Tata Group is planning to set up a semiconductor processing plant in Assam at an investment of about Rs 40,000 crore, Chief Minister Himanta Biswa Sarma said on Friday. Addressing a function here, he said it has approached the Centre for the final nod after discussions with the state government, and the go-ahead is expected soon. "There is a very good news for us. Tata Electronics Ltd has submitted an application for setting up an electronic centre at Jagiroad," Sarma said. "They have submitted a proposal to the Government of India with an outlay of about Rs 40,000 crore," he added. Jagiroad, in Morigaon district, is about 55 km from the state's largest city Guwahati. Sarma said the Tata Group held initial talks with the state government about the semiconductor assembly and packaging plant, and satisfied with the discussions here, they have approached the Centre. "If all goes well, we will see a major investment in the state which will create a positive environment for ...
The market size for global semiconductor memory was valued at $104.58 billion in 2022 and the worldwide semiconductor memory market is expected to touch $201.91 billion by 2032
India's semiconductor market is expected to touch $64 billion by 2026, almost three times its size of $22.7 billion in 2019, according to Counterpoint Research and IESA
It would also provide investors an opportunity to bet on a sector that's added trillions of dollars in stock values globally this year, but has been largely absent from India's $3.7 trn equity market
Global exhibitor Messe Munchen's Indian arm on Friday announced its collaboration with industry body SEMI to organise the next edition of Semicon India in 2024. It is an annual conference and exhibition of electronics and semiconductors. SEMI is a global industry association that connects more than 3,000 member companies and 1.3 million professionals worldwide to promote the technology and business of electronics design and manufacturing. According to a statement, Messe Munchen India -- the Indian subsidiary of one of the biggest Global exhibitors Messe Munchen GmbH and a leading organiser of trade fairs -- and SEMI have officially inked the agreement. The next edition of Semicon India will be held in September 2024. The collaboration comes in the wake of the earlier announcements by the India Semiconductor Mission (ISM) at the Semicon India 2023 in Gandhinagar. Messe Muenchen India CEO Bhupinder Singh said, "India's demand for semiconductors is valued at USD 24 billion today, an
The companies may use the technologies to serve both domestic and global markets
We will lean in to invest in India once the fabs and OSAT plants are set up in the country, says the San Diego, US-based semiconductor giant
PM Modi said that the need of the hour is to take forward the success in mobile and electronics and establish a strong semiconductor manufacturing sector in India
Asia's largest technology event, the India Mobile Congress (IMC), will take place on October 27, 2023. PM Narendra Modi has inaugurated the event, which is being held in Pragati Maidan, New Delhi
It added that the chip shortage is easing but the demand-supply dynamics are expected to be more balanced by 2025-26
Japanese government-backed semiconductor venture Rapidus is likely to be a major element of the new partnership
The MoC envisages improved collaboration leading to employment opportunities in the field of Information technology (IT)
An Electronics and IT ministry-backed expert panel has recommended setting up a semiconductor research centre with an initial investment of around USD 8 billion (about Rs 66,500 crore) over the next five years. The panel on Friday submitted its report to Minister of State for Electronics and IT Rajeev Chandrasekhar who said that the proposed institution is expected to start taking shape next year. The minister said that Prime Minister Narendra Modi's vision is that Indians should be involved in the leadership of semiconductor research. "A group of top minds in semiconductors around the world and country have sat together to design the Bharat Semiconductor Research Centre," Chandrasekhar told PTI. He said that the proposed Bharat Semiconductor Research Centre will be a global institution in semiconductor research. "The design, area in which it should focus etc. have all been today authored and put in a high-quality report by the experts. I'm hopeful that in the year 2024, we should
The Minister affirmed that the Bharat Semiconductor Research Centre will become one of the leading semiconductor research institutes in the next four to five years across the world
Ministry of Electronics and IT will start setting up Bharat Semicoductor Research Centre from next year in collaboration with the industry and academia, minister of state Rajeev Chandrasekhar said on Friday. The minister said that Prime Minister Narendra Modi's vision is that Indians should be involved in the leadership of semicoductor research. "A group of top minds in semicoductor around the world and country have sat together to design the Bharat Semicoductor Research Centre," Chandrasekhar told PTI after the experts' panel submitted its report. He said that the proposed Bharat Semicoductor Research Centre will be a global institution in semicoductor research. "The design, area in which it should focus etc. have all been today authored and put in a high quality report by the experts. I'm hopeful that in the year 2024, we should have the beginning of this institution taking shape," Chandrasekhar said. He said that Bharat Semicoductor Research Centre will become one of the leadin
China vigorously protested Wednesday the US Commerce Department's latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them. The revisions to the US rules were announced Tuesday, roughly a year after the export controls were first launched to counter the use of the chips for military applications that include the development of hypersonic missiles and artificial intelligence. China's Commerce Ministry said the controls were improper and urged that Washington lift them as soon as possible. It said that since the semiconductor industry is highly globalised, the restrictions on chips used for artificial intelligence and other advanced applications were hindering normal trade and economic activities. They violate international trade rules and seriously threaten the stability of industrial supply chains, it said according to a transcript of a briefing on the ministry's website. US semiconductor companies have suffered huge lo
The latest regulations also restrict exports to two Chinese artificial-intelligence chip firms that are seen as rivals to US-based Nvidia
With 250+ global and domestic exhibitors, the 7th edition of the event is expected to draw more than 1 lakh visitors this year
The country's first electronic chip manufacturing plant is expected to be in place within a year, according to Union Telecom and IT Minister Aswhini Vaishnaw. The government has initially earmarked USD 10 billion incentive for setting up a semiconductor manufacturing ecosystem in the country including a wafer fabrication plant. The wafer fabrication plants are the first building block of physical chips that are used in all high-tech electronic products. "We are focussing on some niche area where we can take global leadership. Telecom and EV (electric vehicles) have emerged as a big segment for semiconductors. If we focus on developing and manufacturing chips used in these segments then we can become global leaders in these two segments," Vaishnaw told PTI in an interview. He said the work is being done with a focus on these emerging areas. "We should have some good success in the coming months. It will be fab (wafer fabrication), design, manufacturing, complete (ecosystem)," Vaishn
Canon's machinery may also add a new front in the US-China trade war, as the import of EUV machines into China is prohibited by trade sanctions