“IESA warmly congratulates Tower Semi and Adani group and RRP Electronics, a valued IESA member, on the Maharashtra Govt Cabinet’s approval of their semiconductor units in Maharashtra. This milestone highlights the ongoing progress in advancing India’s semiconductor ecosystem and strong interest by Indian entrepreneurs targeting the upcoming 1 Trillion USD market by 2030, commented Ashok Chandak , President IESA.
Mr. Ashok Chandak, President of IESA
The new facilities coming up in Panvel and Taloja, close proximity to the Mumbai-Pune industrial corridor. With approvals now granted for five major semiconductor projects—TATA, Micron, Renesas-CG Power and Kaynes—each from IESA members, and these two by Maharashtra government , this underscores the IESA community’s commitment to establishing India as a leading force in the ESDM sector”.