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Semikart is a pioneer and a leading company in the Indian e-commerce of electronic components.
April, 2024
India set to become global semiconductor manufacturing destination: Industry
The Indian government's approval of three semiconductor manufacturing units, with an investment totaling Rs 1.26 lakh crore, marks a significant milestone towards achieving self-sufficiency and positioning India as a global hub for chip manufacturing. This endorsement by the Union Cabinet is a testament to the country's committed efforts to reduce its reliance on chip imports and foster a robust semiconductor ecosystem.
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Sanjay Gupta steps into a pivotal role at L&T Semiconductor Technologies
Sanjay Gupta has been announced as the new lead for L&T Semiconductor Technologies, taking charge of both national and international semiconductor research and development initiatives. With an investment of Rs 830 crore last year, L&T Semiconductor Technologies is poised for innovation in semiconductor design, particularly for the automotive and industrial sectors. Gupta's extensive experience, including his tenure at Minda Corporation and roles at Motorola and Freescale Semiconductor, positions him well to drive L&T's ambitions in tapping into the vast potential of the semiconductor market.
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The Indian semiconductor industry is not a risky business anymore, says Union Minister Rajeev Chandrasekhar
Union Minister Rajeev Chandrasekhar recently articulated a significant stride towards realizing India's longstanding ambition to become a key player in the semiconductor industry. The Indian government has given the green light to the establishment of one fabrication unit alongside two additional facilities dedicated to testing and packaging. This development not only signals the fruition of India's semiconductor aspirations but also underscores the sector's transition from a high-risk venture to a promising industrial domain. The Minister of State for Electronics & Information Technology shared these insights, shedding light on the strategic direction and plans for India's semiconductor industry in an engaging dialogue with Business Today
US, Mexico to partner on semiconductor supply chain development.
In a move aimed at diversifying the semiconductor supply chain away from China and Taiwan, the United States has announced a collaborative venture with Mexico. As part of the US CHIPS Act of 2022, which allocates a $500 million fund for semiconductor supply chain development, this partnership seeks to capitalize on joint initiatives to enhance technological self-reliance and secure the semiconductor supply chain.
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