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Cabinet sub-committee approves Rs 1.17 trillion for semiconductor & EV projects
The project, divided into two phases, will see an investment of Rs 849.47 billion, with Rs 587.63 billion allocated for the first phase and Rs 251.84 billion for the second.Read more
Israel's Tower Semiconductor proposes $8 bn chip plant in India
The company aims to produce 65 nanometre and 40 nanometre chips, applicable in various sectors such as automotive and wearable electronics.Read more
Israeli chipmaker Tower Semiconductor explores Indian fabrication facility
Chief executive officer Russell C Ellwanger and other senior executives from the Israeli chipmaker recently met officials at the ministry of electronics and information technology (MeitY) and the India Semiconductor Mission.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
Intel and Tower Semiconductor forge new partnership after failed acquisition
Tower Semiconductor will invest up to $300 million to acquire equipment and other assets that will be stationed within Intel's manufacturing facility in New Mexico, USA, operated by Intel Foundry Services.Read more
