India’s semiconductor mission might need a compass
1 year, 9 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 focus already exists with the transfer of SCL back to the Ministry of Electronics and Information Technology after a 15-year stint as a laboratory within the Department of Space, as part of the new semiconductor policy announcement in December 2021. The “More than Moore” segment of >180 nm node involving mixed signal analog, wide bandgap for RF and power markets leveraging existing lithography capability already in place at the SCL. The recent efforts by the India Semiconductor Mission to open up subsidies to global small and medium-sized enterprises in the upstream supply chain are welcome because an existing facility like the SCL will benefit from this.

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History of this topic

Lessons for India from Intel’s downturn
1 month ago

Lessons for India from Intel’s downturn

Hindustan Times  

Silicon Valley thrives on disruption. But even in this land of constant change, there’s a sense of melancholy in the air as Intel, the once-unquestioned king of chips, stumbles towards an uncertain future. Lessons for India from Intel’s downturn Remember those “Intel Inside” stickers plastered on every computer back in the day? “Intel’s biggest problem isn’t just competition,” a seasoned …

Lessons for India from Intel’s downturn
1 month ago

Lessons for India from Intel’s downturn

Hindustan Times  

Silicon Valley thrives on disruption. But even in this land of constant change, there’s a sense of melancholy in the air as Intel, the once-unquestioned king of chips, stumbles towards an uncertain future. “Intel’s biggest problem isn’t just competition,” a seasoned industry analyst confided, “it’s their legacy.” The company, with its massive workforce and sprawling infrastructure, is like a super …

Assam’s Semiconductor Plant: A Game-Changer for India’s Semiconductor Ecosystem
1 month, 3 weeks ago

Assam’s Semiconductor Plant: A Game-Changer for India’s Semiconductor Ecosystem

Op India  

India’s ambitious strides in the semiconductor industry are best exemplified by the development of a semiconductor unit in Morigaon, Assam, spearheaded by Tata Semiconductor Assembly and Test Pvt Ltd. India Semiconductor Mission: Fostering a Self-Reliant Semiconductor Industry Industry estimates place the Indian semiconductor market at approximately $38 billion in 2023, with projections indicating growth to $109 billion by 2030. Under …

Mint Quick Edit | India’s fab dream: There’s hard work to do
3 months, 4 weeks 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, 4 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
4 months 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 fifth semiconductor unit in India
4 months, 1 week 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
4 months, 1 week 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 …

Cabinet approves fifth semiconductor unit in India
4 months, 1 week 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 …

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel
4 months, 3 weeks 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 …

MeitY Secretary: India poised to lead global semiconductor industry with talent and expertise
6 months ago

MeitY Secretary: India poised to lead global semiconductor industry with talent and expertise

India TV News  

Ministry of Electronics and Information Technology Secretary S. Krishnan has emphasized that India possesses the talent and deep expertise, which is needed to become a global leader in the semiconductor industry, which is a crucial sector for the nation. At a conference which was organised by fabless semiconductor firm iVP Semiconductor, Krishnan said that the government is actively supporting the …

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

Tamil Nadu to tap into semiconductor, electronics sectors; rolls out policy to attract investors
1 year ago

Tamil Nadu to tap into semiconductor, electronics sectors; rolls out policy to attract investors

The Hindu  

To account for 40% of India’s electronics exports, the Tamil Nadu government on Sunday rolled out its ‘Semiconductor and Advanced Electronics Policy 2024’ at the Global Investors Meet. The policy seeks to attract anchor investments in semiconductor and advanced electronics manufacturing and create a skilled talent pool of over two lakh persons by 2030. Global marquee research and design entities …

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

Prepare Chip Policy to Make UP the Semiconductor Manufacturing Hub, Instructs Yogi Adityanath
1 year ago

Prepare Chip Policy to Make UP the Semiconductor Manufacturing Hub, Instructs Yogi Adityanath

News 18  

Uttar Pradesh Chief Minister Yogi Adityanath, during a high-level meeting on Wednesday, unveiled plans to formulate a comprehensive semiconductor policy to make the state a hub in semiconductor manufacturing. Emphasising the pivotal role of semiconductors in today’s technology-driven landscape, Adityanath underscored the global semiconductor industry’s staggering revenues exceeding $950 billion in 2022, signalling vast potential and opportunities in the sector. …

‘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 …

'India should set up $10bn fund of funds to develop semiconductor design labs'
1 year, 1 month ago

