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ISMC CONSORTIUM
Israel's chipmaker Tower resubmits proposal to set up 65 nm, 40 nm chip fabThe company, however, is also facing legal action from its erstwhile joint venture partner Abu Dhabi-based Next Orbit Ventures which is con...- Israel’s Tower seeks government inputs for fab foray by FY24-endThis marks a second attempt by the Israeli company to enter the semiconductor space in India after an earlier JV agreement with ISMC to set...
- Foxconn dumps $19.5 billion Vedanta chip plan in blow to IndiaFoxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.
- 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...
- Madhya Pradesh, Odisha, Punjab have shown interest in facilitating semiconductor units: Government“Setting up of semiconductor unit requires huge investments and necessitates suitable infrastructure like availability of uninterrupted pow...
- 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
- Intel exec says semiconductor opportunities moving to IndiaManufacturing constraints across certain geographies and the government’s Make-in-India initiative have helped make the country a top desti...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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 ...
- Delay in semiconductor sop approvals due to headless ISM: sourcesOn an India visit, Tower Semiconductor CEO Russell C Ellwanger met Minister of State for Electronics and IT Rajeev Chandrasekhar on Monday,...
- Tamil Nadu bags IGSS ventures’ Rs 25,000 cr semiconductor parkThe group would set up the hi-tech park and a semiconductor fab unit spread across 300 acres at an investment of Rs 25,600 crore over the n...
- 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...
- 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...
- 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...
- 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...
- 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...
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