Targeting global chip shifts more important than self-sufficiency: Chris Miller
5 days, 15 hours ago

Targeting global chip shifts more important than self-sufficiency: Chris Miller

Live Mint  

Nailing down a strategic focus on diversification of global technology innovation away from established powers will offer India its biggest opportunities to grow in global relevance, said Chris Miller, author of global bestseller Chip War: The Fight for the World’s Most Critical Technology and professor of international history at Tufts University in the US, in an interview with Mint. Speaking about India’s opportunities to become part of a global semiconductor supply chain that is largely ruled by Taiwan and the US, Miller said that the one key strategy for policymakers to adopt would be strategic targeting of incentives to fill gaps in the global supply chain—rather than project “self-sufficiency" as a geopolitical and technological strategy. Scope for India to cash in Highlighting this, Miller further underlined China’s self-interest foreign strategy as “aggressive and belligerent"—but also referred to it as one that would create scope for India to cash in on. Two such examples, he said, are being seen in US semiconductor firms setting-up chip design offices in Bengaluru, and the “rapidly emerging smartphone supply chain" in Tamil Nadu.

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History of this topic

Lessons for India from Intel’s downturn
1 month, 1 week ago

Lessons for India from Intel’s downturn

Hindustan Times  

Silicon Valley thrives on disruption. But even in this land of constant change, there’s a sense of melancholy in the air as Intel, the once-unquestioned king of chips, stumbles towards an uncertain future. “Intel’s biggest problem isn’t just competition,” a seasoned industry analyst confided, “it’s their legacy.” The company, with its massive workforce and sprawling infrastructure, is like a super …

India unveils $5 billion plan to strengthen domestic electronics component production
1 month, 3 weeks ago

India unveils $5 billion plan to strengthen domestic electronics component production

Live Mint  

India is set to roll out incentives worth up to $5 billion to local electronics firms to manufacture components for devices ranging from smartphones to laptops, according to government officials. However, the industry remains heavily dependent on imported components, particularly from China and Hong Kong, which account for over half of India's $89.8 billion electronics imports in the fiscal year …

The changing pecking order in semiconductors
2 months ago

The changing pecking order in semiconductors

Live Mint  

NEW DELHI : Last week, Nvidia Corp., the world's largest artificial intelligence chipmaker, replaced Intel Corp., best known for computer processors, in the 30-share American benchmark share index. Nvidia's market value jumped from about $81 billion at the end of 2018 to $3.6 trillion now, making it the world’s most-valued company, ahead of Apple Inc., Microsoft Corp. and Google Llc. …

India must cash in on chip war
2 months ago

India must cash in on chip war

Hindustan Times  

The US government’s latest directive to TSMC, halting shipments of advanced semiconductors to China, marks a significant escalation in the global chip wars. The US has tightened its grip on advanced chip sales to China, from restricting Nvidia and AMD’s AI chip sales in 2022 to planning additional controls on about 120 Chinese tech firms. The Biden administration’s sustained pressure …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
2 months ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse
3 months, 4 weeks ago

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse

News 18  

As the global demand for semiconductors continues to surge, India is making significant strides towards establishing itself as a major player in the semiconductor industry. This shift was prominently highlighted at Semicon India 2024, a three-day event held in Greater Noida, which underscores the country’s commitment to becoming a key global semiconductor hub. This commitment helps maintain a robust talent …

Mint Quick Edit | India’s fab dream: There’s hard work to do
4 months ago

Mint Quick Edit | India’s fab dream: There’s hard work to do

Live Mint  

Prime Minister Narendra Modi said on Wednesday that it is his dream to see an India-made chip in every global device. He also sought to attract global players by highlighting India’s stable business environment and chip investments already secured to fast-track the sector’s growth. While local chip rhetoric has been high ever since “computer chips, not potato chips" became a …

India best positioned to host entire semiconductor ecosystem: PM Modi at SEMICON
4 months ago

