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Reuters

Reuters

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Technology

Exclusive-Adani pauses talks with Israel's Tower for $10 billion India chip foray, sources say

Reuters
Summary
Nutrition label

81% Informative

Gautam Adani's group has paused discussions with Israel 's Tower Semiconductor for a $10 billion chip project.

The talks with Tower have been put on hold after the Indian conglomerate's internal evaluation found there was still uncertainty about how much demand - especially in India - the business can generate.

The rethink in plans by Adani could be another setback for Prime Minister Narendra Modi's "Make in India " plans.

VR Score

91

Informative language

98

Neutral language

58

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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