Economy
India Receives Up To $12 Billion In Chip Proposals Under Semicon 2.0
The Indian Express52m
THE BRIEF
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Union IT Minister Ashwini Vaishnaw announced that India received $11-12 billion in investment proposals under the second phase of the semiconductor mission.
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The commitments cover semiconductor equipment, materials, gases, chemicals, and substrates over the next two to three years.
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Tata Electronics also signed agreements to develop a 363-acre vendor park in Dholera and localise critical manufacturing materials with Japanese and Singaporean partners.