Fri, Mar 01, 2024
The Union Cabinet approves incentives for Tata Group's Rs 91,000 crore semiconductor foundry, marking India's entry into commercial fab manufacturing. The move aligns with India's efforts to localize chip production and safeguard strategic interests. Additionally, two assembly, testing, marking, and packaging (ATMP) units from Tata Group and CG Power-Renesas are greenlighted, with a cumulative investment of Rs 1,26,000 crore.
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Wed, Oct 04, 2023
Texas-based Krypton Solutions is likely to invest USD 100 million (Rs 832 crore) to set up a Printed Circuit Board fabrication unit in Karnataka, while semiconductor manufacturing company Texas Instruments has affirmed its commitment to R&D expansion in the state.
Fri, Sep 22, 2023
After a long time, India is self-reliant in semiconductor, soon decision on semiconductor PLI application, meeting with industry today before decision on import ban: Rajiv Chandrashekhar, Minister of State for IT.
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