Try GOLD - Free
Modi Unveils Next Phase of Semiconductor
Financial Express Hyderabad
|September 03, 2025
"Given the pace at which India is advancing in the semiconductor sector, India will hold a significant share in this trillion-dollar market."
The India Semiconductor Mission was first cleared in December 2021 with a ₹76,000-crore outlay, of which ₹65,000 crore was earmarked for fabrication units and ₹10,000 crore for upgrading the Semi-Conductor Laboratory in Mohali.
Modi said the next phase of the mission is not limited to a single fab or project but to building a comprehensive ecosystem spanning design, manufacturing, packaging and high-tech devices.
"In total, 10 semiconductor projects are now underway, involving an investment of over $18 billion -- more than ₹1.5 lakh crore," Modi said. "This reflects the growing global trust in India.
This story is from the September 03, 2025 edition of Financial Express Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Hyderabad
Financial Express Hyderabad
Food inflation in negative zone for sixth month
RETAIL FOOD INFLATION remained in the negative zone for the sixth consecutive month in November when it came in at (-) 3.91%, largely driven by base effect and subdued prices of vegetables, cereals, pulses, meat, eggs and spices.
1 min
December 13, 2025
Financial Express Hyderabad
NTPC to float global bids for mega nuclear reactors soon
STATE-RUN NTPC IS planning to float a global tender for large nuclear power plants with a combined capacity of 6-10 gigawatts (GW) soon, marking India’s largest power producer’s graduation to utility-scale production of nuclear energy.
1 min
December 13, 2025
Financial Express Hyderabad
Cabinet approves Oman FTA text
SIGNING DURING PM'S UPCOMING VISIT
1 min
December 13, 2025
Financial Express Hyderabad
Top-10 stocks will start to outperform: DSP Netra
THE OUTPERFORMANCE PHASE is restarting for the top 10 companies in terms of market capitalisation, DSP Netra said in a report citing recent trends.
1 mins
December 13, 2025
Financial Express Hyderabad
China prepares $70 bn in chip sector incentives
MAY ROLLOUT A 200-500 BN YUAN FUND PLAN FOR CHIP INDUSTRY
1 min
December 13, 2025
Financial Express Hyderabad
House panel demands updated air quality norms ‘at the earliest’
A PARLIAMENTARY PANEL on Friday asked the Centre to come up with the updated India’s National Ambient Air Quality Standards “at the earliest”, noting that the standards were last revised in 2009.
1 min
December 13, 2025
Financial Express Hyderabad
Ozempic adds to growing...
NOVO NORDISKCLAIMS it also reduces cardiovascular and renal risks.
1 min
December 13, 2025
Financial Express Hyderabad
Reforms engine gathers steam: Cabinet clears key Bills
ADDITIONALLY, THE BILL aims to relax current restrictions on the repatriation of dividends and key management personnel for foreign-owned firms, thereby boosting ease of doing business.
3 mins
December 13, 2025
Financial Express Hyderabad
Vinesh returns to the mat, eyes medal at 2028 Games
STAR WRESTLER VINESH PHOGAT on Friday announced that she would be coming out of retirement to take another shot at an elusive Olympic medal at the 2028 Los Angeles Games as the “the fire never left” her and was merely buried under “exhaustion and noise”.
1 mins
December 13, 2025
Financial Express Hyderabad
Nov retail inflation rises to 0.71% from Oct series-low
PROSPECTS OF FEBRUARY RATE CUT BRIGHTEN
1 mins
December 13, 2025
Listen
Translate
Change font size