To build chip ecosystem, China took 30 years, but still unsuccessful. We are trusted, resilient – The Indian Express

He said the break-up of the Vedanta and Foxconn joint venture to set up a fab in India is “not a blow to India’s semiconductor ambitions,” since there will now be two proposals instead of one. In December 2021, the Ministry of Electronics and IT (MeitY) had announced a Rs10 billion semiconductor manufacturing plan.

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