Modi inaugurated SemiconIndia 2023 in Gandhinagar Friday – the government’s flagship event aimed at making India a global hub for semiconductor design, manufacturing and technology development.
The new 500,000-square-foot campus will increase AMD’s office footprint in India to 10 locations. It already has more than 6,500 employees in the country.
After Vedanta’s $19.5 billion semiconductor joint venture with Taiwan’s Foxconn recently fell through, Agarwal says 100% committed to make semiconductors in India.
IT minister, Ashwini Vaishnaw, said Micron Technology would start construction in August on $2.75 billion chip assembly and test facility in Gujarat, the newspaper reported.
While the total investment in the plant is expected to be USD 2.75 billion, Micron’s investment will be up to USD 825 million over the two phases of the project, and the remaining amount will be funded by the Centre and the State government.
The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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