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India is looking to capitalise on the shift away from China as companies diversify their global supply chains, before the window of opportunity closes.
Cabinet approves setting up semiconductor units by Tata and Murugappa Groups in Gujarat and Assam. | Latest News India
Ashwini Vaishnaw: Vaishnaw said Prime Minister Narendra Modi signed the Memorandum of Understanding (MoU) with Micron Technology during his visit to the United States in June last year, and the construction of the company’s factory began in just 90 days in September.
Semiconductor Sector: The demand, according to her, is expected to grow in tandem with advancement in manufacturing and evolution of design functions, with multiple government schemes and foreign investments. But, Loliwala cautioned that the rising skill gap of 28% is expected to widen in the next few years within the telecom sector.
Hiranandani-group firm likely to invest Rs 2,500 crore initially for its ATMP facility