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Industries Minister Sridhar Babu and NITI Aayog member VK Saraswat discuss building an ecosystem spanning research, design, manufacturing, packaging and testing.

A GIBA delegation, led by Kelsterbach Mayor Manfred Ockel, met the minister at the Secretariat on Monday. During the meeting, Sridhar Babu outlined investment opportunities in semiconductors.

Vijay said a semiconductor and electronics park would be set up to attract investment and boost Tamil Nadu’s share in the sector.

The Minister of State for Electronics and Information Technology, Jitin Prasada, said semiconductor manufacturing would have a cascading impact on employment across supply chains and other sectors.

The company aims to develop 100 GWh of cathode and anode material capacity over the period, Chairman, Managing Director and CEO Anurag Choudhary told The New Indian Express in an exclusive interview

The increase in exports in June was much better than economists had expected. Exports rose 19.4% year-on-year in May.