India To Throw Billions At Creating Semiconductor Manufacturing Ecosystem
Broken down, ₹76,000 crore has been slated for creating a so-called semiconductors and display manufacturing ecosystem, with fabs able to get up to 50% co-funding from New Delhi if approved. “Government of India will work closely with the state governments establish High-Tech Clusters with requisite infrastructure in terms of land, semiconductor grade water, high quality power, logistics, and research ecosystem to approve applications for setting up at least two greenfield semiconductor fabs and two display fabs in the country,” it said in a statement....