ISMC's India chip plan stalls after Tower-Intel deal in setback to ModiIndia's ambitious plans to become a competitive player in the semiconductor market face setbacks, with the proposed $3bn facility by Israel...
01 Jun, 2023, 05.44 PM IST
India likely to invite more companies to set up semiconductor unitsGovt said to be in advanced talks with four global chip makers to set up fabs
10 Feb, 2023, 06.11 AM IST
Karnataka’s BJP regime looks to Centre for fab unit nod ahead of assembly pollsPrime Minister Narendra Modi has already opened a few projects including a new terminal at the international airport in Bengaluru and an ir...
24 Jan, 2023, 08.25 PM IST
ISMC Analog set to seal debt deal with five-bank consortium led by SBIISMC Analog, is close to sealing a debt deal with a five-bank consortium led by State Bank of India (SBI) for its $3-billion project near M...
17 Nov, 2022, 06.00 AM IST
Indian semiconductor race heats up as Reliance, HCL eye entry via ISMCAccording to the current contours of the deal, ISMC Analog will “expand its board to include nominee directors to acknowledge the (new) inv...
09 Nov, 2022, 01.24 PM IST
Centre to decide on semiconductor fab by Feb: Karnataka IT ministerISMC is a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel's Tower Semiconductor.
09 Nov, 2022, 10.04 AM IST
New chip sop structure may deliver quick wins: expertsOn Wednesday the Centre announced a fresh structure of incentives under its Rs 76,000-crore semiconductor manufacturing scheme offering to ...
24 Sep, 2022, 06.00 AM IST
Foxconn chief may call on PM in November to push semiconductor forayDuring his meeting with PM Modi in August, the Foxconn chief had discussed a slew of initiatives including semiconductors and electric vehi...
22 Sep, 2022, 06.00 AM IST
Sop evaluations still on, Ministry tells semiconductor applicant“Going by conversations with the ministry, we are hoping the approvals will start rolling out by October,” an industry representative aware...
14 Sep, 2022, 10.31 PM IST
India should decide on semiconductor sops by October: IGSS VenturesSingapore-based IGSS has proposed to set up a `26,000-crore fabrication unit in Tamil Nadu and is awaiting approval for incentives from the...
08 Sep, 2022, 07.29 AM IST
ISMC seeks speedy semiconductor sops nod to start building by year-endThe letter, dated August 8, was addressed to the ISM, electronics and information technology minister Ashwini Vaishnaw and junior minister ...
15 Aug, 2022, 06.00 AM IST
Semiconductor plant approval: IT ministry squints at operational factors as industry hopes for speedy approvalThe Ministry of Electronics and IT is looking for clear visibility into financial closure, including the capability to bear expenses over t...
01 Jul, 2022, 06.00 AM IST
Vedanta-Foxconn talks with Karnataka on setting up chip unit stuck over sopsWhile the Indo-Taiwanese combine is willing to consider an investment of $ 20 billion, it is seeking 20% of the investment value or $ 4 bil...
18 May, 2022, 03.58 PM IST
Karnataka CM says, we will replicate our IT/BT success in semiconductor manufacturingThe strong R&D-based technology ecosystem is the reason why many others are also showing interest in Karnataka, Bommai said in a brief chat...
02 May, 2022, 11.18 AM IST
ISMC Digital to invest $3 billion in chip-making unit in KarnatakaThe JV said it would invest in a 65-nanometre analogue semiconductor fabrication plant in Mysuru. US-based chipmaker Intel is buying out To...
01 May, 2022, 07.16 PM IST
In tight race, Karnataka close to plucking ISMC’s $3-b semiconductor fabPeople privy to the deal said the southern state has suggested an Electronics and Systems Design cluster in Mysuru as the investment destin...
25 Apr, 2022, 06.00 AM IST
Five companies submit proposals to set up semiconductor and display facilities"The first round of applications was invited till February 15, for establishment of semiconductor and display fabs," the release read. "Des...
20 Feb, 2022, 07.18 AM IST