, Deloitte AP and SRT Leader at Deloitte Japan stated that Japanese firms are "super enthusiastic" about India's potential. In July, Japan became the second Quad partner, following the US, to sign …

India must cash in on chip war
1 month, 1 week ago

India must cash in on chip war

Hindustan Times  

The US government’s latest directive to TSMC, halting shipments of advanced semiconductors to China, marks a significant escalation in the global chip wars. The US has tightened its grip on advanced chip sales to China, from restricting Nvidia and AMD’s AI chip sales in 2022 to planning additional controls on about 120 Chinese tech firms. The Biden administration’s sustained pressure …

Mint Quick Edit | India’s fab dream: There’s hard work to do
3 months, 1 week ago

Mint Quick Edit | India’s fab dream: There’s hard work to do

Live Mint  

Prime Minister Narendra Modi said on Wednesday that it is his dream to see an India-made chip in every global device. He also sought to attract global players by highlighting India’s stable business environment and chip investments already secured to fast-track the sector’s growth. While local chip rhetoric has been high ever since “computer chips, not potato chips" became a …

India best positioned to host entire semiconductor ecosystem: PM Modi at SEMICON
3 months, 1 week 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 …

PM Modi's 'bet on India' message to Semicon industry: ‘When globally chips are…'
3 months, 1 week ago

PM Modi's 'bet on India' message to Semicon industry: ‘When globally chips are…'

Hindustan Times  

PM Modi said that when chips are down globally, the world can bet on India to provide the groundbreaking semiconductor tech as he addressed experts from the industry at the Semicon India 2024 summit. He highlighted India's commitment to enhancing infrastructure and promoting inclusive growth in the semiconductor sector. He said, “India is the world's 8th such country where global …

'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 …

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel
4 months, 1 week ago

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel

Deccan Chronicle  

Nadiad : Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's …

Tata Electronics holds groundbreaking ceremony of its semiconductor chip assembly in Assam
4 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 …

India will emerge as one of biggest chip hubs in next 5 years: Ashwini Vaishnav
8 months ago

India will emerge as one of biggest chip hubs in next 5 years: Ashwini Vaishnav

India TV News  

Union Railways and IT Minister Ashwini Vaishnaw has recently said the country will become one of the biggest semiconductor hubs in the world in the next five years. The chip fabrication facility at the Dholera Special Investment Region in Gujarat is being set up by Tata Electronics Private Limited with a total investment of more than Rs 91,000 crore. The …

Rising Bharat Summit 2024: India to Have First Semiconductor Chip by December This Year, Says IT Minister Ashwini Vaishnaw
9 months ago

Rising Bharat Summit 2024: India to Have First Semiconductor Chip by December This Year, Says IT Minister Ashwini Vaishnaw

News 18  

Union Minister for Communications and Electronics & IT, Ashwini Vaishnaw, on Tuesday confirmed India’s forthcoming milestone in the semiconductor industry. Speaking at CNN-News18’s Rising Bharat Summit 2024, Vaishnaw declared that by December 2024, India will witness the launch of its first indigenous semiconductor chip. By drawing parallels between these developments and India’s manufacturing landscape, Vaishnaw debunked notions of mere assembling …

How China Could Swamp India’s Chip Ambitions
9 months ago

How China Could Swamp India’s Chip Ambitions

Live Mint  

When India’s largest conglomerate, Tata Group, broke ground on a $11 billion semiconductor factory this week, Prime Minister Narendra Modi said the country was poised to become a world leader in the sector. View Full Image China’s aggressive expansion comes at a time when the market for legacy chips is already well supplied. But India would struggle to shower such …

PM Modi lays foundation stone of three semiconductor facilities
9 months, 1 week 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 …

Every big chip player to re-work investment plan for India: Minister Vaishnaw
9 months, 2 weeks 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 …

‘Entry in chip will de-risk global supply chains’
9 months, 3 weeks 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. …

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar
10 months 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
11 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 …

Foxconn & HCL to establish semiconductor assembly and testing unit in India
11 months ago

Foxconn & HCL to establish semiconductor assembly and testing unit in India

Op India  

Taiwan’s Foxconn, also known as Hon Hai Precision Industry, has joined forces with India’s HCL Group to establish an Outsourced Assembly and Testing unit for semiconductor chips. Foxconn, through its subsidiary Foxconn Hon Hai Technology India Mega Development Private Limited, is set to invest $37.2 million, securing a substantial 40% stake in the joint venture, as revealed in a regulatory …

