The government plans to invest Rs 4,500 crore to modernise state-owned chip company Semi-Conductor Laboratory (SCL) over the next three years, union minister Ashwini Vaishnaw said on Friday.
Semi-Conductor Laboratory (SCL), an autonomous body under the Ministry of Electronics and Information Technology (MeitY), is the only integrated device manufacturing facility in the country providing end-to-end solutions for the development of Application Specific Integrated Circuits (ASICs), opto-electronics devices, and Micro Electro Mechanical System (MEMS) devices.
The minister said that the centre has requested the Punjab government for a 25-acre parcel of land to support the expansion.
“SCL will be modernised with an investment of Rs 4,500 crore over a period of the next three years,” Vaishnaw said at the device handling ceremony here.
He said SCL will play a significant role in realising the vision of Prime Minister Narendra Modi for semiconductors and assured that there is no question oThe government plans to invest Rs 4,500 crore to modernise state-owned chip company Semi-Conductor Laboratory (SCL) over the next three years, union minister Ashwini Vaishnaw said on Friday.
Semi-Conductor Laboratory (SCL), an autonomous body under the Ministry of Electronics and Information Technology (MeitY), is the only integrated device manufacturing facility in the country providing end-to-end solutions for the development of Application Specific Integrated Circuits (ASICs), opto-electronics devices, and Micro Electro Mechanical System (MEMS) devices.
The minister said that the centre has requested the Punjab government for a 25-acre parcel of land to support the expansion.
“SCL will be modernised with an investment of Rs 4,500 crore over a period of the next three years,” Vaishnaw said at the device handling ceremony here.
He said SCL will play a significant role in realising the vision of Prime Minister Narendra Modi for semiconductors and assured that there is no question o Latest News [ SOBAN NEWS: International and National ]