Thursday, 2 April

Thursday, 2 April2026

India Set to Launch Four New Semiconductor Plants This Year

By Isha
India Set to Launch Four New Semiconductor Plants This Year
Union Minister Ashwini Vaishnaw announced that four major semiconductor manufacturing units will be operational in India by the end of 2024. This milestone marks a significant leap in the country’s mission to become a global chip-making hub. Driven by the government’s comprehensive incentive schemes, these facilities aim to reduce import dependency, strengthen domestic electronics supply chains.

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