India best positioned to host entire semiconductor ecosystem: PM Modi at SEMICON

Hindustan Times  

Prime Minister Narendra Modi on Wednesday said that India’s semiconductor ecosystem is a solution not just for the country’s challenges but also for global challenges. Speaking at the inauguration of the SEMICON India conference in Greater Noida, PM Modi said India’s reform focussed government, its growing manufacturing base, and its aspirational market that is aware of technological trends are the …

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel
4 months, 4 weeks ago

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel

Deccan Chronicle  

Nadiad : Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's …

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30
5 months, 3 weeks ago

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30

Deccan Chronicle  

Chennai: India can increase its electronics production five-fold to touch $500 billion by FY30, with $200 -$225 billion worth exports of both finished goods and components by becoming an integral part of the global value chain through focused policy interventions, finds Niti Aayog. However, the electronics sector has a very high participation in the global value chain with 75 per …

MeitY Secretary: India poised to lead global semiconductor industry with talent and expertise
6 months, 1 week ago

MeitY Secretary: India poised to lead global semiconductor industry with talent and expertise

India TV News  

Ministry of Electronics and Information Technology Secretary S. Krishnan has emphasized that India possesses the talent and deep expertise, which is needed to become a global leader in the semiconductor industry, which is a crucial sector for the nation. At a conference which was organised by fabless semiconductor firm iVP Semiconductor, Krishnan said that the government is actively supporting the …

How China Could Swamp India’s Chip Ambitions
9 months, 4 weeks ago

How China Could Swamp India’s Chip Ambitions

Live Mint  

When India’s largest conglomerate, Tata Group, broke ground on a $11 billion semiconductor factory this week, Prime Minister Narendra Modi said the country was poised to become a world leader in the sector. View Full Image China’s aggressive expansion comes at a time when the market for legacy chips is already well supplied. But India would struggle to shower such …

Every big chip player to re-work investment plan for India: Minister Vaishnaw
10 months, 1 week ago

Every big chip player to re-work investment plan for India: Minister Vaishnaw

The Hindu  

India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan and South Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. This means, practically every big player would now like …

‘Entry in chip will de-risk global supply chains’
10 months, 1 week ago

‘Entry in chip will de-risk global supply chains’

New Indian Express  

NEW DELHI: India’s entry into the semiconductor manufacturing will significantly de-risk global supply chains and will make the country a very important player in globally, said N Chandrasekaran, Chairman, Tata Sons. “Tata Group has a tradition of pioneering many sectors in the country, and we are confident that our entry in semiconductor fabrication will add to this legacy,” said Chandrasekharan. …

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar
10 months, 3 weeks ago

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar

India TV News  

India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar. Reflecting on India's semiconductor journey, Chandrasekhar highlighted the strides made since 2014, particularly after the launch of the semiconductor programme in January 2020. Chandrasekhar highlighted India's …

‘Generous’ incentives have boosted semiconductor ambitions: IT Secy
1 year, 1 month ago

‘Generous’ incentives have boosted semiconductor ambitions: IT Secy

The Hindu  

The geopolitical advantage for India of companies and countries looking for resilient semiconductor and electronics supply chains is only going to last for “four or five years,” and that it was important to seize that opportunity within this period, Secretary of Electronics and Information Technology S. Krishnan said on Monday. Circumstances have changed for the industry now, with production-linked incentives …

Chip off the block: The Hindu Editorial on semiconductor fabrication in India
1 year, 2 months ago

Chip off the block: The Hindu Editorial on semiconductor fabrication in India

The Hindu  

As funds for production-linked incentives for manufacturing semiconductors lie under-utilised by upwards of 80%, the Union government must be far clearer on what it has achieved — and aims to accomplish — by continuing to spend crores of rupees on bringing more semiconductor fabrication capabilities to India. But the central wager with these schemes, at much cost to the exchequer, …

India As Semiconductor Hub: Why China Challenge Is A Big Factor
1 year, 5 months ago

