India reviews $21 Bn proposals to fast track chip manufacturing market
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The Indian government is evaluating proposals totalling $21 Bn in investments as part of its effort to boost chip manufacturing within the country. According to a Bloomberg report, the proposals encompass diverse ventures from both domestic conglomerates and international players. ower Semiconductor Ltd. from Israel has proposed a $9 Bn plant, and Tata Group from India has offered an $8 Bn chip fabrication unit.