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Searched Tag: semiconductor units
Image of an announcement letter uploaded by Union Minister Ashwini Vaishnaw on X, highlighting the investment made in the tech sector.

Semiconductor units will strengthen India’s transformative journey: PM Modi

February 29, 2024, 07:44 PM - 2 mins read

On Thursday, the Union Cabinet sanctioned proposals to establish three semiconductor plants, including a mega fab by the Tata Group, with a combined investment of Rs 1.26 lakh crore. This move is part of India's strategy to position itself as a global powerhouse in chip manufacturing.

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Image for representative use.

Government greenlights Rs 1.26 Lakh Cr investment for three semiconductor plants

February 29, 2024, 03:14 AM - 2 mins read

Following the clearance by the Union Cabinet, Telecom Minister Ashwini Vaishnaw announced that the construction of all three units is slated to commence within the next 100 days.

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