Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Tower Semiconductor proposes to set up USD eight bln chipmaking plant in India

Monday, 12 Feb 2024
Share this on :

Israel-based chipmaker Tower Semiconductor has submitted a proposal to the government to set up an USD eight billion chipmaking plant in India.

The company seeks to manufacture 65 nanometre and 40 nanometre chips in the country, which may be used in a number of sectors, including automotive and wearable electronics.

In October 2023, Minister of State for Electronics and IT Rajeev Chandrasekhar had met with Tower Semiconductor’s top executive to discuss its partnership with India in the chip manufacturing space. If the Israeli chipmaker’s proposal is accepted by the government, it is expected to boost India’s chip manufacturing mission.

Under the USD 10 billion chip manufacturing scheme, India offers a 50 percent capital expenditure subsidy to successful applicants.

Earlier, the Israeli chipmaker had applied to set up a USD three billion chips making plant in Karnataka in partnership with international consortium ISMC, a joint venture between Tower Semiconductor, and Abu Dhabi-based Next Orbit Ventures. However, the plan was suspended later.

 
Post Your Comments


  
New Password
Confirm Password