India seeks to challenge top global chip manufacturers
The government has undertaken several initiatives seeking to tap into the lucrative market
India’s Tata Electronics has begun the construction of a new $3.2 billion semiconductor plant, which is expected to generate 27,000 jobs.
The plant will be located in Assam, the largest of the states in India’s northeast, and produce over 48 million chips per day using locally-developed technologies, India’s electronics and information technology minister has said.
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