MoUs worth Rs 1.5 lakh crore signed during IESA vision summit

Memorandums of understanding (MoUs) for projects worth Rs 1.5 lakh crore were signed during the 19th vision summit of the India Electronics & Semiconductor Association (IESA), held in Gandhinagar.

IESA president Ashok Chandak told FE that increasing interest of global semiconductor companies towards India shows that the country is poised for a big leap, with the end goal being a “complete ownership of the semiconductor manufacturing system”.