In a post on X (formerly Twitter), Maharashtra's Deputy Chief Minister, Devendra Fadnavis, revealed that the semiconductor project is expected to generate 5,000 new jobs in the state. Upon completion of the first phase, the facility will have the capacity to produce 40,000 wafers per month,...
Fiscal Support:The Government will offer up to 50% of the Project Cost[1]for setting up silicon-based semiconductor wafer fabrication facilities across various technology nodes in India on a pari-passu basis. Additional financial support may be offered by the state government or any of it...
His comments came hours after the Indian government raised fiscal support for new semiconductor facilities to cover 50% of project costs, and said it will remove a ceiling for maximum permitted investment to enable incentives for display manufacturing. Prime Minister Narendra Modi's...
Government support will help fund the project and facilitate access to essential semiconductor infrastructure and resources to drive innovation and enhance local talent development. “We are excited about the steps India is taking to develop the local semiconductor ecosystem,” said Micr...
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The Memorandum of Understanding (MoU) was signed by Dr. BE. Rangaswamy, Registrar of VTU in the presence of Dr. S Vidyashankar, honorable Vice Chancellor of VTU, and other dignitaries from SSIR.The pilot project between SSIR and VTU is an effort to equip stude...
the initiative empowered over 1100 undergraduate engineering students with theoretical and project training in cutting-edge technologies like AI and IOT. Certifications in these courses will make them job-ready, and also provide a platform that enables...
Cricket semiconductor is estimated to create approximately 450,000 employment opportunities, with potential future economic impact of $40B over project life span. IESA (India Electronics & Semiconductor Association) claimed it has played key role in enabling the Memorandum of Understanding (MoU) between...
Jacobs’ involvement in the project not only boosts its presence in India's growing semiconductor market but also highlights its global leadership in engineering and technological solutions. Jacobs’ Share Price Performance Image Source: Zacks Investment Research ...
Indiahas granted approvals forthree major semiconductor projectsso far, including a wafer fabrication facility and an OSAT plant by Tata Group, as well as a separate OSAT facility by Murugappa Group's CG Power and Industrial Solutions.