India s semiconductor mission: Impact of semiconductor sector on Indian economy sentinelassam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sentinelassam.com Daily Mail and Mail on Sunday newspapers.
This plant is proposed to be developed as a pure-play foundry that rolls out semiconductor wafers for a number of industries, including high-performance computing, display drivers and microcontrollers (MCU).
The stock has been on the rise since the beginning of February following reports that the government has received nine bids from companies including Tata Group and Tower Semiconductor for the overhaul of its Semiconductor Laboratory (SCL) in Mohali.
But if theres one thing that has come to the fore this week, it s compliance and governance issues at startups. When companies are in the nascent stage they can get lax on setting up internal controls, but once you scale it becomes a different proposition altogether.