Nextgen Semiconductors to Raise Rs 10–15 Billion for Gujarat Plant

16 Sep 2025 CW Team

Nextgen Semiconductors, which has announced plans to establish a chip manufacturing facility in Gujarat, said on Friday that it will raise Rs 10–15 billion through equity and other financial instruments over the next 12 months.

The company has committed to investing more than Rs 88 billion in phases to set up a fully integrated silicon and silicon carbide power semiconductor platform at the Dholera Special Investment Region.

The project is expected to play a crucial role in strengthening India’s semiconductor ecosystem and reducing reliance on imports, as the government pushes to position Gujarat as a hub for electronics manufacturing.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

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Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..