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India Makes Bold Move: $15 Billion Investment and Micron’s Arrival Spark Growth in Domestic Chip Industry, with Construction Set to Begin in 100 Days
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India Makes Bold Move: $15 Billion Investment and Micron’s Arrival Spark Growth in Domestic Chip Industry, with Construction Set to Begin in 100 Days

In a significant move aimed at bolstering its domestic chip-making capabilities, India has approved a staggering $15.2 billion (₹1.26 trillion) investment for building three new semiconductor fabrication plants, or fabs. This ambitious initiative, coupled with the recent approval for Micron Technology to establish a unit in Sanand, Gujarat, marks a major step forward for India’s...