
In a significant development for India's semiconductor industry, the Vedanta-Foxconn joint venture has resubmitted its application for a silicon fabrication plant.

India is poised to achieve a major milestone in its technological advancement journey with the upcoming launch of its first semiconductor fabrication plant. The move is expected to boost the nation's efforts towards achieving chip self-reliance, reducing dependency on imports, and fostering innovation in the semiconductor industry.

The HCL Group is exploring a $300 million venture in India's booming semiconductor industry. The company is planning to set up an assembly, testing, marking, and packaging (ATMP) facility for semiconductors. The project is expected to create over 1,000 jobs and boost India's chip manufacturing capabilities.