In this context, software development, a key component of the Indian tech industry, has experienced remarkable growth, cementing its position as a global IT powerhouse. According to NASSCOM trade association, India’s software and services exports to reach Rs146 billion during 2020-2021.
All the schemes or incentive programmes will get investments in new technologies and slowly and steadily more companies are looking at India. India is becoming a preferred destination. We will soon catch up. It is going to be the Indian century.
With the BJP yet to elect its Leader of Opposition in the Assembly, the industrialists might have opted to approach Kumaraswamy to take up the issue with the Siddaramaiah government. A delegation of about 57 members, led by Director General of the Confederation of Indian MSME in ESDM and IT, Jairaj Srinivas, appealed to Kumaraswamy to intervene in the matter.
Apart from Micron, Applied Materials, the world’s leading maker of precision equipment, has announced its intent to invest more than Rs400 million to set up a collaborative engineering centre in Bengaluru. The company plans to develop subsystems and components used for semiconductor manufacturing, apart from developing talent for thesemiconductor industry.
Apart from Micron, Applied Materials, the world’s leading maker of precision equipment, has announced its intent to invest more than Rs400 million to set up a collaborative engineering centre in Bengaluru. The company plans to develop subsystems and components used for semiconductor manufacturing, apart from developing talent for thesemiconductor industry.
Nivruti Rai, Intel’s country head for India and VP of the chip maker’s foundry services, has quit after 29 years with the company. Media reports have said that she may be joining as head of Invest India, the national investment promotion and facilitation agency that helps investors looking for investment opportunities and options in India.
Intel country head resigns, may lead Invest India – Times of India Read More »
Minister of State for IT & Electronics Rajeev Chandrasekhar said that following PM Narendra’s Modi’s visit to the US and his meetings with President Joe Biden, an estimated 80,000 new jobs are likely to be created after big-ticket announcements by players including Micron, Applied Materials, and Lam Research.
Micron to start production by Dec ’24; sprout 200 small units – Times of India Read More »
Applauding this announcement, Sanjay Gupta, Chairperson of India Electronics and Semiconductor Association, said: This momentous decision marks a significant milestone for the Indian semiconductor industry and validates the country s dedication to becoming a global leader in advanced semiconductor manufacturing.
The signing of the MoU on the Semiconductor Supply Chain and Innovation Partnership will build on the low-hanging fruits and gaps in the global supply-chain regime. Micron Technology’s intent to invest Rs825 million to create a new semiconductor assembly and test facility in India with support from the Indian government is an important step.
Tech It Away, Sam, Shyam – The Economic Times – Mumbai Read More »
The signing of the MoU on the Semiconductor Supply Chain and Innovation Partnership will build on the low-hanging fruits and gaps in the global supply-chain regime. Micron Technology’s intent to invest Rs825 million to create a new semiconductor assembly and test facility in India with support from the Indian government is an important step.
Tech It Away, Sam, Shyam – The Economic Times – Delhi Read More »
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