India As Semiconductor Hub: Why China Challenge Is A Big Factor

ABP News  

The Industrial Revolution 5.0 would not be here without the semiconductor chips. Chinese commentator Sima Nan, talking about Foxconn’s business plans in India, said: “Foxconn’s future lies in the acceptance of 'one country two systems' in a peaceful and prosperous world, there is no other way.” This was a warning not only to Foxconn but also to India, which seems …

Chip tactics: on India’s bid to attract major global chip manufacturers
1 year, 5 months ago

Chip tactics: on India’s bid to attract major global chip manufacturers

The Hindu  

The government has made a fresh bid to attract major global chip manufacturers into the country. At the Semicon India summit last Friday, Prime Minister Narendra Modi told prospective investors that the government had drawn on their suggestions after the first such conference last year, and taken pro-active decisions to address areas of concern. Ahead of Mr. Modi’s U.S. State …

Explained | Mapping India’s chip design ecosystem
1 year, 5 months ago

Explained | Mapping India’s chip design ecosystem

The Hindu  

The story so far: As part of the second phase of the design-linked incentive scheme for the domestic semiconductor industry, the Indian government, according to media reports, is considering a proposal to pick an equity stake in domestic chip design-making companies. According to Pranay Kotasthane, Chairperson, High Tech Geopolitics Programme at Takshashila Institution, the government’s attempt to become a venture …

PM Modi wants India to become a hub of semiconductor industry
1 year, 5 months ago

PM Modi wants India to become a hub of semiconductor industry

The Hindu  

Prime Minister Narendra Modi on July 28 said India would emerge as a global hub of semiconductor and chip-making industry, as he made a strong pitch to global investors, while inaugurating the ‘Semicon India 2023’ conclave in Gujarat. “India understands that semiconductors are not just a national need but a necessity for the world,” Mr. Modi said, adding that attracting …

Down But Not Out: On the Indian Government’s Semiconductor Fab Ambition
1 year, 5 months ago

Down But Not Out: On the Indian Government’s Semiconductor Fab Ambition

The Quint  

The semiconductor chip fabrication in India programme, though, is unlikely to secure any of these three advantages. The Semiconductor programme did not ask for, and no bidder promised, that the semiconductor chips would be sold in India to the Indian electronics products manufacturers at prices lower price than global prices despite 50 percent to 70 percent fiscal support. The fact …

The chips are down: Inside India’s technicoloured semi-conductor dreams
1 year, 5 months ago

The chips are down: Inside India’s technicoloured semi-conductor dreams

Hindustan Times  

Silicon chips and semiconductors, terms often used interchangeably, are actually distinct things. “The number of car-mounted semiconductor devices has been increasing steadily, particularly for future ADAS or Advanced Driver Assistance Systems,” is how Hitachi’s semiconductor knowledgebase describes the changes unfolding. Research firm Deloitte’s ‘TMT Predictions Report’ 2023 – India Chapter’ report released in February, estimates the Indian semiconductor market to …

Micron Investment Fuels Modi Govt's Semiconductor Ambition. What Are The Obstacles Ahead
1 year, 6 months ago

Micron Investment Fuels Modi Govt's Semiconductor Ambition. What Are The Obstacles Ahead

ABP News  

New Delhi: Micron Technology's announcement regarding the establishment of a cutting-edge semiconductor assembly, testing, and packaging plant in Sanand, Gujarat, has reignited fresh hope for India's aspirations to become a global semiconductor supply chain hub. "Semiconductor manufacturing involves various stages and each of these stages may involve a completely different category of vendor," says Kanishka Chauhan, Senior Principal Analyst at …

Global players’ investments to boost India’s semicon ecosystem: MoS IT
1 year, 6 months ago

