India approves two semiconductor wafer plants worth $10 billion
February 14, 2014 at 04:36 AM EST
MUMBAI, Feb 14 (Reuters) - India has approved the setting up of semiconductor wafer plants by two consortia, including IBM Corp, Israel's TowerJazz and STMicroelectronics NV, costing a total of 634.1 billion rupees ($10.17 billion).