Semi Conductor // current affairs
Channel: The Updated Youth
Date: 2021-08-20

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Tata group Chairman N Chandrasekaran created a stir when he announced that the salt-to-automobiles conglomerate may enter the semiconductor business. This is certainly a courageous step given India’s unsuccessful trysts with the industry (see table). But when a conglomerate of the size and  stature of the Tata group makes an announcement to this effect, it needs to be taken seriously. It is the first big Indian corporate house to enter this business and has taken preliminary steps to get going. “The group is roping in the best talent in the semiconductor business and setting up a plant to manufacture sophist­icated components for mobile phones,” said Satya Gupta, former chairman of India Electronics and Semiconductor Association (IESA). 
FAB TALES FROM INDIA
 2007: Intel shows interest in setting up fab plant, but
 chooses China and Vietnam because Indian government incentives are   unattractive.
 2013: Government clears two fab projects: one by Jaypee group with an investment of Rs 26,300 crore; the other by Hindustan Semiconductor Manufacturing Corporation. Both cannot show proof of funding
 2020: Government floats EoI inviting applications from global and Indian companies to set up semiconductor fab plants. Response is lukewarm
 2021: Tata group says it is mulling entry into semiconductor business.


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