INDIA'S HUGE INVESTMENT IN SEMICONDUCTORS MAKING INDIA A TECH HUB! 🔥🔥🔥

 OVERVIEW:

•   Sorry I forgot

In today's world, the use of electronic chips is in great demand. Yet, the dominance of semiconductors is from China, the USA, Taiwan.

So Indian Government brought a massive initiative in launching the benefits of around 76,000 million INR which opened doors for other alien companies in producing these chips.

The reason for past unsuccess is we realize the essence of them later and this sector requires grand investments and the monopoly is in other countries coat.

As you know most of the assembling is accomplished in India but think if all displays, semiconductors are created in India they can reduce the energy and time used in importing them.

Indian Telecom and IT Minister Mr. Ashwin Vaishnaw announced this billion-dollar plan will make India a semiconductor hub in the future, where companies such as Intel, TSMC, Samsung, AMD were invited to attend the event and the government will give all facilities to them for their setup.

This will help to create approx. 1,35,000 jobs and these e-chips will also be seen to exported in other countries as well. Recently TATA also makes an investment of $300 million in this industry.

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