Semiconductor Dream Gets Real
India’s top companies are making bold moves in the semiconductor space, seizing the momentum of the global “chip gold rush.”
India’s top companies are making bold moves in the semiconductor space, seizing the momentum of the global “chip gold rush.”
The top gainers on the BSE Sensex pack were Tata Steel, JSW Steel, Larsen & Toubro, Titan Company, and ICICI Bank, rising in the range of 3-5%.
CG Power, in partnership with Renesas Electronics Corporation of Japan and Stars Microelectronics of Thailand, will set up a semiconductor unit in Sanand, Gujarat.
Semiconductor fab in Gujarat's Dholera will see an investment of ₹91,000 crore.
Shares of CG Power and Industrial Solutions jump 20% to hit a 52-week high of ₹469.35.
The Sensex and Nifty are poised to rise, tracking positive cues from global peers and strong trends on SGX Nifty futures.