India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Tower Semiconductor from Israel has submitted a proposal to the Indian government to construct an $8 billion chip manufacturing facility in India, according to a report. The proposed facility aims to produce 65 nanometer and 40 nanometer chips, with Tower Semiconductor seeking government incentives to support its plan.
Despite requests for comment, neither Tower Semiconductor nor India's IT ministry have responded immediately to inquiries regarding the proposal.
Chip manufacturing holds significant importance in Prime Minister Modi's business agenda. However, previous attempts to offer $10 billion in incentives to the industry have faced challenges, with some proposals encountering delays or cancellations.
Also Read : POSCO and ADNOC join forces for blue hydrogen project Singapore's green jet fuel mandate faces cost, supply challenges
East Africa Gateway Ltd, an associate company of Adani Ports and Special Economic Zone Ltd (APSEZ) i...
Mid Corporate 09-Feb-2024
South Africa's Sasol reported lower output at its coal mining division in the October-December quart...
Asia 25-Jan-2024
SAIL Supplies Special-Grade Steel for INS Ajay and INS Nistar Steel Authority of India Limited (SAI...
Construction 05-Aug-2025
China's iron ore production declined by 12.6% year-on-year (Y/Y) in January-February 2025, as per da...
China 21-Mar-2025
UK govt may buy coal to support British Steel’s operations amid cost pressure. British Steel'...
Business 10-Apr-2025
According to a government source, India will send two delegations to Chile next month to look for li...
Business 28-Mar-2024