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More wafer work

Financial Express Kochi

|

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.

MÁS HISTORIAS DE Financial Express Kochi

Financial Express Kochi

Bets of RBI buying, lower state debt sale lift bonds

BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Financial Express Kochi

PhonePe IPO: Walmart to sell ₹9,173-cr stake

Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.

time to read

1 mins

January 23, 2026

Financial Express Kochi

Battery PLI loses charge

ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR

time to read

2 mins

January 23, 2026

Financial Express Kochi

IAF’s new ‘Sindoor’ formation on R-Day

FIGHTER JETS OF the Indian Air Force will fly in a special Sindoor formation at the Republic Day flypast this year,ina significant display of India’s air power.

time to read

1 min

January 23, 2026

Financial Express Kochi

Bangladesh defiant: Will play, not in India

AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION

time to read

2 mins

January 23, 2026

Financial Express Kochi

SAT directs Avadhut Sathe Academy to deposit ₹100 cr

THE SECURITIES APPELLATE Tribunal (SAT) on Thursday accorded a partial relief to Avadhut Sathe and his trading academy against the Securities and Exchange Board of India’s (Sebi) order of impounding %546 crore and imposing trading restrictions.

time to read

2 mins

January 23, 2026

Financial Express Kochi

P&G misses Q2 revenue estimates

PROCTER & GAMBLE'S Q2 revenue fell slightly short of Wall Street expectations on Thursday, as weak spending by US consumers and the hit from a government shutdown offset stronger growth globally.

time to read

1 min

January 23, 2026

Financial Express Kochi

Brokerages flag margin risks post Eternal Q3 show

BROKERAGES OFFERED A

time to read

1 mins

January 23, 2026

Financial Express Kochi

AI gets a seat at the C-suite hiring table

Algorithms do leadership searches but the final call stays human

time to read

1 min

January 23, 2026

Financial Express Kochi

IIFL Finance Dec qtr profit rises multifold

IIFL FINANCE, A non-banking financial institution (NBFC) providing gold loans and business loans, on Thursday said its December quarter net profit grew multifold to ₹501 crore as compared to the year-ago period.

time to read

1 min

January 23, 2026

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