Skip to main content

Share story

Infrastructure

India outlines $13 billion second phase for semiconductor mission

India outlines $13 billion second phase for semiconductor mission Image: primary
India is committing $13 billion to the second phase of its semiconductor mission, according to the report, extending an effort to build domestic chip design, manufacturing, assembly and testing capacity. The government has approved 12 projects across six states, while production beginning this year is mainly in assembly, testing and packaging. Federal subsidies can cover up to half of semiconductor manufacturing project costs, with further state support available. The report says India still imports 90-95% of its semiconductors and faces needs for reliable utilities and fab-operating skills.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from timeskuwait.com and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure Products
Infrastructure Products

Amazon commits more than €16 billion to German operations in 2027

Amazon announced plans to invest more than €16 billion ($18 billion) in Germany in 2027, including €4.8 billion to expand its AWS data centre region around Frankfurt. The company also plans a second robotics and AI research lab in...

Capital AI
Capital AI

Daytona raises $60M Series B at $1B valuation

Daytona raised a $60M Series B led by FirstMark at a $1B valuation, Fortune reported. The company is building cloud infrastructure for AI agents. The round brings Daytona's total funding to $91M, adding capital for its infrastruct...

AI Infrastructure
AI Infrastructure

Google open-sources TorchTPU for native PyTorch workloads on TPUs

Google released TorchTPU as open source on GitHub, saying the stack lets developers train and serve existing PyTorch models on its TPU accelerators with minimal code changes. Co-developed with Meta's PyTorch team, it supports fami...