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<\/span><\/figcaption><\/figure>NEW DELHI: India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed, including billionaire Anil Agarwal<\/a>’s $19 billion plan, are taking time to get off the ground.

India plans to reopen the application process for $10 billion in incentives and assistance intended to encourage local chipmaking, people familiar with the matter said. It’s also keeping the process open-ended, doing away with a previous 45-day requirement for submission, they said, asking not to be named as the discussions aren’t public. That’s after an initial effort launched last year only attracted three applicants — all of which have made little progress so far.

India is joining countries including the US in trying to boost chip output<\/a> to reduce reliance on expensive imports and dependence on Taiwan and China. The effort has yet to result in any large global chip player moving base to the South Asian nation, underscoring the major challenge supply chain shifts involve.

To kick-start a domestic chip industry, Prime Minister Narendra Modi<\/a>’s government originally gave companies just 45 days, beginning January 1, 2022, to apply for fiscal support. The state pledged to fund as much as half the cost of building a chip fabrication plant. But the short window led to just a few applicants including a partnership between Agarwal’s Vedanta<\/a> Resources Ltd and Taiwan’s Hon Hai Precision Industry Co, and a consortium that includes Tower Semiconductor Ltd.

India now plans to allow companies to apply again and is set to accept applications until its budgeted $10 billion in incentives is exhausted, the people said. That means the Vedanta and Tower groups might not be the only ones racing to win federal support for chip plants. India’s salt-to-software Tata conglomerate has publicly voiced its ambitions to get into chipmaking.

India’s technology ministry didn’t respond to an email seeking comment.

Semiconductor production is an uphill task for metals and mining group Vedanta and its iPhone maker partner Hon Hai — neither has significant experience in manufacturing chips. Separately, Vedanta is also reeling under a heavy debt burden, which means Agarwal’s dream to build a chip plant hinges on government aid. The company is just weeks away from winning an in-principle or preliminary government nod, but ultimately obtaining the state funding requires further difficult steps, the people said.

Any chip project, including Vedanta’s, will have to make detailed disclosures including whether it has firm, binding agreements with a technology partner for production, as well as financing plans comprising equity and debt arrangements. The applicants also need to disclose the type of semiconductors they’ll make and their target customers. To qualify for the full 50% state support, a company needs to make chips using the relatively sophisticated 28-nanometer or more advanced technology.

In a statement, David Reed, chief executive officer of Vedanta’s semiconductor business, said the project is “on track,” with the venture breaking ground on a site in the fourth quarter of this year and earning revenue in the first half of 2027. He said partner Hon Hai, also known as Foxconn, has secured “production grade, high volume 40-nanometer technology” for the venture as well as “development grade 28-nanometer technology,” without disclosing where the tech is coming from.

“Foxconn and Vedanta are following the application process issued by the Indian government with confidence and partnership,” Reed said. “We have supplied all relevant information and eagerly wait for the final approval.”

Vedanta has been in talks with GlobalFoundries Inc. and STMicroelectronics NV to license chip fabrication technology, Bloomberg News reported previously. But Agarwal’s group is yet to name a tech partner. Also, the government considers Vedanta’s capital expenditure estimate of $10 billion inflated, people familiar with the matter have told Bloomberg News, but the company has said it is on par with other similar projects.

Separately, another chipmaking plan — a $3 billion investment for a fabrication unit in southern Karnataka state — stands stalled as the consortium technology partner Tower Semiconductor awaits guidance from new parent Intel<\/a> Corp., which is working to complete the acquisition.

Vedanta’s difficulties underscore how hard it is to set up new semiconductor plants, massive complexes that cost billions to construct and require very specialized expertise to run. Such facilities also rely on a large network of suppliers of everything from chemicals and machinery to electronic components, which hasn’t fully developed in India.

Meanwhile India’s consumption of chips is rising as electronics manufacturers are relocating assembly operations to the country to reduce reliance on China. India’s chip market is set to reach about $64 billion in 2026, triple what it was in 2019, according to Counterpoint Research.
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印度为100亿美元的芯片重新申请过程激励

印度计划重新申请过程为100亿美元的激励和帮助未来的芯片制造商。去年印度发起征文,但它只吸引了三个申请者,其中没有一个到目前为止已经取得了显著的进展。

  • 2023年5月10日更新吸点坚持
阅读: 100年行业专业人士
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新德里:印度将恢复其努力吸引未来的芯片制造商已经披露的国家项目,包括亿万富翁阿尼尔•阿加瓦尔190亿美元的计划,正在取得进展的时候了。

印度计划重新申请程序的100亿美元的激励和援助旨在鼓励当地芯片,知情人士说。这也是保持开放式的过程,做前45天的要求提交,他们说,要求不透露姓名的不公开的讨论。只在最初的努力去年推出了三个申请者——所有这些至今没有取得什么进展。

