· Semiconductor & Electronics · Source: cio.economictimes.indiatimes.com

India plans new $11 billion fund to support local chipmaking

India is planning a $11 billion semiconductor fund to boost domestic chipmaking and strengthen its electronics manufacturing ecosystem. The proposed initiative will provide subsidies for chip design, manufacturing equipment, and supply chain development, aiming to attract global chipmakers and position the country as a major semiconductor manufacturing hub in the coming decade.

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