Tata, Cyient, Applied Materials secure ₹4,500 cr semiconductor upgrade
pre-market1 source ↓written by the desknot a recommendation
- mandate
- ₹4,500 cr
- to boost production
- 8-inch CMOS wafer fabrication line
Tata Semiconductor Manufacturing, Cyient Semiconductors, and Applied Materials have won a ₹4,500 cr mandate for the upgrade of the Semi-Conductor Laboratory (SCL) in Mohali. This initiative is crucial for enhancing India's semiconductor manufacturing capabilities and will keep SCL under government ownership while leveraging private partnerships.
The upgrade includes improving SCL's 8-inch CMOS wafer fabrication line to boost production scale. 📈
Not investment advice. For informational purposes only.