Gandhinagar, Feb 26 (IANS) The Gujarat government has completed the auction of a five-acre plot in the Sanand Industrial Estate for the construction of a premium hotel, officials said on Thursday. The move is aimed at strengthening social infrastructure around the state’s expanding semiconductor and manufacturing hub.Officials said the e-auction for a 20,168.54 square metre plot in the Sanand-2 Industrial Estate concluded on December 22 last year.The plot had been specially reserved for the de…
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Gandhinagar, Feb 26 (IANS) Prime Minister Narendra Modi will inaugurate an advanced semiconductor Assembly, Testing, Marking and Packaging (ATMP) facility in Sanand on February 28.The inauguration is said to mark a significant step in India’s semiconductor manufacturing ambitions under the National Semiconductor Mission.The Sanand unit, established by Micron Semiconductor Technology India Pvt. Ltd., has been developed with an investment of Rs 22,516 crore.The facility will undertake assembly, …
Gandhinagar, Feb 25 (IANS) Gujarat will host the third edition of the Semiconnect Conference on March 1 in Gandhinagar, bringing together global semiconductor chief executives, policymakers and industry leaders to discuss India’s expanding role in the global value chain.The two-day conference is being organised by the state’s Department of Science and Technology and the Gujarat State Electronics Mission (GSEM).The event is in line with Prime Minister Narendra Modi’s call for achieving self…
Seoul, Dec 23 (IANS) Foreign investors are snapping up tech and auto shares in the local stock market, possibly becoming net buyers a month after turning to net selling, data showed on Tuesday.Foreign investors purchased a net 1.9 trillion won (US$1.3 billion) in the larger Korea Stock Price Index (KOSPI) market from Dec. 1 through Monday, according to the data from the Korea Exchange, the country’s main bourse operator, reports Yonhap news agency.It marks a sharp turnaround from November, when …