India minister says global chipmakers are evaluating locations for local new plants
Apr.28,2022

Asian Tech Press (Apr. 28) -- Some of the world's largest chipmakers are evaluating locations in India for new plants, the country's technology minister said on Thursday.

India is in talks with a number of giants, seeking to attract companies including TSMC and South Korea's Samsung Electronics Co. to the country.

Ashwini Vaishnaw, India's minister for electronics and information technology, the country has prepared for the expansion plans of chip giants like Intel and GlobalFoundries in India.

Indian Prime Minister Narendra Modi is intensifying his push to establish India as a chipmaking hub, and plans to host a three-day meeting in the southern tech hub of Bangalore from Friday to makes pitches to global semiconductor companies.

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