Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

Govt commits ₹4,500 cr for SCL Mohali modernization

Mint Mumbai

|

November 29, 2025

The unit upgrade will be funded over three years through the India Semiconductor Mission

- Jatin Grover

Govt commits ₹4,500 cr for SCL Mohali modernization

Govt will scale SCL output 100 times, says Union minister Ashwini Vaishnaw.

(PTI)

The central government will spend ₹4,500 crore over the three years to modernize state-run Semi-Conductor Laboratory (SCL) in Mohali, electronics and IT minister Ashwini Vaishnaw told reporters on the sidelines of the chips-to-startup programme at the facility on Friday.

The Centre plans to fund the investment from the ₹76,000 crore India Semiconductor Mission (ISM 1.0), which was launched in 2021.

“The investment will help in SCL modernization. The plan is to scale up the current production level by 100 times and create new IPs (intellectual property),” he said.

For further expansion of SCL Mohali, Vaishnaw said there is a requirement for 25 acres of land. “We have urged the Punjab government that we need 25 acres of land. The sooner they give, the more it will help in the modernization and expansion of SCL Mohali.”

Mint had reported on 10 July that a 26-acre land parcel near the SCL facility in Mohali has emerged as a potential hurdle in the Centre's plan to modernize the decades-old plant with advanced chip technology.

Owned by the Punjab government, the land was identified by the Centre-run facility over a year ago for its expansion and the addition of new fabrication lines.

MÁS HISTORIAS DE Mint Mumbai

Mint Mumbai

Indian IT slashes spending on US lobbying on H-1B visa blues

The Indian IT industry has been lowering its lobbying spends in the US in recent years, according to filings made to the US House of Representatives and accessed by Mint.

time to read

2 mins

November 29, 2025

Mint Mumbai

Mint Mumbai

Ahead of its IPO, Meesho bets on tech for stability

From a WhatsApp-based reseller platform a decade ago, Meesho’s journey to become the country’s first multi-category online retailer to debut on the bourses underscores the untapped potential for growth beyond the top-tier cities.

time to read

2 mins

November 29, 2025

Mint Mumbai

Mint Mumbai

Former DBS CEO is Temasek India's new non-exec chair

Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-exec role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said. He will join on 1 December.

time to read

1 mins

November 29, 2025

Mint Mumbai

Q2 GDP surprises at 8.2% growth, rate cut unlikely

The number exceeds both the RBI's projection and the estimate from a Mint poll

time to read

3 mins

November 29, 2025

Mint Mumbai

Mint Mumbai

Europe fears it can't catch up in great power competition

In the accelerating contest between great powers, Europe is struggling to keep up.

time to read

4 mins

November 29, 2025

Mint Mumbai

LIC’s response to voting on RIL, Adani resolutions

A Mint story on Friday reported how Life Insurance Corp. of India Ltd, or LIC, had approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected similar proposals at other large companies.

time to read

1 min

November 29, 2025

Mint Mumbai

Mint Mumbai

'The Family Man' S3: Agent down

The new season of the popular spy thriller series starring Manoj Bajpayee feels like a hedged bet

time to read

4 mins

November 29, 2025

Mint Mumbai

Fiscal deficit widens on higher capex, lower tax

India’s fiscal deficit for the April-October period rose on higher capital expenditure and lower net tax revenue.

time to read

2 mins

November 29, 2025

Mint Mumbai

Reels, reacjis & conversations with friends

Emojis, GIFs, stickers, reacjis and Al-generated suggestions occupy the spaces where sentences framed by humans once thrived, leaving us to contend with how this changes the way we express, connect with, and understand each other and ourselves

time to read

4 mins

November 29, 2025

Mint Mumbai

The miseries of convention

Parades, rainbow-coloured flags and conferences, while critical to claiming space and reinforcing the importance of inclusion and equality, often camouflage the fact that for many in the LGBTQ+ community, there is no option of stepping into the light, even in cities, even with financial independence.

time to read

1 min

November 29, 2025

Listen

Translate

Share

-
+

Change font size