PM Modi inaugurates CG SEMI OSAT facility in Sanand; targets five semiconductor plants by 2026

Prime Minister Narendra Modi on July 4 inaugurated the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, marking the start of commercial production. The facility becomes India’s third semiconductor plant to enter operations in 2026 and is part of the country’s broader push to build a complete semiconductor manufacturing ecosystem. Continue reading “PM Modi inaugurates CG SEMI OSAT facility in Sanand; targets five semiconductor plants by 2026”

Government approves four new semiconductor projects under ISM with Rs. 4600 crore investment

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved four new semiconductor manufacturing projects under the India Semiconductor Mission (ISM), the Ministry of Electronics and Information Technology (MeitY) announced today in an official release. Continue reading “Government approves four new semiconductor projects under ISM with Rs. 4600 crore investment”

Foxconn targets India’s Chip Scheme after exiting $19.5 billion Vedanta JV

Taiwan’s Foxconn, the leading global contract electronics manufacturer, intends to pursue incentives within India’s semiconductor manufacturing initiative. Continue reading “Foxconn targets India’s Chip Scheme after exiting $19.5 billion Vedanta JV”