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    Eli Lilly to invest additional USD 1.6 billion in 2 new plants

    Indianapolis: Eli Lilly and Company has announced that it will invest an additional $1.6 billion and add another 200 new jobs at its two new manufacturing sites within LEAP Innovation Park in Boone County, bringing the company’s total commitment to $3.7 billion and up to 700 new jobs. The company also committed $15 million over five years […] More

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    Samsung Electronics to Invest $230 Billion in South Korea Chipmaking Base, Will Set Up 5 Chip Factories

    South Korean tech giant Samsung Electronics expects to invest $230 billion (roughly Rs. 18,97,500 crore) over the next 20 years to develop what the country’s government called the world’s largest chip-making base, in line with efforts to boost the national chip industry. Samsung‘s around KRW 300 trillion (roughly Rs. 1,89,86,000 crore) project is part of […] More