Global players’ investments to boost India’s semicon ecosystem: MoS IT

Live Mint  

New Delhi: Indian investments by global players such as Micron, Applied Materials, and Lam Research will boost the manufacturing ecosystem and create job opportunities, both directly and indirectly, said minister of state for electronics and information technology, Rajeev Chandrasekhar. Chandrasekhar added that Prime Minister Narendra Modi has struck up more partnerships with the U.S. during his two-day visit, bringing in …

A road map to propel US-India chips push
1 year, 7 months ago

A road map to propel US-India chips push

Hindustan Times  

Prime Minister Narendra Modi will travel to Washington DC on June 21 for his first official State visit. iCET’s readout explicitly mentioned enhanced cooperation in three areas: Supporting the development of a semiconductor design, manufacturing, and fabrication ecosystem in India; promoting the development of a skilled semiconductor workforce; and encouraging the development of fabs for mature technology nodes and packaging …

Govt makes renewed push to boost hardware manufacturing
1 year, 7 months ago

Govt makes renewed push to boost hardware manufacturing

Live Mint  

New Delhi : The Union cabinet on Wednesday approved a six-year production-linked incentive scheme for IT hardware, including laptops, tablets, personal computers, servers and edge computing devices, with an outlay of ₹17,000 crore. Telecom minister Ashwini Vaishnaw said the scheme would attract top hardware companies such as HP, Dell and Apple to India. “We’re confident that the changes made in …

India's Semiconductor Dream: A Brief Introduction Of The Industry, Its Role, And Importance
1 year, 9 months ago

India's Semiconductor Dream: A Brief Introduction Of The Industry, Its Role, And Importance

ABP News  

The Centre wants to make India a hub for the semiconductor industry. To show India's commitment to the industry, the government is offering $10 billion in incentives for the development of a sustainable semiconductor and display manufacturing ecosystem in India. While Israel, Netherlands, Malaysia, the UK and South Korea have a significant number of Fab units, Germany, China, US, Taiwan, …

Explained | India’s push for semiconductors
1 year, 9 months ago

Explained | India’s push for semiconductors

The Hindu  

The story so far: The Union Government has disbursed around ₹1,645 crore in performance-linked incentives for electronics manufacturers so far, as part of its efforts to bring in more of the electronics supply chain to India. The government’s Invest India agency estimates that electronics manufacturing as a whole will be worth $300 billion by the financial year 2025–26. The SIA, …

Can India Emerge a Global Chip Powerhouse?
1 year, 10 months ago

Can India Emerge a Global Chip Powerhouse?

The Diplomat  

The world is in the grip of the geopolitics of technology. Correspondingly, through iCET, India has entered into a public-private collaboration in the chip ecosystem with the U.S. Semiconductor Industry Association, whose goals are to elevate India’s presence in the global chip industry. Liu Zongyi, the secretary general of the Research Center for China-South Asia Cooperation at the Shanghai Institute …

Top Apple supplier plans major India expansion
1 year, 10 months ago

Top Apple supplier plans major India expansion

Live Mint  

Apple Inc.’s main manufacturer, Foxconn Technology Group, is considering a major expansion in India, including possibly assembling millions more iPhones and setting up new production sites as it seeks to further diversify beyond China. Foxconn also plans to build a new production facility in the southern Karnataka state, where it would make products including iPhones, people familiar with the matter …

Chips down on India: From Foxconn to TSMC, semiconductor giants are betting big on India
1 year, 11 months ago

Chips down on India: From Foxconn to TSMC, semiconductor giants are betting big on India

Firstpost  

Foxconn and Vedanta are already setting up their semiconductor fabricating plant in India and will invest $19.5 billion. However, other chip giants like TSMC, PSMC, Renesas Electronics, Intel and AMD are also looking for ways to set up factories in India. Ever since news N Chandrasekaran - chairman of the Tata group, announced that Tata Electronics will set up an …

India-US Semiconductor Groups Join Hands to Strengthen Chip Ecosystem Ahead of Budget Presentation
1 year, 11 months ago

India-US Semiconductor Groups Join Hands to Strengthen Chip Ecosystem Ahead of Budget Presentation

