Tower Semiconductor to Set-up $8 Billion Fabrication Plant in Country

Published On: February 12, 2024 - In a boost to India’s chipmaking ambitions, Israel’s Tower Semiconductor has submitted a proposal to set up an $8 billion chips making plant in India, as per reports. Earlier, in Oct 2023, MoS IT Rajeev Chandrasekhar had met with Tower Semiconductor’s CEO Russel C Ellwanger to discuss its partnership with India in the chip manufacturing space. Join News9’s Shweta Kothari and Kartik Malhotra for more details on the story.