Tuesday, October 14, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Manufacturing

Manufacturing: PM lays foundation stones for semiconductor fabrication facilities

Fiinews by Fiinews
March 15, 2024
in Manufacturing
Reading Time: 2 mins read
A A
0
PIB

PM lays foundation stones for three semiconductor facilities.

0
SHARES
21
VIEWS
LinkedinShare on Twitter

40,000+ compliances have been abolished and rules for FDI have been simplified

The Prime Minister, Narendra Modi, has laid foundation stones three semiconductor projects worth about Rs.1.25 lakh crores via video conferencing on 13 Mar while addressing the ‘India’s Techade: Chips for Viksit Bharat’ program.

The facilities inaugurated today are – Semiconductor fabrication facility at the Dholera Special Investment Region (DSIR), Gujarat, Outsourced Semiconductor Assembly and Test (OSAT) facility at Morigaon, Assam, and the Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujarat https://www.ibef.org/industry/manufacturing-sector-india .

The three projects https://ism.gov.in/ will play a key role in making India a semiconductor hub, said PM Modi, noting the centrality of electronic chips in the technology-driven 21st century, and underlining that ‘Made in India’ and ‘Designed in India’ chips will play a major role in taking India towards self-reliance and modernization.

In the last few years, the Prime Minister informed that more than 40,000 compliances have been abolished and rules for FDI have also been simplified, as defence, insurance and telecom sectors have been liberalized for investors.

PM Modi https://www.pmindia.gov.in/en/ also highlighted the huge presence of Indian talent in global chip design and manufacturing, adding that the talent ecosystem of India is completed as the nation moves forward today in the semiconductor manufacturing sector.

Projects:

The Rs.91,000 crore Semiconductor fabrication facility at the Dholera Special Investment Region (DSIR) will be set up by Tata Electronics Private Limited (TEPL) under the Modified Scheme for setting up of Semiconductor Fabs in India https://www.sidm.in/ .

The Rs.27,000 crore Outsourced Semiconductor Assembly and Test (OSAT) facility in Morigaon, Assam, will be set up by Tata Electronics Private Limited (TEPL) https://www.tata.com/ under the Modified Scheme for Semiconductor Assembly, Testing, Marking and Packaging (ATMP).

The Rs.7,500 crore Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, will be set up by CG Power and Industrial Solutions Limited under the Modified Scheme for Semiconductor Assembly, Testing, Marking and Packaging (ATMP). Fiinews.com

Tags: PMO
ShareTweetShare

Related Posts

Make in India
Manufacturing

Manufacturing: MoD has spent 51.23% of capex

by Fiinews
October 14, 2025
0
11

Most spending on aircraft-aero engines The Ministry of Defence (MoD) has utilised Rs.92,211.44 crore (51.23%) of capital expenditure out of...

PIB
Manufacturing

Manufacturing: Shah inaugurates CBG-Potash unit

by Fiinews
October 7, 2025
0
12

NCDC to support CBG-Potash plants at 15 mills Home Minister and Minister of Cooperation Amit Shah said the newly inaugurated...

OKI

Manufacturing: World to get OKI’s India-made ATMs

October 1, 2025
20
Kayneslogonew (1)

Manufacturing: UST sets up semiconductor facility

September 30, 2025
17
Belden

Manufacturing: Pune Plant 2 to support Belden growth

September 27, 2025
13
HAL

Manufacturing: MoD signs Rs.62,370cr contract with HAL

September 27, 2025
14
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: Infosys gets 15-year contract with NHSBSA
  • Market: Pune to strengthen Orion capabilities
  • Market: Blue Ocean expands supply chain education
  • Tech: Deaken-VIT offer Cyber Security program
  • Project: PM GatiShakti – Offshore for Blue Economy

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.