India is set to witness a flurry of key events this week, marking significant milestones in various sectors. Leading the pack is SEMICON India 2024, a pivotal event aimed at propelling the nation’s semiconductor ambitions. Prime Minister Narendra Modi will officially launch the conference today at the India Expo Mart in Greater Noida. The three-day event, themed “Shaping the Semiconductor Future,” will run from September 11 to 13 and showcases India’s strategic vision for becoming a global powerhouse in semiconductor design, manufacturing, and technology.
The event will also see Modi deliver a keynote address, highlighting the government’s commitment to fostering a robust semiconductor ecosystem within India. This initiative is part of a broader push by the government to position India as a key player in the global semiconductor landscape.
Meanwhile, India is hosting the second edition of the International Conference on Green Hydrogen from September 11 to 13 in New Delhi. This event, announced by New and Renewable Energy Minister Pralhad Joshi, underscores India’s commitment to accelerating its transition towards clean energy.
The conference will focus on exploring the potential of green hydrogen as a sustainable fuel source and its role in achieving India’s ambitious clean energy goals. Stakeholders are expected to engage in discussions on the latest developments in green hydrogen technologies and identify opportunities for collaboration on a global scale.
Beyond these major events, the Indian market is also abuzz with several high-profile initial public offerings (IPOs) taking place today. Bajaj Housing Finance’s IPO is set to conclude today, with the price band fixed between ₹ 66 and ₹ 70 per share. Investors have until the end of the day to submit their bids for this highly anticipated offering.
Innomet Advanced Materials is also launching its IPO today, seeking to raise ₹ 34.24 crore through a fresh issue of 34.24 lakh shares. The fixed-price offer aims to bolster the company’s working capital and fund capital expenditures.
Finally, the initial public offering of Excellent Wires and Packaging Ltd. opens for bidding today. The company intends to raise ₹ 12.6 crore through a fresh issue of 14 lakh shares. This fixed-price issue, listed on the NSE SME platform, will remain open until September 13. The share allotment is expected to be finalized by September 16, with refunds issued by September 17. The company’s shares are expected to be listed on September 19.
These IPOs offer investors a chance to participate in the growth of promising companies and diversify their portfolios. As these events unfold, India’s commitment to technological innovation and sustainable development remains evident, signaling a promising future for the nation.
