News on September 8th, India’s Mahara Shitra has approved a plan to invest $ 10 billion, and the Dutch wafer foundry Semiconductor and the Indian Enterprise Group GROUP have established a chip factory.However, the plan still needs to wait for the approval of the central government to obtain subsidy qualifications under the Indian government.If there is no large amount of subsidies -may be more than 50% of the cost -the project may be stagnant.Nagpur Stock
Tower Semiconductor’s main foundry simulation, hybrid signals and power devices have been trying to establish engineering in India since 2017, but the chronic chronic nature of Indian bureaucracy has made the company frustrated.The previous plan was to build an analog and hybrid signal called the Indian Semiconductor Manufacturing Corporation (ISMC) in Kochanahahalli Industrial Zone in Kanatica, but the plan seemed to fail due to the lack of Indian industry companies in the consortium.Ahmedabad Wealth Management
The proposal of Adani and TOWER is to build a wafer plant in Panvel in the RAIGAD District of Mahara Shira Sterat.It will be divided into two stages, creating a module at each stage, and the manufacturing capacity is 40,000 chips per month.
The first stage will invest 587 billion rupees (about 7 billion US dollars), and the second stage will invest 251 billion rupees (about 3 billion US dollars), so it will total 839 billion rupees (about $ 10 billion).Hyderabad Stocks
The latest plan was proposed by the joint venture of Foxconn, India, to withdraw from the mining petroleum group Vedanta, one year later, the joint venture is currently bidding for the establishment of a wafer plant in Gujarat.Agra Investment
It is worth mentioning that in March 2024, Indian Prime Minister Narendra Modi helped Tata Electronics and India PSMC’s joint venture wafer factory in Gejelera and chip packaging in Jagiroad, Assam,Factory foundation.Kanpur Stock
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