Corning to start production of Made-in-India Gorilla Glass in 2025
New York-based Corning, which supplies optical materials used in chipmaking, looks to partner with semiconductor players as the ecosystem grows.
New York-based Corning, which supplies optical materials used in chipmaking, looks to partner with semiconductor players as the ecosystem grows.
“India is simply trying to get the entire semiconductor ecosystem together,” said Malini, Country Head, India, Renesas Electronics, in an exclusive interaction with Fortune India during Semicon India.
From chip design services to assembly & packaging, and leveraging its well-established EMS vertical, Tata electronics aims to become an end-to-end player in the electronics value chain.
To launch the Semicon 2.0 scheme, the government will need approvals from 3-4 different departments, which could take about 3-4 months.
Surana Solar shares touched its 10% upper circuit limits, while RIR Power Electronics and SPEL Semiconductor stocks rose 5% each.
PM Modi says India’s focus is to develop globally competitive products
"By collaborating early and specifying our needs, we can ensure that the chips required by the industry are developed and produced locally," says Maruti's Hisashi Takeuchi
According to Devendra Fadnavis, the proposed semiconductor fabrication plant will involve a total investment of ₹83,947 crore.
Cash-rich groups foray into new-age businesses, consolidate existing ones to add to market value.
"Today, the Cabinet has approved Kaynes' plant, with a capacity of 6.3 million chips per day," the Union Minister of Electronics & Information Technology says at the press conference.