Vedanta Group
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India Started its Semiconductor Journey with SCL in 1984, even before TSMC was set up – What went Wrong? In 1984, India laid the foundation for its semiconductor dream by establishing Semiconductor Complex Limited (SCL) in Chandigarh. This bold move came three years before Taiwan’s TSMC, now a global leader in semiconductor manufacturing, was even founded. With strong engineering talent and a growing electronics market, India seemed poised to become a major player in… |
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After Tata Group, Vedanta Joins the Semiconductor Rat-race in India with an Investment of Rs 60,000 Crore Apart from partnerships, the funding will be made via debt and equity, while around 80 percent of production from the factory will be used for domestic purposes and the rest for exports After the government of India recently unleashed the Production Linked Incentive (PLI) scheme of Rs 76,000 Crore to boost semiconductor manufacturing cluster, India’s global business firm Vedanta Group… |
