Tag: Atmanirbhar

By 2026, the Indian semiconductor market is expected to be valued $300 billion, up from the $119 billion forecasted for 2021 by the Indian Electronics and Semiconductor Association (IESA) and Contrast Investigate. On September 14, a joint venture between Vedanta and Foxconn signed a Memorandum of Understanding (MoU) with the Gujarat administration, committing to invest Rs 1,54,000 crore to create the facility in the state. This is the largest corporate investment in India's post-independence history. The report predicts that India will overtake China as the world's second-largest market for semiconductor mechanisms because to the widespread adoption of smartphones, wearables, cloud data centres, Industry 4.0 applications, IoT, smart agility, and public utilities infrastructure. ...