Articles for tag: Adani, Approves, Billion, Boosting, Capacity, Chip, Indias, Jobs, Maharashtra, Plant, Production, Promising, Semiconductor, Tower

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Maharashtra approves a  billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra approves a $10 billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...

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Trade Minister Piyush Goyal advocates for a border adjustment tax to protect India’s steel industry from predatory imports and boost production.

Trade Minister Piyush Goyal advocates for a border adjustment tax to protect India’s steel industry from predatory imports and boost production.

Trade Minister Piyush Goyal recently proposed a border adjustment tax (BAT) to protect India’s steel industry from cheap imports. Speaking at a steel conclave, he emphasized the need for this tax to level the playing field, as Indian producers face higher costs due to local taxes. However, some experts suggest that BAT might only slightly ...

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Revolutionary Gene-Editing Promises Climate-Resilient Milk Production in India

Revolutionary Gene-Editing Promises Climate-Resilient Milk Production in India

The National Dairy Research Institute (NDRI) in Karnal has made a significant breakthrough in dairy farming by developing a gene-edited embryo using CRISPR technology. This innovation aims to enhance milk production’s resilience against climate change, ensuring steady supplies even in extreme weather. The next step involves implanting the edited embryo into a female buffalo for ...

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Reliance Triumphs in EV Battery Production Bid, Boosting India’s Green Future

Reliance Triumphs in EV Battery Production Bid, Boosting India’s Green Future

Reliance Industries has won a bid to produce electric vehicle (EV) batteries under India’s production-linked incentive scheme. The government announced this on September 4, 2024. Reliance can manufacture up to 10 gigawatts of advanced chemistry cells (ACCs), which are essential for EVs. They outperformed six competitors, including Amara Raja Energy and JSW Energy. This initiative ...

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