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New Delhi: India is preparing to launch a new semiconductor support fund worth more than Rs 1 trillion (about $10.8 billion) as the government intensifies efforts to build a strong domestic chip manufacturing ecosystem. The suggested fund will be used to fund the projects of chip design, equipment manufacturing and development of semiconductor supply chains in the country, reported by Bloomberg. Individuals conversant with the talks indicated that the initiative can be rolled out in the coming ...Read More >
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