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Budget Chip Manufacturing Outlay: There is "clarity in policy and increase of trust in India," union electronics and information technology minister Ashwini Vaishnaw said, responding to a question from ET. " Companies want to set up mega-manufacturing clusters in India. People have huge confidence in India, and we will see more announcements very soon," he said.
The state-owned Semiconductor Laboratory in Mohali is the only chip manufacturing unit in India that produces semiconductors for strategic and defence purposes, including for space exploration such as the Chandrayaan mission. However, the facility that was founded in 1976, has lagged behind private companies in terms of production as well as technology over the years.
Semiconductor Laboratory Mohali Revamp: The state-owned Semiconductor Laboratory in Mohali is the only chip manufacturing unit in India that produces semiconductors for strategic and defence purposes, including for space exploration such as the Chandrayaan mission. However, the facility that was founded in 1976, has lagged behind private companies in terms of production as well as technology over the years.
Teva led the market today with strong gains after reporting Q4 results but NICE Systems fell sharply.
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