“India approves three chip plants with over $15 billion in investments to realize semiconductor ambitions”

“India has approved building three semiconductor plants with investments of more than $15 billion as the country aims to become a major chip hub… India has ambitions to become a major chip hub on the lines of the U.S., Taiwan and South Korea, and has been courting foreign firms to set up operations in the country… These factories will directly create 20,000 advanced technology jobs and about 60,000 indirect jobs…”

https://www.cnbc.com/2024/03/01/india-boosts-chip-ambitions-okays-plants-with-15-billion-in-investments.html