News 18  

The India Electronics and Semiconductor Association and the US Semiconductor Industry Association have announced plans to develop a private-sector task force to strengthen collaboration between both countries in the global semiconductor ecosystem, just ahead of Finance Minister Nirmala Sitharaman presenting the Union Budget 2023. These are developing a “readiness assessment” regarding the semiconductor ecosystem in India; assembling industry, government, and …

New PLI scheme for IT server, hardware to offer more sops for IP designed in India
2 years ago

New PLI scheme for IT server, hardware to offer more sops for IP designed in India

The Hindu  

India will soon be launching a production linked incentive scheme for IT server and hardware manufacturing with one of its facets being to encourage use of IP generated in the country. “One of the things in the PLI scheme is we will create additional incentives for manufacturers or OEMs that incorporate IP designed in India into their systems and products,” …

Budget 2023 | Govt May Bring Incentive Scheme To Boost Local Chip Manufacturing: Report
2 years ago

Budget 2023 | Govt May Bring Incentive Scheme To Boost Local Chip Manufacturing: Report

ABP News  

As the world’s chip shortage problem persists, the central government is likely to incentivise local chip manufacturing. According to a report by the Economic Times, the Ministry of Electronics and IT is working on an incentive scheme, worth around Rs 10,000 crore to Rs 12,000 crore, to promote domestic manufacturing of high-end components that could go into products such as …

Apple plans to push India up in its value chain
2 years, 1 month ago

Apple plans to push India up in its value chain

Live Mint  

NEW DELHI : Apple Inc. is likely to triple its production of iPhones assembled in India over the next two years, three people aware of the development said, representing a significant expansion of its local manufacturing capabilities. Analysts tracking the mobile handset industry and local manufacturing said the expansion could result in the local production of iPhones rising to a …

China-plus-one strategy puts India at a vantage position: Rajeev Chandrasekhar
2 years, 1 month ago

China-plus-one strategy puts India at a vantage position: Rajeev Chandrasekhar

The Hindu  

India has a great scope to emerge as a sizable player in electronics and semiconductor products manufacturing as part of China-plus-one diversification strategy, said Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. “We are well-positioned to become a trusted global partner under China-plus-one strategy and hopeful of becoming part of Global Value Chains for logic semiconductors, chip …

India must dominate the game of chips – through its human resources
2 years, 2 months ago

India must dominate the game of chips – through its human resources

Live Mint  

Washington’s wide-ranging sanctions on China’s semiconductor industry will go far in containing the US’s geopolitical rival. India must have the baseline capability to produce advanced semiconductors on its own soil, not only to serve national security requirements but also equip its talent pool with the skills needed to master the entire semiconductor industry cycle. India’s goal should be to use …

The US is spending billions to boost chip manufacturing. Will it be enough?
2 years, 2 months ago

The US is spending billions to boost chip manufacturing. Will it be enough?

CNN  

CNN — The United States government is pulling out all the stops to boost domestic semiconductor manufacturing, injecting billions of dollars into the beleaguered sector and flexing all policy muscles available to give it a leg up over competition from Asia. US-based fabs, or chip manufacturing plants, currently only account for 12% of the world’s modern semiconductor manufacturing capacity, according …

Time for India as a product nation
2 years, 2 months ago

Time for India as a product nation

Live Mint  

An enabling ecosystem builds its own momentum. The next step is to build our products and get into product ownership to usher in a new era of Make in India products that are 100% repairable and upgradable and support the vision of a robust growth nation catering and supporting a circular economy to the global market as well. Next, the …

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar
2 years, 3 months ago

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar

Firstpost  

The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with an investment of Rs 1.53 lakh crore Bengaluru: The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in the next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar …

Fabs: The east Asia lesson for India
2 years, 3 months ago

Fabs: The east Asia lesson for India

Live Mint  

NEW DELHI : A few days ago, the central government tweaked its ₹76,000 crore production-linked incentive scheme for semiconductors, offering fiscal support of 50% of the project cost for companies looking to set up chip manufacturing plants in India, irrespective of the chip type. FII holdings of bearish bets on indices spike Soon, pay highway toll based on size of …

