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NATIONAL: SEMI-CONDUCTORS: Cabinet approves 03 Semiconductor proposals in Gujarat, Assam

One of the facilities is a fabrication unit — as opposed to a packaging or assembly unit — and will make 50,000 ‘wafer starts’ a day.

The Union Cabinet on February 29 approved three semiconductor proposals amounting to ₹1,25,600 crore in value in Dholera and Sanand in Gujarat, and in Morigaon in Assam. The Dholera and Morigaon facilities will be built by Tata Electronics Pvt. Ltd. and Tata Semiconductor Assembly and Test Pvt. Ltd. The former will be a full-fledged fabrication unit producing 50,000 ‘wafer starts,’ the initial form of silicon chips, per month.

Powerchip Semiconductor Manufacturing Corporation of Taiwan will be the technology partner for the fab unit, while the assembly and testing unit in Morigaon’s technology partners have been kept confidential at their request, Minister of Electronics and Information Technology Ashwini Vaishnaw told reporters.

The Dholera units will be used to make “high performance compute chips with 28 nanometre technology,” and also to make chips for power management, which Mr. Vaishnaw said accounted for a large part of semiconductor demand. Both facilities’ output will cater to domestic demand as well as export their produced chips, Mr. Vaishnaw said.

Construction will start within 100 days, he added, hoping that the work is done well before the standard 5 year timeline for such facilities. The chip assembly facility by Micron, announced last year, is on track to have its first chip produced by December 2024, Mr. Vaishnaw said. The facilities announced on Thursday will create 20,000 direct jobs and 60,000 indirect jobs, the IT Ministry estimated in a note.

The facility in Sanand will also be a packaging unit, set up by CG Power with technology from the Renesas Electronics Corporation of Japan and Stars Microelectronics of Thailand.

source/content: thehindu.com (headline edited0

India-born Economist Geeta Batra Named As First Woman Director of World Bank’s GEF

Geeta Batra, a distinguished India-born economist, has been appointed as the Director of the Independent Evaluation Office of the World Bank’s Global Environment Facility (GEF). This historic appointment makes her the first woman from a developing country to hold this prestigious position. 

Currently serving as the Chief Evaluator & Deputy Director for Evaluation at the GEF’s Independent Evaluation Office (IEO), affiliated with the World Bank, Batra’s nomination for the role received unanimous approval during the 66th GEF Council Meeting in Washington on February 9.

Geeta Batra, aged 57, outlined her top priorities, emphasizing the delivery of sound evaluative evidence on GEF’s results and performance, leadership to keep the GEF IEO at the forefront of environmental evaluation, and the strengthening of IEO teams through skill development. 

Her role will also involve building partnerships with multilateral and bilateral agencies, foundations, and networks, sharing knowledge on effective environmental strategies.

Born in New Delhi, Batra pursued her education in Mumbai and Chennai, completing her Economics degree and an MBA in Finance.

Inspired by her professor, Harkant Mankad, she pursued a Ph.D. in Economics in the United States. After working in various roles, including Senior Manager, Risk, at American Express and serving at the World Bank’s Private Sector Development Department, she joined the GEF’s IEO in 2015.

The GEF has been a significant player in the environmental sector since the Rio Earth Summit in 1992, providing substantial grants and co-financing for projects addressing global environmental concerns. Geeta Batra’s appointment signifies a major milestone, reflecting her extensive experience and commitment to environmental evaluation.

With IANS Inputs

source/content: indiatimes.com (headline edited)