Fujifilm to tap India's growing chip industry with new materials plant

TOKYO -- Fujifilm Holdings will build a semiconductor materials factory in India to supply a chip project backed by the country's government, hoping to tap into a supply chain that is growing as high-tech production moves away from China.

The Japanese company will acquire land for the plant in the western state of Gujarat this year and start construction as early as 2026. Fujifilm aims to have it operating around 2028.