Vedanta, Foxconn to invest Rs 1.54 lakh crore to set up semiconductor ecosystem in Gujarat

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Introduction
The small but mighty semiconductor has become an essential part of our high-tech world. Commonly called integrated circuits (ICs) or microchips, semiconductors are used in an ever-growing number of consumer, commercial, and industrial products. Although the landscape of end-uses is diverse, they all share a common thread: the need for electrical properties specific to the application. This paper discusses the needs and means of testing for impurities in raw materials, R&D, wafer production, process and cutting and discusses many of the challenges of the semiconductor industry including employee health and safety, waste management, trends, and more.

Express News Service | Published: 13th September 2022 06:17 PM

NEW DELHI: The Anil Agarwal-led Vedanta Limited and Foxconn Group will invest more than Rs 1.54 lakh crore to set up a semiconductor ecosystem in Gujarat.
The oil-to-metals conglomerate said Vedanta Displays Limited will set up a Display Fab Unit with an investment of Rs 94500 crore and Vedanta Semiconductors Limited will set up an integrated Semiconductor Fab Unit and OSAT (Outsourced Semiconductor Assembly and Test) facility with an investment of Rs 60000 crore.
"Thus two MoUs, together, will bring in an investment of more than Rs 1.54 lakh crore and generate around 1 lakh new employment opportunities in the state," said the company in a statement.
Vedanta and Foxconn Group entered into two Memorandums of Understanding [MoUs] with the Government of Gujarat on September 13, 2022.
The company said Vedanta and Taiwan-based Foxconn Group will work closely with the state government to establish high-tech clusters with requisite infrastructure, including land, semiconductor-grade water, high-quality power, logistics, and a skill ecosystem.
"It is a step in the right direction for Gujarat helping towards building a one trillion-dollar digital national economy," said Electronics and Information Technology minister Ashwini Vaishnav.
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Brain Ho from Foxconn said the decision of finalising Gujarat for the prospective Semiconductor and Display fab units was a culmination of extensive analysis of possible project sites in India and across the world, with sectoral experts weighing a multiplicity of factors before the decision was made.
The proposed semiconductor manufacturing fab unit will operate on the 28nm technology nodes with a wafer size of 300mm; and the display manufacturing unit will produce Generation 8 displays catering to small, medium and large applications.
To make India a global semiconductor chip manufacturer, the government has notified four schemes with an outlay of Rs 76,000 crore.
"Gujarat has had a long history of having an investor-friendly atmosphere and a robust manufacturing base. Additionally, the recent notified semiconductor policy with excellent incentives on capital expenditure, land, water and power has made Gujarat a very compelling choice for his company's huge foray into the semiconductor manufacturing sector," said Vedanta Group Chairman Anil Agrawal.
IC 50 demonstrates the rise of Asia's semiconductor industry
Asia dominates the semiconductor manufacturing sector with leading companies, Samsung, TSMC and SK Hynix. Based on the IC 50 ranking, conducted by DIGITIMES Asia in 2022, we have summed up the following key findings:

Finding 2: China, Japan, and Korea surpass Taiwan in revenue growth
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