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New investment plans plunge nearly 50% in Q4 2023, manufacturing hit hard with 61.5% decline
Public capital expenditure projects decreased at a quicker rate, almost 60%, while proposed private sector expenditures declined by 35%.Read more
Israel-based Tower Semiconductor revives plans for Indian Chip Plant
This development follows Intel's cancellation of its $5.4 billion acquisition plan for Tower Semiconductor in August due to regulatory challenges.Read more
Reliance Industries explores entry into Semiconductor Manufacturing
At present, the names of the foreign chip manufacturers involved in these discussions remain undisclosed. The decision to invest in semiconductor manufacturing has not been finalised.Read more