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manufacturing Sector News & Updates - December 21, 2024



GIDA gears up to allocate 253 industrial plots
Manufacturing   -  Jul 03,2023
The Gorakhpur Industrial Development Authority (GIDA) aims to accelerate the establishment of industries to achieve a trillion-dollar economy within five years. GIDA plans to allocate 253 industrial p .


Gujarat govt inks deal for semiconductor assembly and testing plant at Sanand
Manufacturing   -  Jun 29,2023
The Gujarat government and Micron signed an MoU for a $2.75 billion semiconductor assembly and testing plant in Sanand. The plant aims to address India's reliance on imported semiconductor chips .


Chinese firm to form JV With Telangana-based company
Manufacturing   -  Jun 29,2023
Resojet Pvt Ltd and TCL Electronics Holding Limited are forming a joint venture to establish a state-of-the-art consumer electronics manufacturing plant in Telangana, India. The memorandum of underst .


Prominent JV resubmits application to establish manufacturing unit incentives
Manufacturing   -  Jun 28,2023
The Vedanta-Foxconn joint venture has resubmitted an application to establish a chip manufacturing facility in India. Their previous application failed to qualify for financial incentives due to a lac .


Government approves $2.7 bn semiconductor packaging plant in Gujarat
Manufacturing   -  Jun 23,2023
Micron Technology has received approval from the Indian cabinet to invest $2.7 billion in a semiconductor testing and packaging facility in Gujarat. The government will provide production-linked ince .


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