Semiconductor

Foxconn-HCL joint venture secures land for semiconductor plant in Noida

The proposed project could be a significant milestone for the state, as it would be the first OSAT unit to be established in Uttar Pradesh, pending approval from the central government

Tata electronics, TCS to develop India's first domestic chips by 2026

Tata Electronics plans to launch its first chips from the Assam facility by late 2025 or early 2026, targeting sectors like automotive, electronics, power, consumer goods, and healthcare

India targets $500 bn electronics sector, right time to be here: Modi

Today's age is an age of silicon diplomacy, said the Prime Minister

UP to clear investment proposal worth Rs 10 trn, offer 25% sops: Adityanath

The Uttar Pradesh government will soon organise the groundbreaking ceremony of investment proposals worth Rs 10 lakh crore, Chief Minister Yogi Adityanath said on Wednesday. Inviting the semiconductor industry to invest in the state, the chief minister highlighted that Uttar Pradesh offers incentives such as land subsidies and capital subsidies of 25 per cent for chip units under a policy. Together with the Centre's incentives of 50 per cent, chip units can get subsidies of up to 75 per cent for investment proposals, the chief minister stated. Addressing the international conference on semiconductors, Semicon India, Adityanath said that the state under his government has attracted huge investment proposals from the industry. He recalled that a team which was preparing for an investor summit in the state earlier told him that investment proposals worth Rs 20,000 crore would come in UP. "Same Uttar Pradesh after seven years has brought investment proposals worth Rs 40 lakh crore. Ou

Lam Research expands virtual semiconductor training to 20 Indian varsities

The virtual semiconductor training programme aims to train more than 60000 students over next decade

PM Modi inaugurates SEMICON India 2024: Key highlights

Centre to get Semicon 2.0 policy in place in next 3-4 months: Vaishnaw

Vaishnaw also said that under Semicon 2.0, an equal focus will be on ecosystem partners, equipment manufacturing, fabs, ATMPs, and other segments of the overall semiconductor ecosystem

NXP Semiconductors to invest over $1 bn in India as it boosts R&D efforts

Chipmaking is still at nascent stage in India, but is crucial element of its economic strategy, with $10 bn incentive package allocated to bolster efforts to rival global chipmakers like Taiwan

Watch: PM Modi attends inauguration of SEMICON India 2024

Govt to get Semicon 2.0 policy in place in 3-4 months: Ashwini Vaishnaw

The government has started working on the second phase of the semiconductor policy, Semicon 2.0, which is expected to be in place in 3-4 months, Union Minister Ashwini Vaishnaw said on Wednesday. Speaking at SEMICON India 2024, the minister said 3-4 states have attracted semiconductor investments, and one unit will soon come up in Uttar Pradesh. "We are now at a stage when first stage of semicon project is completed. Now we are formulating Semicon 2.0 which will be an expanded form of Semicon 1.0. It will take us 3-4 months to put it in place," Vaishnaw said.

L&T joins semiconductor race, to create chip firm and invest over $300 mn

The tech-to-construction company will spend the money over three years to establish a fabless chipmaker, which designs and sells semiconductors but contracts out their production

TSMC revenue increases by 33% in August as AI chip demand holds up

Taiwan's largest company now makes more than half of its revenue from high-performance computing, the segment of its business driven by AI demand

India capable to be trusted partner in semiconductor supply chain: PM Modi

Asserting that democracy and technology together can ensure the welfare of humanity, Prime Minister Narendra Modi on Tuesday said India has the capability to become a trusted partner in a diversified semiconductor supply chain and assured that the government will follow a predictable and stable policy regime. Prime Minister Modi stated this while chairing the Semiconductor Executives' Roundtable at his residence at 7, Lok Kalyan Marg. During the meeting, he said that their ideas will not only shape their business but also India's future, a statement issued by the Prime Minister's Office said. Stressing that the coming time will be technology-driven, Modi said semiconductor is the basis of the digital age and the day is not far when the semiconductor industry will be the bedrock for even basic necessities. Prime Minister Modi emphasised that democracy and technology together can ensure the welfare of humanity and India is moving ahead on this path recognising its global responsibilit

