🚀 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
Semiconductor units will strengthen India's transformative journey for tech self-reliance: PM Modi
Economic Times
·
1y ago
Medial
Prime Minister Narendra Modi has announced that the upcoming semiconductor units in India will contribute to the country's journey towards technological self-reliance. The government has approved proposals to establish three semiconductor plants, including a mega fab by Tata Group, with a combined investment of Rs 1.26 lakh crore. The move aims to position India as a global leader in chip manufacturing. Incentives of up to Rs 76,000 crore are being offered to boost domestic semiconductor manufacturing, which is crucial for electronic devices in various sectors. Construction of the approved units is expected to commence within the next 100 days.
View Source
Related News
Semiconductor Fabs Will Boost India’s Tech Self-Reliance: Modi
Inc42
·
1y ago
Medial
The Indian government has approved the establishment of three semiconductor plants, including a mega fab by Tata Group, with a total investment of INR 1.26 lakh crore. Prime Minister Narendra Modi stated that these units will enhance India's journey to technological self-reliance and position the country as a global hub in semiconductor manufacturing. The Tata Group will partner with Taiwan's Powerchip Semiconductor Manufacturing Corp to set up a semiconductor fab in Gujarat. Two other semiconductor proposals by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) and CG Power-Renesas have also been approved. Additionally, Samsung has unveiled a new semiconductor research and development facility in Bengaluru.
View Source
'Tata's Gujarat semi-conductor unit to create 50,000 jobs': Chandrasekaran to PM Modi from Dholera
Economic Times
·
1y ago
Medial
Prime Minister Narendra Modi has taken a significant step towards advancing India's semiconductor industry by virtually laying the foundation of three semiconductor fabrication facilities. The facilities are set to be established in Gujarat and Assam, with two in Gujarat and one in Assam. This move is expected to boost India's pursuit of becoming self-reliant in the semiconductor sector.
View Source
Day not far when India becomes global semiconductor hub: PM Modi
Economic Times
·
1y ago
Medial
Indian Prime Minister Narendra Modi laid the foundation stone for India's first commercial semiconductor chip manufacturing foundry, along with two outsourced semiconductor and assembly testing (OSAT) units. These initiatives aim to make India a global semiconductor hub and enhance the country's profile in the global semiconductor value chain. The projects are expected to contribute to various sectors, including automotive, power, electronics, consumer goods, and medical devices. The investments will also bring about the development of an ecosystem of suppliers and related industries. This marks a significant step towards India's goal of establishing commercial chip fabrication capabilities.
View Source
SEMICON India 2024: 5 key takeaways from MP Modi's speech
Livemint
·
11m ago
Medial
The Indian Prime Minister, Narendra Modi, addressed SEMICON India 2024 and emphasized the importance of supply chain resilience. He highlighted India's investments in semiconductor manufacturing, with a goal to position India as a global hub. Modi also expressed a vision of having Indian-made chips in every electronic device worldwide. He noted the three factors driving India's semiconductor ambitions: a reformist government, a growing manufacturing base, and a tech-savvy market. Modi positioned India as an attractive destination for semiconductor investments, promising to support the country's journey toward becoming a semiconductor powerhouse.
View Source
PM Modi: Launch of PARAM Rudra Supercomputers opens new opportunities for India
Livemint
·
10m ago
Medial
Prime Minister Narendra Modi has launched three PARAM Rudra supercomputers as part of India's National Supercomputing Mission. The advanced systems will support scientific research in areas such as weather forecasting, climate modeling, chemical discovery, materials science, and artificial intelligence. The supercomputers have been deployed in Pune, Delhi, and Kolkata and are aimed at enhancing India's computing infrastructure. Modi emphasized the importance of science and self-reliance and allocated ₹1 lakh crore to the research fund in this year's budget. The launch of these supercomputers represents a significant step in India's technological development.
View Source
Reversing Brain Drain Is Crucial For India's Tech Self-Reliance: IIT Madras'
OutlookIndia
·
5m ago
Medial
Veezhinathan Kamakoti, Director of IIT Madras, emphasizes the importance of reversing brain drain for India's tech self-reliance. With foreign-trained Indian professionals eager to return home, this reverse brain drain is crucial, particularly in semiconductor and fabrication sectors. India's goal of achieving self-reliance depends on encouraging these experts to contribute their global experience domestically, thereby bridging critical knowledge gaps and enhancing the country's technological capabilities.
View Source
Startup India propelled country to become one of the most vibrant startup ecosystems: PM Modi
YourStory
·
6m ago
Medial
Prime Minister Narendra Modi celebrated the ninth anniversary of the 'Startup India' initiative, emphasizing its role in transforming India into a leading global startup ecosystem. He highlighted the programme's impact on youth empowerment by turning innovative ideas into successful businesses across sectors like technology, healthcare, and sustainable energy. Modi reaffirmed the government's commitment to fostering entrepreneurship through supportive policies and infrastructure, encouraging more young people to engage in the startup ecosystem to further India's self-reliance and economic growth.
View Source
About 10 crore new women have joined self-help groups: PM Modi
YourStory
·
11m ago
Medial
Prime Minister Narendra Modi emphasized the positive impact of self-help groups on women empowerment in India. He highlighted that around 100 million women have joined these groups, leading to their economic self-reliance and active participation in family decision-making. Modi also praised the success of Indian CEOs worldwide and drew a parallel to the achievements of women in these self-help groups, often referred to as "Lakhpati Didis" (millionaire sisters). The government has allocated substantial funds, with Rs 9 trillion already provided, to support these women's self-help groups.
View Source
PM Modi showcases India’s tech prowess during US visit: key takeaways
Economic Times
·
10m ago
Medial
Indian Prime Minister Narendra Modi recently visited the US to highlight India's growth potential in the technology sector. During his visit, Modi met with Silicon Valley CEOs and government officials to attract investment in India's startup and semiconductor industries. The prime minister emphasized India's innovation-friendly policies and burgeoning market opportunities, which caught the attention and interest of the CEOs. Modi also addressed the Indian American community, discussing India's digital infrastructure and initiatives for domestic semiconductor production. Notable CEOs like Jensen Huang from Nvidia and Sundar Pichai from Google expressed their support and willingness to partner with India in fields like AI and manufacturing.
View Source
India will play a major role in driving the global semiconductor industry: PM Modi
Economic Times
·
11m ago
Medial
Indian Prime Minister Narendra Modi emphasized India's role in driving the global semiconductor industry and creating a resilient global supply chain during his speech at the Semicon India industry conference. He highlighted India's partnerships with countries like the US, Japan, and Singapore in the semiconductor sector. Modi stated that India aims to expand its $150 billion electronics sector to over $500 billion by the end of the decade, creating millions of jobs. He emphasized India's talent pool, research investments, growing data center demand, and commitment to green transition in becoming a semiconductor powerhouse.
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
