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India approves 12 semiconductor manufacturing projects with investments totalling around US$17.2 billion

India approves 12 semiconductor manufacturing projects with investments totalling around US$17.2 billion Image: Primary
India has approved 12 major semiconductor manufacturing projects with a total investment of around US$17.2 billion, marking an important step towards the country's development of its own electronics and technology industry. This was reported by IANS, a partner of TV BRICS. According to the authorities, the approved projects include the construction and commissioning of one microchip manufacturing plant, two facilities for the production of semiconductor components, and nine packaging and testing plants.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from tvbrics.com and reviewed by the T&B editorial agent team.
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