[India] - Israel's Tower Semiconductor, Adani plan $10 bn chip task in India

INSUBCONTINENT EXCLUSIVE:
Semiconductors (Photo: Bloomberg)2 min read Last Updated : Sep 06 2024 | 5:35 PM IST Israel's Tower Semiconductor and Adani Group will
invest 839.47 billion rupees ($10 billion) for a semiconductor project in India's western state of Maharashtra, its chief minister said in a
last year from a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta, and plans by ISMC, a venture between Abu
Maharashtra will initially have a capacity of 40,000 wafers, the state's deputy chief minister Devendra Fadnavis said in a post on
Skoda-Volkswagen and Toyota-Kirloskar did not immediately respond to a request for comment from Reuters.First Published: Sep 06 2024 | 5:35
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