Amaravati-based Indichip Semiconductors Ltd and Japan’s Yitoa Micro Technology will invest Rs 14,000 crore in Andhra Pradesh to establish India’s first private semiconductor manufacturing facility. The project, focused on producing Silicon Carbide chips, is set to support energy-efficient technologies and aligns with India’s Atma Nirbhar Bharat vision.
Related Posts
Keep EV incentives or risk slowdown in adoption: Kia
Kia urges the Indian government to maintain incentives for electric vehicles to avoid a slowdown in their adoption. The carmaker highlights the need for better […]
India continues to be world’s largest growing economy: IMF director
India is set to continue as the world’s fastest-growing economy with projected growth at 7% in FY24-25, driven by strong macroeconomic fundamentals and rural consumption […]
Government moves to ready ground for 5% ethanol mix in diesel
The Indian government explored a new plan to blend 5% ethanol with diesel (ED-5) as it neared its target of 20% ethanol-blended petrol within two […]