The Indian Institute of Technology (IIT) Madras has ranked 1st among the centrally funded technical institutes in the Centre's Atal Ranking of Institutions on Innovation Achievements (ARIIA) 2021.
The Indian mining major Vedanta has inked an MoU with Taiwanese electronics manufacturing company, Hon Hai Technology Group (better known as Foxconn) to form a joint venture (JV) for manufacturing semiconductors in India.