Name: Indian State Eyes Entry to Chips Industry
Uploaded: 2024-01-12T15:27:53.000Z
Description: India is looking to make its mark in the chip-making industry.

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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.

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