$1 Billion Incentives to be Provided to Semiconductor Manufacturers: Report
To upscale more local production and reduce imports, the Indian government is offering semiconductor manufacturers incentives worth up to $1 billion in cash. According to a Reuters report, a senior government official said that India wants chipset makers to set up their manufacturing facilities within the country. He said that the government would ‘promise’ to be a buyer, and there will also be private companies that will be looking to... Read More
