Try GOLD - Free

More wafer work

Financial Express Chennai

|

September 03, 2025

India needs to move fast beyond the back end to become a full-stack semiconductor nation

NDIA'S SEMICONDUCTOR AMBITIONS took a big leap forward last week when CG Semi—a Murugappa Group subsidiary—announced that it would roll out the first Made-in-India chip by the end of the year.

The announcement came just days after the Union Cabinet approved four semiconductor projects, taking the total number of approved chip manufacturing facilities in India to 10, including the Tata Group's partnership with Taiwan's Powerchip Semiconductor Manufacturing Corp to make mature chips. The latest approvals push up the projected investments in semiconductor projects to about ₹1.6 lakh crore across six states. Many might, with some justification, argue that the investment and the ambition is just too small to make any significant impact, but at least it's a good beginning after decades of missed opportunities. It's also encouraging that the government is giving final shape to the second phase of the India Semiconductor Mission (ISM), with most of the fiscal support earmarked under the first phase already committed.

MORE STORIES FROM Financial Express Chennai

Financial Express Chennai

Telcos seek Trai help in NMIAL network dispute

THE CELLULAR OPERATORS Association of India (COAI) has written to the Telecom Regulatory Authority of India (TRAI), seeking its intervention on four counts at the newly opened Navi Mumbai International Airport: denial of Right of Way (RoW) permissions to telecom operators, the creation of an exclusive in-building solutions (IBS) arrangement, absence of cost-based pricing for shared infrastructure, and what it describes as misleading public communication on network coverage.

time to read

2 mins

January 15, 2026

Financial Express Chennai

Infosys ups guidance as tech spends rise

FY26 REVENUE PEGGED TO GROW 3-3.5%

time to read

1 mins

January 15, 2026

Financial Express Chennai

Wholesale price inflation at 8-month high in Dec

INDIA'S WHOLESALE PRICE inflation rose to an eight-month high of 0.83% (year-on-year) in December primarily due to a sequential uptick in the prices of food articles, nonfood articles, minerals and manufactured products, the government data released on Wednesday showed.

time to read

1 min

January 15, 2026

Financial Express Chennai

India will be first assembly hub outside US for GLS Maybach

German luxury carmaker Mercedes-Benz will begin local assembly of the GLS Maybach in India, making it the only market outside the US where the ultra-luxury SUV will be rolled out.

time to read

2 mins

January 15, 2026

Financial Express Chennai

MF industry seeks parity in tax for debt schemes

THE MUTUAL FUND industry is seeking the same tax status for debt schemes as it exists for equities in the upcoming Budget.

time to read

3 mins

January 15, 2026

Financial Express Chennai

10-min tag goes, sprint remains

Delivery workers say the race against clock continues

time to read

1 min

January 15, 2026

Financial Express Chennai

Pvt seed firms to be under traceability system

ENSURING INTEGRATION

time to read

1 mins

January 15, 2026

Financial Express Chennai

Kashi-Tamil Sangamam and a tribute to Ek Bharat, Shreshtha Bharat

A FEW DAYS ago, I was at the sacred land of Somnath to be part of the Somnath Swabhiman Parv, marking a thousand years since the first attack on Somnath, which took place in 1026.

time to read

4 mins

January 15, 2026

Financial Express Chennai

IOC-BPCLJV makes fresh oil discovery in Abu Dhabi

INDIAN OIL CORPORATION (IOC)and Bharat Petroleum Corporation (BPCL) on Wednesday announced oil discoveries in an onshore block in Abu Dhabi, strengthening their overseas upstream portfolio and India's energy security efforts.

time to read

1 min

January 15, 2026

Financial Express Chennai

Anything less than having Greenland in US hands is 'unacceptable': Trump

PRESIDENT DONALD TRUMP said on Wednesday that NATO should help the US acquire Greenland and Anything less than having the island in US hands is unacceptable, hours before Vice President JD Vance was to host Danish and Greenlandic officials for talks.

time to read

1 min

January 15, 2026

Listen

Translate

Share

-
+

Change font size