广告
印度加入国家包括美国在试图提振芯片输出减少依赖昂贵的进口,台湾和中国大陆的依赖。努力没有导致任何大型全球芯片玩家基地转移到这个南亚国家,强调供应链的变化涉及的主要挑战。

启动国内芯片行业,总理莫迪政府最初给公司45天,1月1日开始,2022年,申请财政支持。国家承诺基金一半的成本建立一个芯片加工厂。但短窗口导致几个申请人包括阿加沃之间的伙伴关系吠檀多资源有限公司和台湾的鸿海精密工业股份有限公司,和一个财团,包括塔半导体有限公司

印度现在计划让公司再次申请,将接受应用程序直到筋疲力尽,其预算100亿美元的激励。这意味着韦丹塔和塔团体可能不是唯一竞相为芯片工厂赢得了联邦政府的支持。印度塔塔集团salt-to-software公开表示其雄心进入芯片。

印度的技术部门没有回复寻求置评的电子邮件。

半导体生产是一项艰巨的任务对金属和矿业集团韦丹塔及其iPhone制造商鸿海精密的合作伙伴——制造芯片也有大量的经验。另外,韦丹塔也面临着沉重的债务负担,这意味着阿加瓦尔的梦想建立一个芯片工厂取决于政府援助。公司距赢得几周日前把或政府的初步点头,但最终获得国家资助需要进一步困难的步骤,。

广告
任何芯片项目,包括韦丹塔的,将不得不做出详细的披露包括是否有公司,约束力的协议与技术合作伙伴的生产,以及包括股票和债券融资计划安排。申请人还需要披露的类型半导体他们会和他们的目标客户。要符合国家支持完整的50%,一个公司需要让芯片使用相对复杂的胡伟武或更先进的技术。

大卫•里德在一份声明中,韦丹塔的半导体业务的首席执行官表示,该项目是“正轨”,企业网站上突破今年第四季度的收入在2027年上半年的收入。他说伙伴鸿海,也称为富士康,已获得“生产级,高容量的40纳米技术”的风险以及“发展等级胡伟武技术”,没有披露技术从何而来。

“富士康和吠檀多是印度政府发布的应用程序进程后,信心和伙伴关系,”里德说。“我们提供的所有相关信息,急切地等待最后的批准。”

吠檀多与GlobalFoundries inc .)和意法半导体公司股价一直在谈判授权芯片制造工艺,彭博新闻报道。乐动扑克但阿加沃集团是技术合作伙伴。同时,政府认为韦丹塔的估计的100亿美元资本支出膨胀,知情人士告诉彭博社消息,但该公司已表示,它正在与其他类似项目。乐动扑克

另外,另一个芯片计划——投资30亿美元制造单位在卡纳塔克邦南部——停滞的联盟技术合作伙伴塔半导体等待新父母的指导英特尔Corp .工作完成收购。

吠檀多的困难强调有多难设置新的半导体工厂,巨大的复合物,花费数十亿来构造并且需要非常专业的知识。这样的设施也依赖于大量的网络从化学和机械到电子元器件供应商,这在印度还没有发育完全。

同时印度的芯片正在上升的消费电子产品制造商组装业务转移到中国,以减少对中国的依赖。印度的芯片市场将在2026年达到约640亿美元,三是在2019年,根据对比研究。
  • 2023年5月10日发表12:05点坚持
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\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed, including billionaire Anil Agarwal<\/a>’s $19 billion plan, are taking time to get off the ground.

India plans to reopen the application process for $10 billion in incentives and assistance intended to encourage local chipmaking, people familiar with the matter said. It’s also keeping the process open-ended, doing away with a previous 45-day requirement for submission, they said, asking not to be named as the discussions aren’t public. That’s after an initial effort launched last year only attracted three applicants — all of which have made little progress so far.

India is joining countries including the US in trying to boost chip output<\/a> to reduce reliance on expensive imports and dependence on Taiwan and China. The effort has yet to result in any large global chip player moving base to the South Asian nation, underscoring the major challenge supply chain shifts involve.

To kick-start a domestic chip industry, Prime Minister Narendra Modi<\/a>’s government originally gave companies just 45 days, beginning January 1, 2022, to apply for fiscal support. The state pledged to fund as much as half the cost of building a chip fabrication plant. But the short window led to just a few applicants including a partnership between Agarwal’s Vedanta<\/a> Resources Ltd and Taiwan’s Hon Hai Precision Industry Co, and a consortium that includes Tower Semiconductor Ltd.

