News Summary

• IESA lauded the government's commitment of Rs 4,500 crore to modernise Semiconductor Complex Limited (SCL) in Mohali.
• Ashok Chandak, President of IESA, urged close coordination between the Centre and the state government to expedite land allotment and infrastructure clearances to avoid delays and uncertainty.
• The SCL plant is expected to be modernised for a 180 nm node that could create numerous business opportunities and a 100‑fold capacity increase, IESA said in a statement.