Explained | A push for the semiconductor industry
2 years, 3 months ago

Explained | A push for the semiconductor industry

The Hindu  

The story so far: In a bid to make India’s $10 billion chip-making initiative more attractive to investors, the Centre on September 21, approved changes to the scheme for the development of a semiconductor and display manufacturing ecosystem in the country. In December 2021, India announced its roughly $10 billion dollar production-linked incentive scheme to encourage semiconductor and display manufacturing …

Precision Engineering: Paving the way for India's self-reliance
2 years, 4 months ago

Precision Engineering: Paving the way for India's self-reliance

Firstpost  

Indian economy’s recovery from pandemic-induced stresses and business disruptions has received a thumbs up from IMF and global economists. The prevailing geopolitical hurdles have further enhanced the crucial importance of Atmanirbharta in strengthening the country’s digital infrastructure, especially at a time when India is driving tech-led growth and digital inclusion through schemes like BharatNet, encompassing rural broadband connectivity and up-gradation …

How US CHIPS Act will help India become self-reliant in semiconductor industry
2 years, 5 months ago

How US CHIPS Act will help India become self-reliant in semiconductor industry

Firstpost  

As India is setting itself up to become self-reliant in semiconductor chips, this move will complement Indian efforts in this space and further boost the Semiconductor India Programme, according to Indian experts New Delhi: US President Joe Biden on Tuesday signed a USD 280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost the …

Taiwan-China Tensions: How does this impact India’s auto sector and semiconductor demand
2 years, 5 months ago

Taiwan-China Tensions: How does this impact India’s auto sector and semiconductor demand

Live Mint  

Five months after Russia's invasion of Ukraine, another geopolitical conflict arose between China and the United States. The Chinese ministry opposed Pelosi's visit to Taipei, saying that "Pelosi disregarded China's strong opposition and solemn representations and visited Taiwan, China." Taiwan Semiconductor Manufacturing Company is the world’s largest contract chip manufacturer and Asia's most valuable listed company at $600bn, according to …

How India’s Semiconductor Mission is Shaping Up to Compete in Global Chip Making Race
2 years, 5 months ago

How India’s Semiconductor Mission is Shaping Up to Compete in Global Chip Making Race

News 18  

With the global chip shortage, fuelled by the Covid-19 pandemic and geopolitical circumstances, affecting several smartphone and automobile industries, the government has launched the ‘Semiconductor Mission’ to establish a self-reliance and give boost to India’s fast-expanding electronics manufacturing and innovation ecosystem. Sanjay Gupta, Vice President and India Managing Director, NXP Semiconductors said: “With ISM taking India’s leadership in the technology …

On The Semiconductor Train: India's First Chip Plant to Be Built in Karnataka with ISMC's $3B Investment
2 years, 8 months ago

On The Semiconductor Train: India's First Chip Plant to Be Built in Karnataka with ISMC's $3B Investment

News 18  

The Karnataka government said at the weekend that a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor, the International Semiconductor Consortium, will invest $3 billion in the southern state to build India’s first chip manufacturing plant. The latest announcement by Karnataka state authorities implies that the government’s incentive system to turn India into a semiconductor hub …

Modi govt woos Intel, TSMC to set up semiconductor plants in India
2 years, 8 months ago

Modi govt woos Intel, TSMC to set up semiconductor plants in India

Live Mint  

India is in talks with global chipmakers Intel Corp., GlobalFoundries Inc. and Taiwan Semiconductor Manufacturing Co. about setting up local operations, part of efforts to center more high-tech manufacturing in the country. India Gets $20.5 Billion in Investment Proposals for Chip Production In India, a venture between billionaire Anil Agarwal’s Vedanta Group and Foxconn Technology Group has shown interest in …

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