Prime Minister Modi, who was in the U.S. to attend the Quad meeting, met President Biden at his residence in Delaware. "The two leaders hailed a watershed arrangement to establish a new semiconductor fabrication plant focused on advanced sensing, communication, and high-voltage power electronics for national security, next generation telecommunications,...
Government Backs Chip Manufacturers in India
Citing third party forecasts, India's Ministry of Electronics and Information Technology said India’s semiconductor market will grow to $63 billion by 2026. It added that proposals valued over $20 billion were submitted from five chip and display manufacturers to build production facilities in the country. The companies sought $8.3 billion...
Government to Make India a Manufacturing Hub for Electronics
India's Ministry of Electronics and Information Technology (MeitY) has formed an advisory board which hopes to make India a $300 billion electronics manufacturing hub by 2026. Called the "Digital India Electronics Mission $300 Billion," the board is made up of representatives from key domestic and international electronics companies such as...