Indian government has boosted financial support for firms setting up manufacturing facilities in the country India has scaled up incentives for semiconductor manufacturers, under a $10 billion program aiming to position the country as a global hub for chip-making, challenging China’s dominance, the Indian prime minister has said. Addressing the Semicon India 2023 conference in Gujarat on Friday, attended by heads of US chipmaker Advanced Micro Devices and Taiwanese giant Foxconn, Prime Minister Narendra Modi said India’s semiconductor space is poised to witness exponential growth. Modi noted that every industrial
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