'India should set up $10bn fund of funds to develop semiconductor design labs'

Live Mint  

New Delhi: India should set up a $10 bn ‘fund of funds’ for pureplay semiconductor design companies to funnel private investments and, in turn, boost chip manufacturing, said India Semiconductor Mission advisory committee member Sriram Viswanathan. “India should set up a $10 billion fabless design initiative or incentive scheme that requires private capital to multiply that for every dollar of …

Chip off the block: The Hindu Editorial on semiconductor fabrication in India
1 year, 2 months ago

Chip off the block: The Hindu Editorial on semiconductor fabrication in India

The Hindu  

As funds for production-linked incentives for manufacturing semiconductors lie under-utilised by upwards of 80%, the Union government must be far clearer on what it has achieved — and aims to accomplish — by continuing to spend crores of rupees on bringing more semiconductor fabrication capabilities to India. But the central wager with these schemes, at much cost to the exchequer, …

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 …

India As Semiconductor Hub: Why China Challenge Is A Big Factor
1 year, 5 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, 5 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 …

India's tryst with semi-conductor: Where we are and what we need
1 year, 5 months ago

India's tryst with semi-conductor: Where we are and what we need

India Today  

Union Minister of Information and Technology, Ashwini Vaishnaw, has promised the country that a first-of-its-kind, Made in India semi-conductor chip will be introduced by December 2024. The central government has been in talks with the biggest players across the world that can help set up a semiconductor manufacturing plant in India. PM MODI'S DREAM Prime Minister Narendra Modi has been …

Semiconductor firms to get 50 per cent aid: PM
1 year, 5 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 …

Modi woos global semiconductor players with talent, tax incentives pitch
1 year, 5 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, 5 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 …

Decades of Missed Chances vs 19 Months of Progress: MoS Chandrasekhar on India’s ‘Chip’ Top Shape
1 year, 5 months ago

Decades of Missed Chances vs 19 Months of Progress: MoS Chandrasekhar on India’s ‘Chip’ Top Shape

News 18  

India is currently heading in the right direction after missing several opportunities in the past, said Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday, talking about the second edition of the global summit, Semicon India, which will be held in Gandhinagar, Gujarat, from July 28-30. He said: “India’s story of semiconductors, the vision of India being …

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 …

Micron Investment Fuels Modi Govt's Semiconductor Ambition. What Are The Obstacles Ahead
1 year, 6 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 …

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 …

Govt To Invest Almost $2 Billion In Semiconductor Laboratory Mohali Upgrade: MoS IT Rajeev Chandrasekhar
1 year, 7 months ago

Govt To Invest Almost $2 Billion In Semiconductor Laboratory Mohali Upgrade: MoS IT Rajeev Chandrasekhar

ABP News  

Minister of State for Electronics and IT Rajeev Chandrasekhar on Friday said that the government is investing almost $2 billion in upgrading Semiconductor Laboratory in Mohali for research and prototyping. Speaking at the 3rd SemiconIndia Future Design Roadshow at IIT Delhi Chandrasekhar said that a slew of measures for the semiconductor sector has been put in place by the government, …

Explained | India’s push for semiconductors
1 year, 9 months 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, …

Can India Emerge a Global Chip Powerhouse?
1 year, 10 months ago

Can India Emerge a Global Chip Powerhouse?

The Diplomat  

The world is in the grip of the geopolitics of technology. Correspondingly, through iCET, India has entered into a public-private collaboration in the chip ecosystem with the U.S. Semiconductor Industry Association, whose goals are to elevate India’s presence in the global chip industry. Liu Zongyi, the secretary general of the Research Center for China-South Asia Cooperation at the Shanghai Institute …

‘Hope for more proposals like Vedanta-Foxconn for semiconductor fabs’
1 year, 10 months 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, …

Chips down on India: From Foxconn to TSMC, semiconductor giants are betting big on India
1 year, 11 months ago

Chips down on India: From Foxconn to TSMC, semiconductor giants are betting big on India

Firstpost  

Foxconn and Vedanta are already setting up their semiconductor fabricating plant in India and will invest $19.5 billion. However, other chip giants like TSMC, PSMC, Renesas Electronics, Intel and AMD are also looking for ways to set up factories in India. Ever since news N Chandrasekaran - chairman of the Tata group, announced that Tata Electronics will set up an …

