Get the latest tech news
India wants to be a global chip powerhouse in 5 years
India wants to be among the top five semiconductors producers in the world, said the country's minister of electronics, IT, railways and communications.
India wants to be among the world's top five semiconductor producers in the next five years, said Ashwini Vaishnaw, minister of electronics and information technology, railways and communications. As of December, Taiwan holds about 46% of global semiconductor foundry capacity, followed by China (26%), South Korea (12%), the U.S. (6%) and Japan (2%), according to market intelligence firm TrendForce. "Globally, all the companies look at India as a natural destination for the next investment decision," Vaishnaw claimed, confirming recent reports that the government is reviewing semiconductor proposals totaling to $21 billion.
Or read this on r/technology