Major semiconductor investments and events announced in India:
Investments
- Micron Technology: In February 2022, Micron Technology announced plans to invest $825 million in a new semiconductor assembly and test facility in Gujarat, India. The facility is expected to create over 3,000 jobs and will be operational by 2024.
- Vedanta: In December 2022, Vedanta announced plans to invest $19.5 billion in a new semiconductor manufacturing complex in India. The complex will include a fab, a packaging and testing facility, and a design center. The fab is expected to be operational by 2027.
- Foxconn: In March 2023, Foxconn announced plans to invest $1 billion in a new semiconductor manufacturing facility in India. The facility will be located in Karnataka and will create over 10,000 jobs.
- Applied Materials: In April 2023, Applied Materials announced plans to invest $400 million in a new collaborative engineering center in Bengaluru, India. The center will focus on developing new semiconductor manufacturing technologies.
Events
- Semicon India 2023: In July 2023, the Indian government will host the Semicon India 2023 event in Gandhinagar, Gujarat. The event will bring together semiconductor companies, government officials, and investors to discuss the future of the semiconductor industry in India.
- India Semiconductor Mission (ISM): In September 2022, the Indian government launched the India Semiconductor Mission (ISM). The ISM is a $10 billion program that aims to make India a global hub for semiconductor manufacturing and design.
These are just a few of the major semiconductor investments and events that have been announced in India. These investments are a sign of the growing importance of the semiconductor industry in India. The Indian government is committed to making India a global hub for semiconductor manufacturing and design, and these investments are a step in the right direction.
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