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Tower Semiconductor and Adani Group to invest $10bn in semiconductor project
Earlier this year, Prime Minister Narendra Modi approved US$15.2 billion in investments for domestic semiconductor fabrication plants, including a significant proposal by Tata Group.
By João Marques Lima
Founder and Editor, The Tech Capital
3 Mins
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Israeli microchip manufacturer Tower Semiconductor (TLV: TSEM) and India's Adani Group (NSE: ADANIENT) have partnered to invest 839.47 billion rupees (US$10 billion) in a semiconductor project in Maharashtra, India.
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