🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
India approves $15B in semiconductor plant investments
TechCrunch
·
1y ago
Medial
India has approved a $15.2 billion investment to build three semiconductor plants, including its first semiconductor fab facility, in an effort to compete with China and Taiwan in the chip race. The plants will focus on general-purpose applications rather than AI chips. The first fab facility will be set up by Tata Group and Taiwan's Power Chip in Gujarat. The government has also approved an investment in a semiconductor assembly unit in Assam and a specialized chip facility in Gujarat. These investments aim to boost India's domestic semiconductor sector and generate employment opportunities.
View Source
Related News
Cabinet approves Rs 3,706 Cr HCL-Foxconn display chip plant to be set up in UP
YourStory
·
2m ago
Medial
The Union Cabinet approved a Rs 3,706 crore semiconductor plant in Jewar, Uttar Pradesh, by the HCL-Foxconn joint venture, to produce display driver chips for devices like mobile phones and laptops. The plant will process 20,000 wafers monthly, generating 3.6 crore chips. Expected to be operational by 2027, it aims to create 2,000 jobs and bolster India's electronics manufacturing, potentially leading to further investments in display panel production.
View Source
India begins chip journey in just 15 months: MoS IT Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
In just 15 months, India has made significant progress in the semiconductor industry, with the construction of its first-ever semiconductor plant and the operation of 8 chip designing startups. Rajeev Chandrasekhar, Union Minister of State for Electronics and IT, stated that the opportunities in semiconductor manufacturing in India are immense, and investments will go to states that create an enabling environment and infrastructure. The government aims for India to become a semiconductor nation, following the success of mobile manufacturing in the country. The first India-made chip from the Micron plant is expected in December 2024.
View Source
India’s first semiconductor fab to begin production in 2026
Livemint
·
1y ago
Medial
Tata Group plans to start commercial production at India's first semiconductor fabrication unit, located in Assam, by 2026. The plant, operated by Tata Electronics, aims to produce semiconductor chips starting at 28 nanometers and will serve various sectors including automotive, power, electronics, consumer, and medical. Another semiconductor fabrication plant is also being developed in Dholera, Gujarat by Tata Electronics in partnership with Powerchip Semiconductor Manufacturing Corp. The goal is to establish India as a semiconductor nation and reduce dependency on international supply chains. The projects are expected to create over 50,000 jobs and attract significant investments.
View Source
Chip(per) ambitions: Why India needs its wafer fabs
Livemint
·
1y ago
Medial
India is aiming for self-reliance in semiconductor manufacturing by establishing its first indigenous semiconductor fabrication unit in 2026. The Tata unit is set to produce chips from scratch, while US-based Micron Technology's plant will handle packaging and testing. The move comes as the pandemic highlighted India's dependency on global supply chains for chips. Despite facing challenges posed by other advanced semiconductor-producing nations, India is making significant investments in the sector and expects its semiconductor manufacturing capacity to reach 1.8 lakh wafers per month. This push for self-reliance is crucial for national security and economic prosperity.
View Source
Tata to announce semiconductor unit 'soon', says Chairman N Chandrasekaran
Livemint
·
1y ago
Medial
Indian conglomerate Tata Sons is planning to announce a substantial investment in a semiconductor chip fab in the near future. The chairman, N Chandrasekaran, mentioned the conglomerate's forward-looking approach and its investments in Air India and the electronics and semiconductor sector. Details about the semiconductor manufacturing facility were not disclosed. There are reports that Tata Group is considering partnerships with Taiwanese chipmakers for the proposed chip fabrication plant in Gujarat. Chandrasekaran highlighted the group's commitment to advancing semiconductor technology and India's advantageous position to capitalise on changes in the supply chain and advanced manufacturing.
View Source
Tata's Assam Semiconductor Plant To Be Ready By Mid-2025
Inc42
·
1y ago
Medial
Tata Electronics is planning to invest INR 27,000 crore to set up a semiconductor chip manufacturing plant in Assam, India. The project is expected to generate over 27,000 direct and indirect employment opportunities in the region. Around 85,000 individuals are currently undergoing training in semiconductor chip design at various academic institutions across the country. The proposed Assam plant aims to have a production capacity of 4.83 crore semiconductor chips per day.
View Source
Union Cabinet Approves India’s Sixth Chip Unit Worth Rs 3,700 cr
OutlookIndia
·
2m ago
Medial
The Indian Union Cabinet approved the establishment of a sixth semiconductor unit under the India Semiconductor Mission, valued at Rs 3,700 crore. A joint venture between HCL and Foxconn will build it near Jewar airport, producing display driver chips for various electronic devices. This development marks a strategic milestone in India's semiconductor industry, enhancing its capability and aligning with the "Make in India" initiative, as demand for such chips is expected to grow significantly.
View Source
India set to be a big semicon player in 10 years: union minister Amit Shah
Economic Times
·
10m ago
Medial
India's home minister, Amit Shah, predicts that India will emerge as a significant player in the semiconductor market within the next decade. He highlighted the upcoming semiconductor chip manufacturing plant in Sanand, Gujarat, being built by US chip maker Micron. The plant is part of India's Semiconductor Mission, aiming to develop a domestic chip industry. The government has also approved the establishment of a unit by Kaynes Semiconductor. Shah also mentioned India's Digital India initiatives and the steps taken to support startups and innovation, including the abolition of the angel tax. Additionally, he highlighted the country's efforts in the space sector and plans to train cyber commandos.
View Source
New semiconductor equipment unit to go on stream on Monday, first contract worth $2.3 million signed
Economic Times
·
6m ago
Medial
UHP Technologies is set to launch a semiconductor equipment manufacturing plant near Bengaluru airport, with an initial investment of Rs 20 crore. Its subsidiary, KASFAB Tools, aims to boost India’s presence in the $25 billion global semiconductor contract manufacturing market. The company secured a $2.3 million contract with a US firm and is expanding operations with planned investments and additional plants. The initiative aligns with India's growing semiconductor ecosystem supported by government programs.
View Source
India to get first national security semiconductor fabrication plant in collaboration with US
YourStory
·
10m ago
Medial
India will establish its first-ever national security semiconductor fabrication plant through a collaboration with the United States. The project was announced following talks between Prime Minister Narendra Modi and US President Joe Biden. The semiconductor plant, named 'Shakti', will produce chips for military hardware and critical telecommunication networks. It will focus on advanced sensing, advanced communications, and high voltage power electronics. The partnership is considered a landmark moment in the India-US relationship, with the US military agreeing to partner with India for these high-value technologies. The project aims to enhance resilient and sustainable semiconductor supply chains.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