PM Modi meets top CEOs, lures investments to boost economy, create jobs
11 months, 2 weeks ago

PM Modi meets top CEOs, lures investments to boost economy, create jobs

Firstpost  

Ahead of the inauguration of the Vibrant Gujarat Global Summit on 10 January, PM Modi held meetings with executives from Suzuki Motor Corp, Micron Technology, and AP Moller. Ahead of the inauguration of the Vibrant Gujarat Global Summit scheduled for 10 January, the Prime Minister held meetings with executives from Suzuki Motor Corp, Micron Technology, and AP Moller. PM Modi …

As PM Modi Rues Delay, Micron, States & New Policy Fuel India's Semiconductor Rise - News18
11 months, 2 weeks ago

As PM Modi Rues Delay, Micron, States & New Policy Fuel India's Semiconductor Rise - News18

News 18  

A few days ago, Prime Minister Narendra Modi voiced regret over India’s delayed entry into the semiconductor realm, stating that the mission should have been initiated 30 years ago. However, despite the delay, the announcement of Micron’s Assembly, Testing, Marking, and Packaging project is considered pivotal, regarded a ‘watershed moment’ by Sanjay Gupta, the chairperson at India Electronics and Semiconductor …

‘Generous’ incentives have boosted semiconductor ambitions: IT Secy
1 year ago

‘Generous’ incentives have boosted semiconductor ambitions: IT Secy

The Hindu  

The geopolitical advantage for India of companies and countries looking for resilient semiconductor and electronics supply chains is only going to last for “four or five years,” and that it was important to seize that opportunity within this period, Secretary of Electronics and Information Technology S. Krishnan said on Monday. Circumstances have changed for the industry now, with production-linked incentives …

Goyal meets Micron CEO, discusses semicon ecosystem
1 year, 1 month ago

Goyal meets Micron CEO, discusses semicon ecosystem

Live Mint  

New Delhi: Commerce and industry minister Piyush Goyal met the chief executive of semiconductor giant Micron Technology, Sanjay Mehrotra, during his US trip to discuss business opportunities in the growing semiconductor sector in India, the ministry said on Thursday. “In his discussion with Micron, the minister highlighted how India’s growing semiconductor ecosystem presents vast opportunities for companies to collaborate and …

Vedanta invites Japanese firms to invest in electronics manufacturing in India
1 year, 2 months ago

Vedanta invites Japanese firms to invest in electronics manufacturing in India

Live Mint  

New Delhi: Vedanta Limited, the Ani Agarwal-led conglomerate, has invited Japanese firms to form collaborations and invest in India's “electronics manufacturing revolution”. “The demand for electronics in India is fuelled by the Indian government's initiatives such as Make in India, Digital India, and the 100 Smart Cities Mission, which aim to promote local manufacturing, digitalisation and technological advancement across various …

US firm Micron breaks ground for $2.75 billion semiconductor plant in Gujarat
1 year, 3 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 …

What will enable Intel to build a ‘fab’ in India?
1 year, 3 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 …

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India
1 year, 3 months ago

Foxconn’s gift to PM Modi: iPhone maker promises to hire thousands as it looks to expand in India

Firstpost  

Foxconn has hinted that it plans to expand rapidly in India and will create tens of thousands of jobs by next year. Lee expressed Foxconn’s strong commitment to doubling its workforce, increasing foreign direct investment, and expanding its overall business operations in India within the next year. We will redouble our efforts to offer you an even greater birthday gift …

Foxconn backs India’s role in electronics manufacturing
1 year, 3 months ago

Foxconn backs India’s role in electronics manufacturing

Live Mint  

NEW DELHI : Foxconn Technology Group chairman Young Liu has backed India as an important country for the future of manufacturing, saying that the opportunities for the development of electronics manufacturing and industrial chains were huge. I don’t think it’s perfect to speculate from history, but we feel that development of the entire ecosystem and industrial chain, and the opportunities …

Foxconn seeks to work with STMicro to build India chip plant
1 year, 3 months ago

Foxconn seeks to work with STMicro to build India chip plant

Live Mint  

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country. Taiwan’s Foxconn and Franco-Italian STMicro are applying for state support for a 40-nanometer chip plant, people familiar with the matter said, asking not to be identified as the plan …

Foxconn teams up with STMicro for semiconductor plant in India: Report
1 year, 3 months ago

