US pursues India as a supply-chain selection to China

WASHINGTON : The Biden management is popping to India for lend a hand because the U.S. works to shift vital generation delivery chains clear of China and different nations that it says use that generation to destabilize world safety. Management officers hosted conferences this week with a delegation of Indian officers and U.S. business executives, … Read more

Electronics export from India to move ₹1.28 lakh crore subsequent fiscal: MoS IT

Electronics export from India is predicted to move ₹1.28 lakh crore within the subsequent monetary yr, Minister of State for Electronics and IT Rajeev Chandrasekhar has stated. In an interview with PTI forward of the Funds 2023, the minister stated the federal government is now going to expand and widen the electronics production ecosystem with … Read more

Electronics cos search ₹10K cr for chip manufacturing scheme

New Delhi: The electronics trade has advised the federal government to increase the promotion of the producing of digital elements and semiconductors (Specifications) scheme by way of 5 years with an larger outlay of a minimum of ₹10,000 crore, from ₹3,000 crore at the moment, within the Union funds for 2023–24. “Because the scheme used … Read more

ISMC’s $3bn chip fab could also be 1st to take off

ISMC is among the 3 consortia shortlisted by way of the Centre to be eligible for the incentives. The 3 proposals for wafer fabs price $13.6 billion have sought govt beef up to the song of $5.6 billion. “We can most probably grow to be the primary state in India to have a semiconductor fab. … Read more

India will lead the sector in generation: Rajeev Chandrasekhar

NEW DELHI : India will quickly emerge as a pacesetter in electronics production on this planet with its adolescence taking part in a large position on this effort, mentioned Rajeev Chandrasekhar, minister of state (MoS) for Electronics and Data Generation on Tuesday. “PM Modi’s imaginative and prescient of India’s Techade may also be realised by … Read more