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The Chennai-based firm also seeks to raise debt to fund a $5 billion expansion plan to establish itself as an end-to-end semiconductor manufacturing entity.

Electronics Manufacturing: The scheme for setting up a semiconductor fab or electronic chip plant in India has been allocated Rs 1,500 crore, Mohali-based semiconductor laboratory Rs 900 crore, design linked incentive scheme Rs 200 crore.

The budget strives to ensure that deficits and debt are on a sustainable path and at the same time achieve a sensible balance between persistent tending to the recovery and shoring up fiscal health

The response to Finance Minister Nirmala Sitharamans interim budget has highlighted the absence of populist measures and a commitment to a five-year fiscal consolidation plan. Despite facing challenges such as the pandemic, energy, and food price shocks, the government has maintained fiscal rectitude. The budget signals a shift towards private and corporate spending to support the economy, with a focus on manufacturing, geographical inclusivity, and urban development. The governments strategy fo...

Taiwanese electronics giant Foxconn is partnering with Indian technology company HCL Group to build a semiconductor assembly and testing plant in India.

While in Gujarat’s Sanand, Micron’s ATMP plant is taking shape, the Odisha government late last year announced that the government has entered into agreements with three entities to establish a semiconductor manufacturing ecosystem

MeiTY Secretary happy with response to PLI 2.0 scheme for semiconductor making, 58 registrations received.

India and Thailand have engaged in a full-fledged race for semiconductor--manufacturing investment to win a spot on Asias chipmaking map.

Prime Minister Narendra Modi addressed the nation from the Red Fort in New Delhi on the auspicious occasion of the 77th Independence Day. He highlighted India's remarkable achievements and the transformative changes in its technological landscape over the past decade. Modi also underscored the significance of a digitally empowered India. During his speech, PM emphasized…

India and Thailand are in full-fledged competition for semiconductor manufacturing investment in order to gain a position on Asia's chipmaking map.