Articles for tag: Adani, Ambitious, Billion, Dominate, Indias, Investment, Maharashtra, Market, Push, Semiconductor, Semiconductors, Signals, Tower

Adani and Tower Semiconductor’s $10 billion investment in Maharashtra signals India’s ambitious push to dominate the semiconductor market.

Israel’s Tower Semiconductor and India’s Adani Group are set to invest $10 billion (approximately 839.47 billion rupees) in a new semiconductor project in Maharashtra. This initiative aligns with Prime Minister Narendra Modi’s vision to establish India as a global chip-making hub, despite facing challenges including Foxconn’s withdrawal from a previous joint venture. The new plant ...