India currently depends on overseas suppliers for roughly 90% to 95% of its semiconductor requirements. That reliance is now prompting a major domestic push, as the government moves forward with plans to establish what it hopes will be the country’s first large-scale semiconductor fabrication plant. The facility is planned for Dholera, a special economic zone in the western state of Gujarat, according to Nikkei Asia.
Major investments signal industry takeoff
Tata Electronics has pledged $10 billion to develop India’s inaugural chip fabrication plant. In parallel, CG Semi — a joint venture involving Japan’s Renesas Electronics and Thailand’s Stars...