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Recently the International Semiconductor Consortium ISMC announced to invest three billion US dollars in _____________ to set up a chip-making plant under the Central Government’s Indian Semiconductor Mission.
  • a)
    Telangana
  • b)
    Maharashtra
  • c)
    Karnataka
  • d)
    Odisha
  • e)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Recently the International Semiconductor Consortium ISMC announced to...
  • The International Semiconductor Consortium ISMC will invest three billion US dollars in Karnataka to set up a chip-making plant.
  • In rupees, it will be an investment of about 22,900 crores.
  • This will be India’s first semiconductor fabrication unit that is expected to generate over 1500 direct jobs and 10,000 indirect jobs.
  • An MoU was signed today in Bengaluru in this regard with the state government. The ISMC has requested 150 acres of land in the Kenchanahalli Industrial area in Mysuru.
  • The unit will be set up under the Central Government’s Indian Semiconductor Mission.
  • ISMC is a Joint venture company between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor.
  • India's semiconductor market is forecast to grow to 63 billion dollars by 2026 from 15 billion dollars in 2020
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Recently the International Semiconductor Consortium ISMC announced to invest three billion US dollars in _____________ to set up a chip-making plant under the Central Government’s Indian Semiconductor Mission.a)Telanganab)Maharashtrac)Karnatakad)Odishae)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
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