The Union Cabinet chaired by Prime Minister Narendra Modi approved Kaynes Semicon Pvt Ltd to set up a semiconductor unit in Sanand, Gujarat with an investment of ₹3,300 crore. The unit will produce 60 lakh chips per day, catering to industries like automotive, electric vehicles, telecom, and consumer electronics. This approval is part of the Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India, initiated in December 2021 with an outlay of ₹76,000 crore. In June 2023, the first semiconductor unit in Sanand was approved, followed by three more in February 2024. Tata Electronics is setting up a semiconductor fab in Dholera, Gujarat, and CG Power is establishing a unit in Sanand. The total investment for these four semiconductor units is approximately ₹1.5 lakh crore, with a combined capacity of 7 crore chips per day. The construction of all units is progressing rapidly, contributing to a robust semiconductor ecosystem in the region.
Which state is known for originating the Narasapur crochet lace, a craft that has been awarded a Geographical Indication (GI) tag in March 2024?
Which city is the headquarters of the North Eastern Railway zone?
What is the new name of Magma Fincorp?
Karma is a folk dance of which place of Uttar Pradesh?
What musical instrument is Ustad Bismillah Khan famously associated with?
Which country topped the Stockholm International Peace Research Institute (SIPRI) list as the largest arms importer during 2019-2023?
Where is the Central Institute of Indian Languages (CIIL) located?
Basohli Paintings have been recently provided with the Geographical Indication (GI) Tag.Where do these paintings belong to ?
Indian Science Congress 2023 was addressed by the Prime Minister Narendra Modi via video conferencing on 3rd January, it was ______ edition.
What is 'monetary policy' and who implements it?
