New Delhi, June 30 (IANS) The Finance Ministry’s Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0, paving the way for the next phase of the country’s semiconductor manufacturing push, according to a report in NDTV Profit.The proposal was cleared by the committee last week and will now be sent to the Union Cabinet for final approval.The proposed outlay marks a significant increase from the Rs 76,000 crore allocated as p…
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New Delhi, June 25 (IANS) US-based technology giant IBM on Thursday unveiled what it described as the world’s first sub-1 nanometre (nm) chip technology, a major breakthrough for the semiconductor industry as it approaches the physical limits of conventional chip scaling.The new chip is built on a 0.7 nm, or 7-angstrom, process node and features a novel three-dimensional transistor architecture called nanostack, according to the company.The chip enables continued improvements in performance and …
New Delhi, Feb 8 (IANS) The manufacturing of electronic components is growing rapidly and 46 approvals have been granted — with Karnataka is set to receive investments exceeding Rs 10,000 crore, according to Union Minister Ashwini Vaishnaw.In Budget 2026-27, Finance Minister Nirmala Sitharaman increased the budget for the electronic component manufacturing scheme from Rs 22,000 crore to Rs 40,000 crore. This will significantly accelerate the electronics manufacturing journey. “Our Prime Mini…
Bengaluru, Feb 7 (IANS) Union Minister for Railways, Electronics and Information Technology Ashwini Vaishnaw, on Saturday, appealed to the Congress-led government in Karnataka not to adopt a narrow-minded approach. Saying that the Centre believes in cooperative federalism, the Union Minister called upon all stakeholders to work together towards making India a Viksit Bharat by 2047.He made the statement after inaugurating the ‘Zetwerk Electronics’ manufacturing facility at the KIADB Hi-Tech Hardw…