Business Standard

Next Orbit Ventures Fund forms consortium to manufacture analog chips

Next Orbit Ventures Fund has stitched together a consortium to invest $3 billion to manufacture analog chips in Dholera in Gujarat


Surajeet Das Gupta New Delhi
Next Orbit Ventures Fund, a multi-asset fund management company, has stitched together a consortium, which includes global wafer foundries, Indian corporate houses, and some Navaratna public sector undertakings, to invest $3 billion to manufacture analog chips in Dholera in Gujarat.

In the fullness of time, the Mumbai-based fund will invest $15 billion. This will include two other ventures, which will be separate companies: one to manufacture digital chips in a technology tie-up with the fourth largest foundry in the world in Taiwan and the other to manufacture memory chips with which the fund has an understanding with the second largest IDM

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 21 2022 | 6:05 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to