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Indian Express
2 days ago
- Business
- Indian Express
US-based firms keen to set shops in state: Govt
US Consul General Katherine Giles-Diaz on Wednesday met West Bengal Chief Minister Mamata Banerjee at Nabanna, the state secretariat. According to officials in the government, the meeting was on a proposed semiconductor manufacturing unit in West Bengal. According to the government officials, Santech Global Inc, with headquarters in New Jersey, USA, has expressed interest in setting up a semiconductor project in Kolkata. 'Santech Global Inc is a global leader in high-tech innovation, specialising in emerging technologies like semiconductor, nanoelectronics, etc. We are in consultation with the company to extend the required support. We hope all these will contribute to a robust semiconductor ecosystem in West Bengal and a shared vision for technological advancement and open up many more economic opportunities for our state, particularly in terms of creating meaningful employment for the youth of West Bengal,' a release issued by the government read. The government also said that the Global Foundries, another US-based company, was going to establish a fab-less centre for design, testing at Kolkata Power Centre. 'They may expand to fabrication later. We have already provided them space. They got possession of a floor of about 13 thousand sq. ft. at Software Technology Park of India (STPI) IT park at Sector V, Salt Lake. Another space of around 19 thousand sqft has been requested by Global Foundries in the same premises of STPI. This is under process,' the government release said. 'We are also interested in setting up a power electronics ecosystem, and for this we are working with Global Foundries, Startup, Academia, and industry,' it added. The government is also working with Global Foundries and universities for a joint internship program for students of West Bengal. 'The Global Capability Centre Policy (GCC policy) for the state of West Bengal is being formulated and the consultation process is going on,' it added. Atri Mitra is a Special Correspondent of The Indian Express with more than 20 years of experience in reporting from West Bengal, Bihar and the North-East. He has been covering administration and political news for more than ten years and has a keen interest in political development in West Bengal. Atri holds a Master degree in Economics from Rabindrabharati University and Bachelor's degree from Calcutta University. He is also an alumnus of St. Xavier's, Kolkata and Ramakrishna Mission Asrama, Narendrapur. He started his career with leading vernacular daily the Anandabazar Patrika, and worked there for more than fifteen years. He worked as Bihar correspondent for more than three years for Anandabazar Patrika. He covered the 2009 Lok Sabha election and 2010 assembly elections. He also worked with News18-Bangla and covered the Bihar Lok Sabha election in 2019. ... Read More


Time of India
2 days ago
- Business
- Time of India
Global Foundries to set up design & testing centre in Kolkata, eyes future fab expansion
Global Foundries will establish a design and testing center in Kolkata. The West Bengal government will provide space for the project. There is a possibility of future expansion into fabrication. Santech Global Inc. has also expressed interest in setting up a semiconductor project in Kolkata. The government aims to create a robust semiconductor ecosystem. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Kolkata: Global Foundries , a major semiconductor manufacturing company, which will set up a fab-less centre for design and testing in Kolkata Power Centre, is also likely to expand to fabrication later, people in the know said. Following a closed-door meeting with US Consul General, West Bengal government has announced that it will hand over around 19,000 square feet to the company at Software Technology Park of India (STPI) IT park to the company in the eastern fringes of Kolkata's Salt semiconductor investment by Global Semiconductor company in Kolkata was announced following Prime Minister Narendra Modi's meeting with the US. President Joe Biden in 2024.'The company has already got possession of a floor of about 13,000 square feet, people in the know said. Global Foundries may expand to fabrication later, the state government addition to Global Foundries, Santech Global Inc, headquartered in New Jersey, USA and a global leader in high-tech innovation, specializing in Semiconductor, Nanoelectronics, has also shown interest in setting up a Semiconductor Project in Kolkata, West Bengal government sources said.'We are in consultation with the GlobalFoundries to extend all support. We will contribute to a robust semiconductor ecosystem in West Bengal and a shared vision for technological advancement and open up many more economic opportunities for our state, particularly in terms of creating meaningful employment for the youth of West Bengal,' Nabanna sources stated.'We have already provided them space…We are also interested in building up a power electronics ecosystem and for this we are working with Global Foundries, Startup, Academia and industry,' state government sources said.'We working with the Global Foundries and Universities for a joint internship program, where students from Bengal will be benefitted,' state government sources said. The Global Capability Centre Policy (GCC policy) for the state of West Bengal is being formulated and the consultation process is is a major semiconductor manufacturing company that produces microchips used in electronic devices like smartphones, computers, and cars, helping to power modern technology around the world.


India Gazette
21-05-2025
- Business
- India Gazette
Gujarat CM inaugurates Cognizant India's Tech-Fin Delivery Centre at GIFT City
Gandhinagar (Gujarat) [India], May 21 (ANI): Gujarat Chief Minister Bhupendra Patel stated that, under the visionary leadership of Prime Minister Narendra Modi, India is rapidly advancing towards becoming the world's third-largest economy and is prepared to lead the knowledge-based global economy, an official statement said. The Chief Minister on Wednesday inaugurated the Tech-Fin Delivery Centre of Cognisant India at GIFT City. He began his address by congratulating Prime Minister Narendra Modi and the Indian Armed Forces on the resounding success of Operation Sindoor. Patel emphasised that modern technology played a significant role in the success of Operation Sindoor. Under the Prime Minister's leadership, technology has been given utmost importance across all sectors. As a consequence of the Digital India Mission initiated by the Prime Minister, the country's technological landscape has undergone a significant transformation over the past decade, effectively making technology accessible to the everyday citizen, the statement said. The Chief Minister welcomed Cognizant's arrival in Gujarat, stating that under the Prime Minister's guidance, a conducive environment has been created for emerging sectors and technologies in Gujarat. He further added that India possesses the world's most affordable intellectual manpower. Under the Prime Minister's leadership, there is an increased focus on critical technologies such as AI and semiconductors. On this occasion, Chief Minister Bhupendra Patel remarked that Gujarat has a track record of being at the forefront of the Prime Minister's vision and mission. Gujarat is also taking the lead in making India a leader in both the world's soft power and the knowledge-based economy. Three semiconductor plants are set to commence operations in Gujarat. The state government is committed to establishing an AI-based ecosystem in the state and promoting AI-based industries. He further stated that by initiating the AI Centre of Excellence in GIFT City, a robust platform has been created in the state to bring together experts, businesses, and startups for new solutions. The Global Capability Centre Policy has also been announced to encourage Global Capability Centres in the state. Major global companies are showing keen interest in leveraging this policy to commence their operations in Gujarat. Chief Minister added that GIFT City was established in the state due to the unique vision of Prime Minister Narendra Modi. With the presence of several global companies setting up their facilities here, Gujarat has emerged as a global leader. GIFT City has, in a way, developed a robust ecosystem of talent, technology, and innovation. On this occasion, Principal Secretary of the Department of Science and Technology Mona Khandhar, and officials of the company were present. (ANI)