We cannot imagine a world without smartphones, laptops, or home appliances, can we? Behind all these devices lies an invisible hero, the semiconductor. This tiny chip controls how we live,

The Vedanta Group and Foxconn both known companies have independently applied to the Indian government to set up semiconductor manufacturing facilities in India.

The government has been notified that Taiwanese technology firm Foxconn plans to establish at least four to five semiconductor manufacturing facilities in India, according to individuals with knowledge of the issue.

According to persons in the know, India is prepared to take a $3 billion investment from US semiconductor maker Micron in order to build an OSAT facility—an outsourced semiconductor assembly and test facility—with at least four production lines.