Shares of SPEL Semiconductor were locked in the upper circuit, up 10% on the BSE in Thursday's intra-day trade.
Chief Minister Mohan Charan Majhi on Wednesday said that Odisha has signed MoUs worth Rs 2,655 crore with major firms for setting up their semiconductor units in the state. The state government signed the MoUs with big names in the industry at the SEMICON India 2025 Conclave in New Delhi. "I had the privilege to inaugurate the Odisha Pavilion, where we signed MoUs worth 2,655 crore with TopTrack Hi-Tech PCB Pvt Ltd (Rs 1,005 crore) and @SancodeTech in technological partnership with Silicon Connect, Inari Amertron Berhad & APIRC Penang (Rs 1,650 crore), while engaging with global majors like Intel, Micron, Western Digital, Renesas, and Siemens," Majhi said in a post on X. Stating that Odisha showcased its vision to emerge as India's next powerhouse in semiconductors and advanced electronics at the conclave in New Delhi, the chief minister said that the engagements with big names in the sector mark a decisive step in positioning the state as a preferred global destination for the ...
Industry leaders say incentives, procurement, and talent ecosystem are key to driving India's semiconductor and product ambitions.
While India hails its first made-in-India space chip, global peers work on building 64-bit processors and even chips with built-in AI support
PE/VC funds pledge $1 billion, but average deal sizes remain below industry needs
Industry leaders at Semicon India 2025 said India's semiconductor sector faces hurdles including infra gaps, shortage of fab-specific talent and supply chain vulnerabilities
PM Modi said India's semiconductor journey is accelerating, with 10 projects approved under ISM and new reforms planned to make the country a full-stack semiconductor nation
At Semicon India 2025, industry leaders said AI is reshaping semiconductors by enabling predictive maintenance, boosting efficiency and driving innovation in smart devices
India has taken a historic leap in its semiconductor journey. At the Semicon India 2025 conference in New Delhi.
The second version of India Semiconductor Mission 2.0 will provide support not just for chip manufacturing projects but also to the ecosystem partners who play key roles in their production, Union Minister Ashwini Vaishnaw said on Tuesday. While speaking to the media at Semicon India 2025, Vaishnaw said that a significant portion of the incentives will be earmarked for product development. "Getting ecosystem partners into the country is very important because that is the way to sustainably grow. "All the sectors need to be covered. We will continue that same approach and will give a lot of support to equipment manufacturers, material manufacturers and all other ecosystem partners. That will be a significant part of our journey," the minister said in response to a question on the next version of the India Semicon Programme. Under the first edition of India Semiconductor Mission, the government had approved an incentive of Rs 76,000 crore, comprising Rs 65,000 crore in incentives for
Union Minister Ashwini Vaishnaw on Tuesday called India a "lighthouse of stability and growth" amid turbulent global times, and urged global industry leaders to invest in the nation's rapidly expanding semiconductor ecosystem. Speaking at Semicon India 2025, Electronics and IT Minister Vaishnaw highlighted the significant progress made by India in three and a half years since the launch of the India Semiconductor Mission. "In a short span of three and a half years, we have the world looking at India with confidence. Today, construction of five semiconductor units is going on at a rapid pace. Pilot line of one unit is completedtwo more units will start production in a few months from now. "We are living in unprecedented times. Global policy turmoil has created huge uncertainty. In these turbulent times, India stands as a lighthouse of stability and growth," the minister said. Urging global investors to invest in India, Vaishnaw highlighted the nation's stable policy environment and
What is the Vikram 32-bit Processor: India unveiled the Vikram 3201, its first indigenous 32-bit processor for rockets and satellites, at Semicon India 2025. Built by Isro and SCL Chandigarh
At Semicon India 2025, PM Modi said the world trusts India to build the semiconductor future, highlighting reforms, incentives, and youth talent powering the $1 trillion chip market
Union IT minister Ashwini Vaishnaw urged companies to invest in India's semiconductor ecosystem, citing the country's stable policy, vibrant startup ecosystem, huge demand and growing talent pool
Prime Minister Modi will open the second Semicon India event on Tuesday, where global leaders will attend as the government prepares for the next phase of its semiconductor mission
L&T Semiconductor Technologies may enter China by FY27, outsourcing chip production to local fabs, as it targets $1 billion revenue and weighs IPO plans after $500 million milestone
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The latest funding marks the largest fundraise for a semiconductor engineering services company in India, the company said
Trump administration's move would revise what's known as the validated end user, or VEU, rules, handicapping the ability to make chips in China and jeopardizing it's access to certain technologies