Foxconn teams up with STMicro for semiconductor plant in India: Report

India Today  

Foxconn Technology Group is collaborating with STMicroelectronics NV to submit a joint bid for constructing a semiconductor manufacturing plant in India, with the aim of securing state support for this endeavor, reported Bloomberg News. It may be noted that setting up semiconductor manufacturing plants is a formidable task, as these facilities entail substantial investments, often reaching billions of dollars, and …

A ‘fab’ way to conduct India-Japan tech diplomacy
1 year, 4 months ago

A ‘fab’ way to conduct India-Japan tech diplomacy

The Hindu  

India and Japan, in July 2023, agreed to collaborate on semiconductors in a bid to create a more resilient supply chain for this critical technology and work together for the joint development of the semiconductor ecosystem. The partnership will focus on five areas: ‘semiconductor design, manufacturing, equipment research, establishing resilience in the semiconductor supply chain, and talent development’, paving the …

India As Semiconductor Hub: Why China Challenge Is A Big Factor
1 year, 4 months ago

India As Semiconductor Hub: Why China Challenge Is A Big Factor

ABP News  

The Industrial Revolution 5.0 would not be here without the semiconductor chips. Chinese commentator Sima Nan, talking about Foxconn’s business plans in India, said: “Foxconn’s future lies in the acceptance of 'one country two systems' in a peaceful and prosperous world, there is no other way.” This was a warning not only to Foxconn but also to India, which seems …

Chip tactics: on India’s bid to attract major global chip manufacturers
1 year, 4 months ago

Chip tactics: on India’s bid to attract major global chip manufacturers

The Hindu  

The government has made a fresh bid to attract major global chip manufacturers into the country. At the Semicon India summit last Friday, Prime Minister Narendra Modi told prospective investors that the government had drawn on their suggestions after the first such conference last year, and taken pro-active decisions to address areas of concern. Ahead of Mr. Modi’s U.S. State …

‘NASA-ISRO collaboration is a sign of times to come,’ says EAM S Jaishankar
1 year, 4 months ago

‘NASA-ISRO collaboration is a sign of times to come,’ says EAM S Jaishankar

Live Mint  

At the SemiconIndia Conference 2023, External Affairs Minister S Jaishankar affirmed that the collaboration between India and the US is expanding to encompass new initiatives in various domains. We see that, for example, in space where India signing the Artemis Accords and promoting stronger NASA-ISRO collaboration is a sign of the times to come.” Earlier, PM Modi on Friday said …

PM Modi meets Foxconn chief days after Taiwanese firm breaks from $20 bn JV with Vedanta
1 year, 4 months ago

PM Modi meets Foxconn chief days after Taiwanese firm breaks from $20 bn JV with Vedanta

Hindustan Times  

Foxconn chief Young Liu met Prime Minister Narendra Modi in Gujarat’s Gandhinagar on Friday, where both attended Semicon India 2023 conference. The meeting comes days after the Taiwanese company withdrew from a $20 billion joint venture - Vedanta Foxconn Semiconductors Limited - that would have brought the first chip manufacturing plant in India. PM Modi meets Foxconn chief Young Liu …

Modi woos global semiconductor players with talent, tax incentives pitch
1 year, 4 months ago

Modi woos global semiconductor players with talent, tax incentives pitch

Live Mint  

Gandhinagar: Prime Minister Narendra Modi on Friday urged the international semiconductor industry to consider investing in India, highlighting the nation's growing talent pool, reform initiatives, favourable tax regime, and financial incentives. Prabhu Raja, President Semiconductor Products Group at Applied Materials said that to develop manufacturing, India is poised to play an important role in global semiconductor industry. "For the first …

PM Modi wants India to become a hub of semiconductor industry
1 year, 4 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 …

India and Japan look to collaborate in building semiconductors and resilient supply chains
1 year, 4 months ago

India and Japan look to collaborate in building semiconductors and resilient supply chains

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India and Japan explored collaborating …

Foxconn, Micron, AMD among top chip makers to participate in Semicon India event in Gujarat on July 28
1 year, 4 months ago

Foxconn, Micron, AMD among top chip makers to participate in Semicon India event in Gujarat on July 28

Live Mint  

Top chipmakers including Foxconn, AMD, Micron and IBM will attend the Semicon India conference in Gandhinagar, Gujarat. "The event promises to be a catalyst for the semiconductor industry's progress through invaluable networking, technology demonstrations, and lucrative business prospects,", a release by the Gujarat government on the Semicon India event read. Speakers for the three-day Semicon India event include Foxconn Chairman …

