Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Tower-Adani JV to set up USD 10-bln semiconductor plant in Maharashtra

Friday, 06 Sep 2024
Share this on :

Maharashtra Cabinet panel on 05 September, 2024 approved a USD 10-billion (Rs 83,947 crore) investment proposal by the Tower Semiconductor-Adani Group joint venture (JV) to set up a semiconductor chip manufacturing plant in Panvel in Raigad district.

The semiconductor manufacturing unit at Taloja will have a total capacity of 40,000 wafer starts per month (WSPM) in the first phase and an overall capacity of 80,000 WPSM. Of the total investment in the project, the first phase will see an infusion of Rs 58,763 crore, and the remaining Rs 25,184 crore in the second phase. However, currently a joint application by Israel's Tower Semiconductor and Adani Group is under consideration by the India Semiconductor Mission (ISM) and the IT Ministry.

If approved, the project will be India's second chip manufacturing facility.  Earlier this week, the Union Cabinet had approved a Rs 3,307-crore outsourced assembly and testing unit proposal by Mysore-based Kaynes Semicon. 

Of the five centrally approved semiconductor projects, a chip fabrication unit is being set up at Dholera in Gujarat, and chip packaging units are being set up at Sanand in Gujarat and one at Morigaon in Assam. These involve a cumulative investment of Rs 1.50 lakh crore.

New Password
Confirm Password