US chipmaker Intel and 3DGS Inc. USA will invest about $3.3 billion to set up a substrate manufacturing plant in the Indian state of Odisha.

Synopsis New Delhi has pledged billions of dollars in subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push ‌to build more products locally.New Delhi has pledged billions of dollars in subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push ‌to build more products locally. Listen to this article in summarized format US chipmaker Intel and 3DGS Inc. USA will invest about $3.3 billion to set up a substrate manufacturing plant in the ‌eastern ⁠Indian state ⁠of Odisha, the Indian government said on Friday. Here are some details: The project is expected to create more than 1,800 direct high-skilled jobs. Substrates are ⁠the bedrock ‌material on which elements of a semiconductor device ⁠are attached. New Delhi has pledged billions of dollars in subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push ‌to build more products locally. The plant, planned to be set up ⁠in the Bhubaneswar-Khurda region over a period of five to six years, will focus on advanced packaging glass core substrates, high-density interconnect substrates and associated semiconductor technologies. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Subscribe Now

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