Govt approves Kaynes' proposal for Rs 3,307 Cr semiconductor unit at Sanand

Quick Summary:

Kaynes Semicon has already acquired land in Sanand, Gujarat for the project, and construction will start soon.

The minister said that the progress of Tata's fab, a complex project, has been "very good", and added that land has been allocated, and geotechnical investigations are done.

The electronics manufacturing sector alone is growing at nearly 17-18% CAGR, he said, emphasising the sheer demand for chips in India.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: IndiaTaiwan

Topics: Kaynes Plant Chips India Electronics Industry Manufacturing Project Large Semiconductor Minister

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 06:12:13 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 877 words

Reading Time: 5 minutes read

Sentences: 51 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22342139

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 11 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions