India Attracts $12 Billion in Semiconductor Investment After New Chip Policy

India has secured $12 billion in investment pledges for its semiconductor sector, following the rollout of a new chip manufacturing policy. The Indian government announced a $13.4 billion semiconductor fund in July to accelerate the development of a domestic chip industry. The fresh investment commitments signal growing global interest in India as a potential hub for chip production. The policy push reflects India's broader ambition to reduce dependence on foreign semiconductors and strengthen its electronics manufacturing base.
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