Bharat Express

India Semiconductor Mission

Prime Minister Narendra Modi on Wednesday said India is advancing in semiconductors as the Cabinet approved a new chip unit in Uttar Pradesh.

Ashwini Vaishnaw, inaugurated two state-of-the-art semiconductor design facilities of Renesas Electronics India, in Noida and Bengaluru.

Zoho Corporation has shelved its $700 million semiconductor chip manufacturing project, citing lack of confidence in the current technology.

In a bold move to reduce import dependence, the Government of India launched a US$2.7 billion PLI scheme dedicated to electronic components.

Ashwini Vaishnaw also met the leadership team at Intel in the United States...