Why Global Firms Finding It Difficult To Begin Their Semiconductor Units in India Amid Incentives and Schemes

Why Global Firms Finding It Difficult To Begin Their Semiconductor Units in India Amid Incentives and Schemes

By the end of 2026, the country anticipates that its semiconductor market would reach around $63 billion

Reports now surfaced that the global firms including the Foxconn Vedanta joint venture that bid for India’s Rs 76,000 Crore semiconductor PLI scheme are facing a lot hurdles to find a suitable technology partner, which according to the experts is a huge impediment to the nation’s ambitions to boost domestic chip manufacturing. 

Staff Thu, 06/01/2023 - 13:03

[original story: Circuit Digest]

Circuit Digest 01 Jun 08:33