Adani Group and Tower Semiconductor to build $10B chip plant in Maharashtra

Maharashtra's cabinet approved Adani Group's proposal to set up an INR 83,947 Cr ($10 Bn) semiconductor manufacturing plant with Israel's Tower Semiconductor in Panvel, Maharashtra. The plant will be completed in phases, with phase 1 capacity of 40,000 wafers per month and phase 2 increasing to 80,000 wafers per month, creating 5,000 jobs.

“Maharashtra's cabinet has approved Adani Group's proposal to set up an INR 83,947 Cr ($10 Bn) semiconductor manufacturing plant with Israel's Tower Semiconductor in the state.”inc42.com

• 1 source
• inc42.comMaharashtra Approves Adani-Tower Semiconductor’s $10 Bn Chip Manufacturing PlantBhupendra PaintolaSep 6, 2024

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