Business

He said the inauguration of Micron's semiconductor facility marks a milestone in India's journey towards technology leadership.

Micron Technology CEO Sanjay Mehrotra announced today that the company's new Semiconductor Assembly, Test, and Packaging (ATMP) facility in Sanand, Gujarat, will produce "multiple hundreds of millions of chips per year." Speaking at the inauguration of the plant, Mehrotra emphasised that this facility is a cornerstone of the global AI supply chain, converting advanced DRAM and NAND wafers into finished products for worldwide customers. "There is no artificial intelligence without data," Mehrotra stated. "And there is no data without memory and storage. And the memory and storage that powers AI for everyone, that is what Micron builds."

NSE MD and CEO Ashish Chauhan proposed implementing minimum qualification criteria (such as capital or net worth thresholds) for F&O trading, drawing inspiration from markets like the US and Singapore to protect retail investors.

In an interview with ANI, Chauhan explained that as a regulated institution, the NSE cannot regulate itself, and therefore must seek listing on an alternative exchange(s).

The National Stock Exchange (NSE) is looking to expand its technological and market expertise into new segments such as electricity futures, a coal spot exchange, and other commodity markets, including metals, as part of its next phase of growth.

National Stock Exchange (NSE) Managing Director and CEO Ashish Chauhan noted that India has positioned itself as one of the most cost-effective and inclusive capital markets globally, particularly for small and medium enterprises (SMEs).