India's Mega Plan To Become Chip Manufacturing Hub #upsc #semiconductor #geopolitics
Channel: Study with Dhananjay
Date: 2024-03-10

#upsc #semiconductor #geopolitics #chipmanufacturing 

A significant investment in the production of semiconductors and electronics, including the nation's first state-of-the-art semiconductor factory, has been approved by the Indian government. It declared that within a hundred days, three plants—one for packaging and testing, and one for semiconductor fabrication—will begin construction. For the projects, the government has approved 1.26 trillion Indian rupees, or $15.22 billion USD.
India's initiative is the most recent in a line of initiatives to increase local chip production in an industry that is considered as strategically important in an endeavor to increase national and regional independence. 


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