semiconductors

Vedanta’s $5 Billion Made-in-India Chip Likely to Be Ready in 2.5 Years

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[ad_1] Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years. Vedanta is talking to … Read more

Chip Firms to Get 50 Percent Financial Assistance for Setting Up India Unit

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[ad_1] Technology firms will be given 50 percent financial assistance for setting up semiconductor manufacturing facility the country, Prime Minister Narendra Modi said on Friday, as he announced that his government has rolled out the red carpet for semiconductor industries. Speaking after inaugurating Semicon India 2023 conference in Gandhinagar, PM Modi said India is establishing … Read more

Foxconn May Partner With TSMC, TMH to Set Up Fabrication Units in India

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[ad_1] Foxconn is in talks with Taiwan Semiconductor Manufacturing Company (TSMC) and Japan’s TMH Group for technology and joint venture partnerships to start semiconductor fabrication units in India, the Economic Times reported on Friday. Meanwhile, the Gujarat government is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after … Read more