June 2, 2026

ISM

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Cabinet okays 2 semiconductor units worth Rs 3,936 crore; total approved projects under ISM rise to 12

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The Union Cabinet has approved two new semiconductor manufacturing units with a combined investment of over Rs 3,936 crore under the India Semiconductor Mission (ISM).The projects include the country’s first commercial mini/micro-LED display facility based on Gallium Nitride (GaN) technology and a semiconductor packaging unit, Information and Broadcasting Minister Ashwini Vaishnaw said.The facilities will be…

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Building academic bridges: IIT (ISM) Dhanbad launches Heritage Network Assembly 2026; Aims to enhance India-Europe academic collaboration | Ranchi News

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Dhanbad: The authorities of Indian Institute of Technology (Indian School of Mines), Dhanbad, on Monday inaugurated the ‘Heritage Network Annual General Assembly-2026’, marking a significant step towards deepening academic collaboration between India and Europe.The four-day international conference, organised by the Office of the Dean (International Relations & Alumni Affairs) in association with the department of…

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India eyes full semiconductor value chain under ISM 2.0 with design firms in focus, says Ashwini Vaishnaw

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India Semiconductor Mission (ISM) 2.0 will prioritise building domestic chip design capabilities, strengthening the semiconductor ecosystem and expanding the talent base, Union Minister Ashwini Vaishnaw said on Saturday, outlining the government’s next phase strategy for the sector.Speaking at a Qualcomm event in Bengaluru, Vaishnaw said the upcoming phase of the programme will place design-led growth…

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US manufacturing: ISM index records yearly low in December; activity contracts for 10th straight month

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Manufacturing activity in US was at record bottom December, marking 10th consecutive month of contraction. The Institute of Supply Management (ISM) index slipped to 47.9 from 48.2 in November.The latest figures mark the lowest reading for the year, with production levels falling below November’s numbers. While employment showed a minor uptick of 0.9 percentage points,…

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US manufacturing data: Sector contracts for 7th month in a row; ISM index shows slight improvement

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The US manufacturing sector contracted for the seventh consecutive month in September, although the pace of decline eased slightly as production and demand showed marginal improvement.The Institute for Supply Management’s (ISM) manufacturing index rose to 49.1 in September from 48.7 in August. The figure remained below the 50-point mark that separates expansion from contraction, AFP…

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