India launches five chip packing plants, eyes $12B in new investments
India now has five homegrown chip packaging facilities up and running, with officials saying their products match global quality and cost standards. At the Semicon India Summit, the government touted $11–12 billion in recent investment interest for the next wave of projects and expects over 100,000 new semiconductor jobs. The push is part of a broader $9.1 billion plan to build out India's chip industry.
- Five chip packaging plants now operational in India
- Plants said to meet international cost and quality standards
- $11-12 billion in new investment interest, per government
- Over 100,000 chip industry jobs projected
- Part of India's $9.1 billion semiconductor push
Sources covering this
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