= Microsoft Corp. said it has begun warning organizations that they were targets of the same Russian-sponsored group that hacked into its executives' emails late last year.
Tata Group plans to build semiconductor plant in Gujarat
10.01.2024 - 08:53 / tech.hindustantimes.com / Narendra Modi
At an investment summit on Wednesday, Tata Sons chairman Natarajan Chandrasekaran said that the Tata Group is close to announcing plans to develop a semiconductor fabrication plant in Gujarat. This is the second big move by Tata in the span of a few months after it became the first Indian company to manufacture iPhones after acquiring the Wistrom plant near Bengaluru for approximately $125 million.
The comments came at the Vibrant Gujarat Global Summit, a business event being held in Prime Minister Narendra Modi's home state in one of his last major efforts to draw investments before a re-election bid.
Chip manufacturing is a key plank of Modi's business agenda, but initial bids to offer $10 billion in incentives to the chipmaking industry have floundered, with some proposals stalled or cancelled.
Tata Group "is on the verge of concluding and announcing a huge semiconductor fab in Dholera (of Gujarat), and we are about to complete this negotiations and start in 2024," Chandrasekaran said.
Tata Group will also begin construction of a 20 gigawatts battery storage factory in Gujarat in the next couple of months, he added.
At the summit, South Korea's Simmtech said it would open a chip component plant in Gujarat alongside the upcoming semiconductor testing and packaging facility of U.S. chipmaker Micron.
(With inputs from Reuters)
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