India-US Semiconductor Groups Join Hands to Strengthen Chip Ecosystem Ahead of Budget Presentation
1 year, 11 months 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 …

New PLI scheme for IT server, hardware to offer more sops for IP designed in India
2 years ago

New PLI scheme for IT server, hardware to offer more sops for IP designed in India

The Hindu  

India will soon be launching a production linked incentive scheme for IT server and hardware manufacturing with one of its facets being to encourage use of IP generated in the country. “One of the things in the PLI scheme is we will create additional incentives for manufacturers or OEMs that incorporate IP designed in India into their systems and products,” …

Karnataka may become the first state to have a chip fab
2 years, 1 month 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 …

India must dominate the game of chips – through its human resources
2 years, 2 months ago

India must dominate the game of chips – through its human resources

Live Mint  

Washington’s wide-ranging sanctions on China’s semiconductor industry will go far in containing the US’s geopolitical rival. India must have the baseline capability to produce advanced semiconductors on its own soil, not only to serve national security requirements but also equip its talent pool with the skills needed to master the entire semiconductor industry cycle. India’s goal should be to use …

Fabs: The east Asia lesson for India
2 years, 3 months ago

Fabs: The east Asia lesson for India

Live Mint  

NEW DELHI : A few days ago, the central government tweaked its ₹76,000 crore production-linked incentive scheme for semiconductors, offering fiscal support of 50% of the project cost for companies looking to set up chip manufacturing plants in India, irrespective of the chip type. FII holdings of bearish bets on indices spike Soon, pay highway toll based on size of …

Explained | A push for the semiconductor industry
2 years, 3 months ago

Explained | A push for the semiconductor industry

The Hindu  

The story so far: In a bid to make India’s $10 billion chip-making initiative more attractive to investors, the Centre on September 21, approved changes to the scheme for the development of a semiconductor and display manufacturing ecosystem in the country. In December 2021, India announced its roughly $10 billion dollar production-linked incentive scheme to encourage semiconductor and display manufacturing …

How US CHIPS Act will help India become self-reliant in semiconductor industry
2 years, 5 months ago

How US CHIPS Act will help India become self-reliant in semiconductor industry

Firstpost  

As India is setting itself up to become self-reliant in semiconductor chips, this move will complement Indian efforts in this space and further boost the Semiconductor India Programme, according to Indian experts New Delhi: US President Joe Biden on Tuesday signed a USD 280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost the …

How India’s Semiconductor Mission is Shaping Up to Compete in Global Chip Making Race
2 years, 5 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 …

Intel Unveils New Design & Engineering Centre in India
2 years, 6 months ago

Intel Unveils New Design & Engineering Centre in India

News 18  

Bengaluru, Jun 24: Intel India on Friday announced the expansion of its design and engineering footprint in India with the unveiling of a new 4.53 lakh sq. The new centre across two towers can accommodate 2,000 employees and will help advance Intel India's "cutting-edge" design and engineering work in client, data centre, IoT, graphics, artificial intelligence, and automotive segments, a …

For World to View India’s Potential as Semiconductor Powerhouse, We Need Targeted Trade Policies
2 years, 7 months ago

For World to View India’s Potential as Semiconductor Powerhouse, We Need Targeted Trade Policies

News 18  

India faces a tough task ahead: to show its commitment to building the semiconductor industry. Some policy instruments that India can look at include: The World Semiconductor Council The WSC is an international forum bringing together semiconductor leaders and technical experts to address global issues concerning the industry. This would also extend India’s access to free trade with respect to …

Why it is critical to make semiconductors in India
2 years, 8 months ago

Why it is critical to make semiconductors in India

Hindustan Times  

ENIAC, the world’s first programmable general-purpose computer, introduced in 1945, weighed an astounding 30 tonnes. Taiwan, seen by many military and geopolitical analysts to be a future theatre of great power conflict, accounts for over half the global chip supply and over 90% of the market share for the most advanced chips. The US is working on its own Chips …

On The Semiconductor Train: India's First Chip Plant to Be Built in Karnataka with ISMC's $3B Investment
2 years, 8 months ago

On The Semiconductor Train: India's First Chip Plant to Be Built in Karnataka with ISMC's $3B Investment

News 18  

The Karnataka government said at the weekend that a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor, the International Semiconductor Consortium, will invest $3 billion in the southern state to build India’s first chip manufacturing plant. The latest announcement by Karnataka state authorities implies that the government’s incentive system to turn India into a semiconductor hub …

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