India is looking to make its mark in the chip-making industry.
An Indian state has been holding investment talks with Japan and the United States.
U.S. chip firm Micron Technology is currently building a chip assembly and testing facility in the state.
However, India still doesn’t have any semiconductor manufacturing plants. Previous plans have all failed, including a nearly $20 billion joint venture deal between an Indian mining company and a Taiwanese electronics manufacturer.
Indian Prime Minister is looking to secure foreign investments during a global summit next week.
Investing in India is becoming increasingly popular as companies work to make their supply chains less dependent on China.