Semiconductor manufacturing marks the latest foray for billionaire Gautam Adani, whose conglomerate has businesses across ports, power utilities, transmission and coal trading
The project will have capacity to produce 80,000 wafers monthly and it will create 5,000, says Devendra Fadnavis
The proposed semiconductor manufacturing plant, located in the Navi Mumbai suburbs in Raigad district, will have an initial capacity of 40,000 WSPM in the first phase, with an ultimate capacity of 80,
Earlier today, PM Modi and Singapore PM Lawrence Wong met at the Parliament House in Singapore
Both nations elevate ties to comprehensive strategic partnership
PM Narendra Modi recently met Singapore's new Prime Minister, Lawrence Wong. They signed 4 major agreements
The nations will also work more closely together in cybersecurity, fifth-generation mobile networks, super-computing and artificial intelligence
Move comes days after firm opened first phase of fab plant in Malaysia
According to industry estimates, the Indian semiconductor market is projected to exceed $100 billion and generate over 6 lakh jobs by 2030
India will need 10-20 chip manufacturing plants over the next 10 years, Semicon India organiser Semi President and CEO Ajit Manocha said on Wednesday. Manocha said that huge interest is developing in the semiconductor ecosystem, especially in Taiwan after the success of Foxconn and Wistron in India. "I think we will need probably in the next 10 years maybe 10-20 fabs in India. This is a rough estimate," Manocha said. Semi will organise the first global conference on semiconductor ecosystem, Semicon India 2024 from September 11-13 in Noida. Manocha has over 40 years of experience in the semiconductor industry. Earlier, he served as the CEO of chip manufacturing company Global Foundries between 2011 and 2014, and as executive vice president and chief manufacturing officer at NXP Semiconductors. He also pointed out that the present government has put in place a clear policy which supports the semiconductor ecosystem in India. "For the first time, stars are aligned in favour of Indi
India's nascent semiconductor industry is also facing challenges in attracting talent back to the country after undergoing training abroad
The Union Cabinet on September 2, approved India's fifth semiconductor facility. Watch the video to know the details.
The proposed unit, with a production capacity of six million chips per day, will be setup with an investment of Rs 3,300 crore.
India's semiconductor sector, despite being home to 20-25 per cent of the global design talent, has historically lacked a significant presence in the global market
We also have agreements with technology providers who have committed to sourcing their chip requirements from India, Panicker said
One fear in Tokyo is that Beijing could react to new semiconductor controls by cutting Japan's access to critical minerals that are essential for automotive production
It will offer India the opportunity to become R&D centre to the world without losing valuable IP rights rather than frittering away capital on chip-making, for which it has no known capabilities yet
The unit will have the capacity to produce 6.3 million chips per day
The government on Monday approved a proposal of Kaynes to set up a semiconductor unit in Sanand, Gujarat with 6.3 million chips per day capacity, entailing an investment of Rs 3,307 crore. Announcing the decisions of the Union Cabinet, IT Minister Ashwini Vaishnaw noted that a complete semiconductor ecosystem is coming up in India. "Today, the Cabinet has approved Kaynes' plant, with a capacity of 6.3 million chips per day. The plant will come up in 46 acres, it is a big plant and large portion of the production will go for Kaynes Industries, it has already been booked," the minister said. The plant will also cater to chips related to the power sector. The company has already acquired land in Sanand, Gujarat for the project, and construction will start soon. The proposed investment for the unit is about Rs 3,307 crore. "Power related chips..chips used in automobiles and home appliances, will also be produced in this plant," Vaishnaw said.
Conventional chips to drive $40 billion market for Tata and others: Report