semiconductor / news / / ThePrint
The fund will provide subsidies for chip design projects, manufacturing equipment and supply chain development.
India plans to launch a more than 1 trillion rupee chipmaking fund within three months.
KEY POINTS
- The new fund will provide subsidies for chip design, manufacturing equipment, and supply chain development.
- This initiative builds on India’s 2021 $10 billion program that drew companies like Micron Technology Inc.
- India aims to reach chipmaking parity with global leaders like Taiwan, South Korea, and the US by 2032.
COMPANIES
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