Why government financial support to semiconductor industry is essential for the sector's growth
1 year, 5 months ago

Why government financial support to semiconductor industry is essential for the sector's growth

Firstpost  

Previous governments have displayed criminal neglect for this sector, and delivering results for the Modi government will require heavy lifting not just at the central level but also at the state and regional levels When the Indian economy was opening up in the 90s, foreign direct investment in various sectors was being invited. While global and domestic companies ramped up …

Foxconn plans India semiconductor unit without Vedanta, seeks ‘diverse’ stakeholders
1 year, 5 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 …

'India just getting started': Minister as Foxconn dumps $19.5 billion chip plan
1 year, 5 months ago

'India just getting started': Minister as Foxconn dumps $19.5 billion chip plan

India Today  

Taiwan’s Foxconn’s decision to withdraw from a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta “has no impact on India's Semiconductor Fab goals”, the government said today, adding that it was “a bad idea to bet against India under PM Modi”. Foxconn, the world's largest contract electronics maker, and Vedanta had signed a deal last year to build semiconductor …

Micron Investment Fuels Modi Govt's Semiconductor Ambition. What Are The Obstacles Ahead
1 year, 5 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 …

Can investments for Gujarat from Modi's US visit be a game changer for BJP?
1 year, 5 months ago

Can investments for Gujarat from Modi's US visit be a game changer for BJP?

India Today  

Prime Minister Narendra Modi’s official visit to the US has brought some much-needed relief to Gujarat. Ever since Modi, a former Gujarat chief minister, ascended to the country’s top job, Gujarat has been suffering in industrial investment—once a long suit of the state. Coming ahead of the December assembly election, the announcement had boosted the BJP’s ‘double engine sarkaar’ campaign—meaning …

India-U.S. push for jet engine production has better chances than ever before, say experts
1 year, 5 months ago

India-U.S. push for jet engine production has better chances than ever before, say experts

The Hindu  

The jet engine technology deal announced during Prime Minister Narendra Modi’s visit to the U.S. bears some resemblance to the India-U.S. Civil Nuclear Deal in the manner it was pushed through by Washington and New Delhi. However, experts say it will probably fare better than the nuclear deal in producing an actual commercial deal between General Electric and Hindustan Aeronautical …

US chipmaker Micron's Semiconductor plant in India expected to reduce mobile-laptop costs: Know how
1 year, 6 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 …

Tech announcements during Prime Minister Narendra Modi’s state visit to United States a “milestone” for India’s semiconductor growth: Rajeev Chandrasekhar
1 year, 6 months ago

Tech announcements during Prime Minister Narendra Modi’s state visit to United States a “milestone” for India’s semiconductor growth: Rajeev Chandrasekhar

The Hindu  

The big announcements by players like Micron, Applied Materials and Lam Research during Prime Minister Narendra Modi’s United States visit are a “significant and meaningful milestone” in the expansion of the semiconductor ecosystem in the country, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said on June 23. In a tweet earlier, Chandrasekhar termed the latest developments …

US, India Defence Ties To Witness ‘Unprecedented Co-production, Tech Transfer’ Plans
1 year, 6 months ago

US, India Defence Ties To Witness ‘Unprecedented Co-production, Tech Transfer’ Plans

ABP News  

New Delhi: Prime Minister Narendra Modi and US President Joe Biden sought to welcome the “next generation” of US-India defence partnership as they vowed to work closely on “unprecedented co-production and technology transfer” plans in the defence sector, according to a joint statement. The statement, which was issued after a bilateral meeting between Modi and Biden in Washington DC Thursday, …

Centre clears $2.7 billion Micron chip testing plant; unit expected to create 5,000 jobs
1 year, 6 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. …

Cabinet approves Micron’s $2.7bn semiconductor packaging plant
1 year, 6 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 …

PM Modi’s visit to U.S. | Every issue of importance for India and the U. S. likely to feature in bilateral dialogue with President Biden: Foreign Secretary
1 year, 6 months ago

PM Modi’s visit to U.S. | Every issue of importance for India and the U. S. likely to feature in bilateral dialogue with President Biden: Foreign Secretary

The Hindu  

Every global and regional issue that is relevant to India and the U.S. is expected to feature in the bilateral dialogue that Prime Minister Narendra Modi will hold with American President Joe Biden during his upcoming official state visit to the U.S., Foreign Secretary Vinay Mohan Kwatra said on June 19. “Every regional and global issue that are important in …

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