Key Points
The government expects to approve up to two applications this year to start building electronic chip manufacturing plants in the country, minister of state for electronics and IT Rajeev Chandrasekhar said on Friday..
While speaking on the sidelines of the SemiconIndia Future Design Conference, the minister told PTI that the current situation of slowdown in the electronic chip business will not have any impact on India's semiconductor programme as the impact is cyclical in nature but the programme has been conceived with long-term vision...
Vedanta Foxconn JV, IGSS Ventures and ISMC propose to set up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 billion from the Centre under the Rs 76,000 crore Semicon India Programme...
A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has finalised the Dholera Special Investment Region near Ahmedabad city of Gujarat for setting up their semiconductor and display manufacturing facility...
The minister also announced the launch of the ChipIN Centre at C-DAC India, Bangalore which will act as one-stop centre to provide semiconductor design tools, fab access, virtual prototyping Hw lab access to fabless chip designers of the country...
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