India now plans to allow companies to apply again and is set to accept applications until its budgeted $10 billion in incentives is exhausted, the people said. That means the Vedanta and Tower groups might not be the only ones racing to win federal support for chip plants. India’s salt-to-software Tata conglomerate has publicly voiced its ambitions to get into chipmaking.

India’s technology ministry didn’t respond to an email seeking comment.

Semiconductor production is an uphill task for metals and mining group Vedanta and its iPhone maker partner Hon Hai — neither has significant experience in manufacturing chips. Separately, Vedanta is also reeling under a heavy debt burden, which means Agarwal’s dream to build a chip plant hinges on government aid. The company is just weeks away from winning an in-principle or preliminary government nod, but ultimately obtaining the state funding requires further difficult steps, the people said.

Any chip project, including Vedanta’s, will have to make detailed disclosures including whether it has firm, binding agreements with a technology partner for production, as well as financing plans comprising equity and debt arrangements. The applicants also need to disclose the type of semiconductors they’ll make and their target customers. To qualify for the full 50% state support, a company needs to make chips using the relatively sophisticated 28-nanometer or more advanced technology.

In a statement, David Reed, chief executive officer of Vedanta’s semiconductor business, said the project is “on track,” with the venture breaking ground on a site in the fourth quarter of this year and earning revenue in the first half of 2027. He said partner Hon Hai, also known as Foxconn, has secured “production grade, high volume 40-nanometer technology” for the venture as well as “development grade 28-nanometer technology,” without disclosing where the tech is coming from.

“Foxconn and Vedanta are following the application process issued by the Indian government with confidence and partnership,” Reed said. “We have supplied all relevant information and eagerly wait for the final approval.”

Vedanta has been in talks with GlobalFoundries Inc. and STMicroelectronics NV to license chip fabrication technology, Bloomberg News reported previously. But Agarwal’s group is yet to name a tech partner. Also, the government considers Vedanta’s capital expenditure estimate of $10 billion inflated, people familiar with the matter have told Bloomberg News, but the company has said it is on par with other similar projects.

Separately, another chipmaking plan — a $3 billion investment for a fabrication unit in southern Karnataka state — stands stalled as the consortium technology partner Tower Semiconductor awaits guidance from new parent Intel<\/a> Corp., which is working to complete the acquisition.

Vedanta’s difficulties underscore how hard it is to set up new semiconductor plants, massive complexes that cost billions to construct and require very specialized expertise to run. Such facilities also rely on a large network of suppliers of everything from chemicals and machinery to electronic components, which hasn’t fully developed in India.

Meanwhile India’s consumption of chips is rising as electronics manufacturers are relocating assembly operations to the country to reduce reliance on China. India’s chip market is set to reach about $64 billion in 2026, triple what it was in 2019, according to Counterpoint Research.
<\/body>","next_sibling":[{"msid":100121582,"title":"Apple launches Final Cut Pro, Logic Pro for iPad at subscription of Rs 499\/month","entity_type":"ARTICLE","link":"\/news\/devices\/apple-launches-final-cut-pro-logic-pro-for-ipad-at-subscription-of-rs-499\/month\/100121582","category_name":null,"category_name_seo":"devices"}],"related_content":[{"msid":"100118018","title":"India renews call for chipmakers","entity_type":"IMAGES","seopath":"business\/india-business\/india-to-reopen-application-process-for-10-billion-in-chip-incentives\/india-renews-call-for-chipmakers","category_name":"India to reopen application process for $10 billion in chip incentives","synopsis":"The move is part of India's efforts to reduce dependence on Taiwan and China by growing its own chip output.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-53608\/100118018.cms?width=150&height=112","link":"\/image\/business\/india-business\/india-to-reopen-application-process-for-10-billion-in-chip-incentives\/india-renews-call-for-chipmakers\/100118018"}],"msid":100123365,"entity_type":"ARTICLE","title":"India to reopen application process for $10 billion in chip incentives","synopsis":"India plans to reopen the application process for $10bn in incentives and assistance for prospective chipmakers. India launched a call for submissions last year, but it only attracted three applicants, none of which have made significant progress so far. ","titleseo":"devices\/india-to-reopen-application-process-for-10-billion-in-chip-incentives","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":305,"shares":0,"engagementtimems":1454000},"Alttitle":{"minfo":""},"artag":"Bloomberg","artdate":"2023-05-10 12:05:35","lastupd":"2023-05-10 12:09:23","breadcrumbTags":["Chip incentives","Reliance Industries","vedanta","PLI","Narendra Modi","chip output","devices","chip making","Anil Agarwal","intel"],"secinfo":{"seolocation":"devices\/india-to-reopen-application-process-for-10-billion-in-chip-incentives"}}" data-news_link="//www.iser-br.com/news/devices/india-to-reopen-application-process-for-10-billion-in-chip-incentives/100123365">