India launches $6.5B smartphone and $13.3B semiconductor push to rival China

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India has unveiled a major two-pronged investment initiative aimed at strengthening its domestic electronics industry. The plan includes a $6.5 billion program dedicated to expanding smartphone manufacturing capacity. Alongside this, New Delhi is committing $13.3 billion toward developing a semiconductor ecosystem within the country. The combined effort signals India's ambition to reduce global dependence on China across critical electronics supply chains.

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