Stars Microelectronics News Today

Companies like HCLTech, Tata Elxsi, Moschip Technologies, ASM Technologies, SPEL Semiconductor, RIR Power Electronics, and CG Power have some amount of exposure in the domestic semiconductor space, which, as per studies, is estimated to grow at 19 percent CAGR

For the whole year, the standalone PAT was 28 percent at Rs 1,004 crore compared to Rs 785 crore in FY 23.

The estimated investment in the project over five years is Rs 7,600 crore and the same is expected to be funded by a combination of government subsidies, equity contribution and potential bank borrowings as required, the company said.

Budget For Semiconductors: “The new package would be one of the key agendas for the new govt and will be taken up on a priority basis,” one of the sources said, pointing out that new proposals that are coming in for semiconductors necessitate a fresh package.

The 76,000-crore incentive package was launched in December 2021 to support companies making semiconductors and investing in them. That amount has been nearly exhausted, necessitating a fresh boost for Indias big chip plan. And indications are that the coming plan will likely be much bigger in scale.

Budget For Semiconductors: India, which had previously failed to get any credible proposals for semiconductor manufacturing after trying for decades, finally managed to score big after American Micron emerged as the first major player to enter the space with a INR 22,500-crore testing and packaging unit in Gujarat in June last year.

India Business News: NEW DELHI: Government is looking at rolling out a fresh multi-billion-dollar incentive package for semiconductor companies after nearly exhausting the.

Sharp is currently exploring potential locations for the manufacturing setup and has been in talks with state governments in Telangana, Gujarat, and Maharashtra. The company has also expressed its intention to establish the factory in India as a global manufacturing hub, serving key markets worldwide.

Notably, Sharp is planning to set up a 1,000-acres facility in India which will be even bigger than its factory back home in Japan. Sharp want to use the Indian factory to cater to both domestic demand but exports.

India Business News: India is headed to bag investments for the country’s first display fab semiconductor unit – used for making televisions and other digital screens – wi