JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
The government has received four proposals for setting up semiconductor manufacturing plants and 13 for chip assemblies units, Parliament was informed on Wednesday.
The proposals are in addition to a ₹22,516-crore chip assembly plant being set up by US-based memory chip maker Micron, Minister of State for Electronics and IT Rajeev Chandrasekhar said in a written reply in the Lok Sabha.
"Four proposals have been received for setting up semiconductor fabs and an additional 13 proposals have been received for setting up compound semiconductor fabs and ATMP ( Assembly, Testing, Marking and Packaging) facilities," the minister said.
The government has approved the Semicon India programme with a total outlay of ₹76,000 crore for the development of the semiconductor and display manufacturing ecosystem in the country.
The programme aims to provide financial support to companies investing in semiconductors, display manufacturing and design ecosystems.
Also Read : Indian govt confirms no plans for privatisation of shipping and ports Govt to handhold exporters for defending RoDTEP benefits
In Gujarat, the billionaire Gautam Adani's group is constructing the largest renewable energy park i...
Renewables 26-Mar-2024
Siemens Mobility has announced a major step toward sustainable transportation manufacturing by expan...
Construction 24-Oct-2025
The European Commission (EC) has imposed five-year anti-dumping duties on imports of hot-rolled flat...
Europe 29-Sep-2025
🔹 ICRA projects a 50% drop in steel imports if safeguard duty is imposed.🔹 Higher tariffs and qual...
Business 24-Mar-2025
The price of flat-rolled steel in the United States continued its downward trend, dipping over 5% in...
USA 16-Feb-2024
The Ministry of New and Renewable Energy (MNRE) has issued a directive exempting renewable energy pl...
Notification 29-May-2024