India’s Semiconductor Strategy Advances With $21 Billion In Proposals
The Indian government, after years of watching from the sidelines of the chips race, now has to evaluate $21 billion of semiconductor proposals and divvy up taxpayer support between foreign chipmakers, local champions or some combination of the two according to a report by Bloomberg.Israel’s Tower Semiconductor Ltd. is proposing a $9 billion plant, while India’s TATA Group has put forward an $8