No funding issue for semicon projects, committed Rs 62K cr incentive: Meity

The government has committed about Rs 62,000 crore in incentives for electronic plants and there is no issue in funding semiconductor projects, Electronics and IT Secretary S Krishnan has said. He told PTI that out of Rs 76,000 crore approved earlier, the government still has scope to accommodate small projects and will approach authorities when there are new projects in place. "Out of the Rs 76,000 crore intended for the semiconductor mission, we have committed about Rs 62,000 crore, including the last scheme which was cleared for Kaynes. As of now, wherever claims have come up, we are settling them with maximum dispatch, and there is no funding issue right now at all," Krishnan said. The government has approved five semiconductor projects entailing investments of around Rs 1.52 lakh crore or about USD 18 billion. He said that some funding is required for the Semiconductor Laboratory's modernization in Mohali. "We still have some funds to take up some smaller projects and approv

Tata Electronics, ASMPT sign pact for semiconductor equipment infra

Tata Electronics has signed a pact with ASMPT Singapore for establishing semiconductor assembly equipment infrastructure and solutions for its chip packaging units in Assam and Karnataka. ASMPT will collaborate with Tata Electronics for workforce training, advancing service engineering infrastructure, automation, spare supports and boosting R&D initiatives in the area of wirebond, flip chip, advanced packaging and integrated system packaging. "In a significant step towards accelerating its readiness for its semiconductor assembly and test facilities in Vemagal, Karnataka and Jagiroad, Assam, Tata Electronics signs a Memorandum of Understanding (MOU) with ASMPT Singapore to collaborate on establishing semiconductor assembly equipment infrastructure and solutions," Tata Electronics said in a statement on Tuesday. Tata Electronics is setting up a chip assembly plant in Assam with an investment of Rs 27,000 crore which is expected to become operational next year. It also has a small ..

India prepares new semiconductor incentives as US partnership takes shape

Officials said that although a specific incentive value has not yet been finalised, the package would also include incentives for components, which is a new addition

Tata Electronics signs MoU with Tokyo Electron to buy semicon equipment

Tata Electronics has signed a memorandum of understanding with Tokyo Electron to buy equipment and services for its under-construction chip units in Gujarat and Assam. Under the agreement, Tata Electronics and TEL will also focus on training Tata Electronics' workforce on TEL equipment and supporting ongoing improvement and research and development initiatives. "Tata Electronics...signed a memorandum of understanding with Tokyo Electron Limited (TEL), a leading global supplier of semiconductor equipment and services. The two companies will collaborate to accelerate semiconductor equipment infrastructure for India's first Fab being built by Tata Electronics in Dholera, Gujarat, and for its assembly and test facility in Jagiroad, Assam," Tata Electronics said on Monday. Tata Electronics is building India's first Fab in Dholera, Gujarat, with a total investment of Rs 91,000 crore and assembly and testing of semiconductor chips with investment of Rs 27,000 crores in Jagiroad, ...

Aspiring for 10 semiconductor manufacturing plants in 10 yrs: ISM CEO

India aspires to have 10 semiconductor manufacturing plants in 10 years but the nature of support from the government may vary based on the development in the industry, a top official of the India Semiconductor Mission said on Monday. While speaking at a joint presser of mobile devices industry body ICEA and Semicon India organiser Semi, Akash Tripathi said while setting up Indian Semiconductor Mission (ISM), it was envisioned to get two or three semiconductor manufacturing plants, two or three display fabs and various compound semiconductors. "We will always be engaged with the industry but the nature of engagements may differ. 10 years down the line there will be projects that will be operational, producing semiconductors, the ecosystem will be developed, then things will be different. Aspiration-wise, we would like to have 10 fabs," Tripathi said. The government has received 20 proposals for setting up semiconductor units including the chip packaging plants. Tripathi said that a

US partners with India Semiconductor Mission to expand global ecosystem

Signed into law in August 2022, the US' CHIPS Act provides $500 million over five years to promote the development of secure and trusted semiconductor supply chains

Tower-Adani Group fab proposal at appraisal stage under ISM: Meity

The proposal, however, is yet to be approved by the Ministry of Electronics and Information Technology (Meity) under the India Semiconductor Mission (ISM)