· Manufacturing & Investment · Source: economictimes.indiatimes.com

Indian defence company to invest ₹500 cr in chip plant

An Indian defence firm plans to invest ₹500 crore to set up a semiconductor chip manufacturing plant, aiming to strengthen domestic chip production for defence and strategic applications. The investment aligns with India’s push for self-reliance in critical technologies, reduces dependence on imports, and supports the country’s broader defence and technology manufacturing ecosystem.

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