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This company is CG Power and Industrial Solutions Ltd. The company is also known as Crompton Greaves Ltd. The company focuses on designing, manufacturing and selling products related to power production, transmission and distribution, rail transport. Let us tell you that semiconductors are usually silicon chips and are used in computers, mobiles, electric gadgets and vehicles. They operate the controlling and memory function of a product. Nowadays, many high-tech features are included in cars and semiconductors are needed to complete these features.
Now the company has announced a new business - CG Power and Industrial Solutions Ltd has announced to enter the semiconductor business. The company has started a new company named Axiro Semiconductor Private Limited. The company has given detailed information on the exchange . (HAL Share: Exclusive news on jet engine supply to HAL)
The 5 projects approved by the government include four chip packaging plants and a chip fabrication unit. Which are likely to be operational by 2025 and 2027. Seeing this pace of semiconductor chip production, the groups involved in this project have demanded the announcement of the second phase of ISM. Semiconductor chips are used in smartphones, smart TVs, cars with high-tech features, electric toys and many other products. Actually, semiconductor chips are the nervous system of electronic devices in a way. Global semiconductor company Analog Devices (ADI) sees India as its R&D center. Analog Devices' Bangalore R&D center is one of the largest centers globally. Srinivas Prasad, Head and Senior Director, Analog Devices India (ADI) in India, recently said that we are looking at India as one of the key strategic R&D destinations for Analog Devices, and Bangalore is one of our largest R&D centers globally. In almost every chip made at Analog Devices, ADI India would have played a role in some way or the other.
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