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Chips from SCL, which is the only unit in the country to manufacture chips, have gone into previous space missions, however, the nodes are very old and need to be updated with the latest in modern technology.
Talk about a growth story! Online stock broking platform Groww is all set to pip market leader Zerodha in terms of active investors next month. While Zerodha took almost a decade to achieve leadership status, Groww did it in just three years, having started in 2020. This and more in todays ETtech Morning Dispatch.
The government has invited bids from Indian and global companies with technological and operational expertise to modernise the Semiconductor Lab in Mohali. The bids can be submitted till October 21.
According to the proposal, the Ministry of Electronics and Information Technology intends to revamp the semiconductor lab by turning it into a center of excellence for research and development, converting it into a large-scale manufacturing facility, or a combination of these two options, as stated in a bid document from the IT ministry.
Semiconductor Lab: SCL will continue to fulfil the semiconductor chip demand of government agencies such as the Indian Space Research Organisation, as it does currently, the IT ministry said.