Business

  BENGALURU: Indian oil and metal major Vedanta has said the company has been offered free land, up to 350-acres, by several states in the country as it bids to enter the semiconductor and display fabrication industry with Taiwan major Foxconn which will also make it India’s first chipmaker. Foxconn is the company behind the […]

BENGALURU: Consider this: You pick up any mobile phone or a smart wearable device and there’s a 90 per cent chance it contains at least one IIT Madras processor from India in the next five years. After producing the indigenous industrial-grade microprocessor Shakti in 2018, India is on course to roll out an n-core processor […]

  NEW DELHI: Rs 5,551 crore of Chinese smartphone maker Xiaomi Technology India has been seized by the Enforcement Directorate (ED), the agency said on Saturday. The action has been taken under the provisions of the Foreign Exchange Management Act (FEMA), 1999. A source in the ED said that Xiaomi India is a wholly-owned subsidiary […]

BENGALURU: SEMI, a leading global industry association of companies from the semiconductor, electronics design and manufacturing supply chain, and ELCINA, a leading association of electronics manufacturers in India, have agreed to join forces to promote the semiconductor and electronics industry. They also aim to majorly boost investments in India by supporting investors to garner benefits […]

  As India flagged off the country’s first Semicon, a three-day mega event in India’s Bengaluru to bring together heads of several semiconductor companies, The New Indian’s Executive Editor Rohan Dua caught up with All India Council For Technical Education (AICTE) chairman Prof Anil D Sahasrabudhe, who once served as Professor of Mechanical Engineering at […]