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Semiconductor Industry

Firms in 10 major manufacturing sectors to invest $81.8 billion in 2025

Firms in 10 major manufacturing sectors to invest $81.8 billion i...

Wed, Feb 12, 2025

The figure marks a 4 percent increase from the 114 trillion-won investment made in those sectors last year, according to the Ministry of Trade, Industry and Energy, reports Yonhap news agency.

L&T moves forward with acquisition of SiliConch Systems for Rs 183 crore

L&T moves forward with acquisition of SiliConch Systems for R...

Tue, Jul 09, 2024

Larsen & Toubro (L&T) announces acquisition of Bengaluru-based SiliConch Systems for Rs 183 crore, enhancing its capabilities in the fabless semiconductor sector.

PM Modi Unveils Foundation Stone for Rs 1.25 Lakh Crore Investment in Three Semiconductor Plants

PM Modi Unveils Foundation Stone for Rs 1.25 Lakh Crore Investmen...

Wed, Mar 13, 2024

Prime Minister Narendra Modi on March 13 laid the foundation stone of three semiconductor facilities in different parts of the country via video conferencing. PM Narendra Modi participated in the ‘India’s Techade: Chips for Viksit Bharat’ programme.

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WATCH | Ashwini Vaishnaw Delivers 'Special Class' on India's Semiconductor Ecosystem Development

WATCH | Ashwini Vaishnaw Delivers 'Special Class' on In...

Fri, Mar 01, 2024

Union Railway Minister Ashwini Vaishnaw explained the development of India’s semiconductor ecosystem to the officials in New Delhi. In his ‘special class’, he was seen giving lessons to the officials on his whiteboard in office.

Union Cabinet Greenlights Tata Group's Rs 91,000 Crore Semiconductor Foundry Proposal

Union Cabinet Greenlights Tata Group's Rs 91,000 Crore Semic...

Fri, Mar 01, 2024

The Union Cabinet approves incentives for Tata Group's Rs 91,000 crore semiconductor foundry, marking India's entry into commercial fab manufacturing. The move aligns with India's efforts to localize chip production and safeguard strategic interests. Additionally, two assembly, testing, marking, and packaging (ATMP) units from Tata Group and CG Power-Renesas are greenlighted, with a cumulative investment of Rs 1,26,000 crore.

Decision on semiconductor PLI application soon: MoS IT, Rajeev Chandrasekhar

Decision on semiconductor PLI application soon: MoS IT, Rajeev Ch...

Fri, Sep 22, 2023

After a long time, India is self-reliant in semiconductor, soon decision on semiconductor PLI application, meeting with industry today before decision on import ban: Rajiv Chandrashekhar, Minister of State for IT.

US-based Silicon Power to invest Rs 1,000 crore for silicon carbide plant in Odisha

US-based Silicon Power to invest Rs 1,000 crore for silicon carbi...

Fri, Jul 28, 2023

U.S.-based Silicon Power Group will invest 10 billion rupees ($121.73 million) to set up a facility in India's Odisha state to make 150 millimetre silicon carbide, a semiconductor component, the state's chief minister's office said late Thursday.

India 12 generations behind in chip manufacturing tech: Union Minister Rajeev Chandrasekhar on missed opportunities

India 12 generations behind in chip manufacturing tech: Union Min...

Thu, Jul 27, 2023

"Fairchild semiconductors, which is the precursor to Intel, came to India in 1957 for a packaging unit and we chased them away. That packaging unit went on to become Asia’s largest packaging hub in Malaysia," he said.

USD 10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar

USD 10-billion semiconductor PLI to help India do in a decade wha...

Thu, Jul 27, 2023

Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said there is "not one person in the semiconductor global ecosystem" that does not see India as "a very credible, viable and fast charging destination for semiconductor investments and innovation".

It's now or never for India to take lead in semiconductor industry: SEMI CEO

It's now or never for India to take lead in semiconductor in...

Wed, Jun 07, 2023

India has almost everything needed to have a successful semiconductor industry but it still needs to work to reestablish credibility, the head of the world's top advocacy group representing the semiconductor industry has said.

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