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India touted as chip investment alternative amid regional risks

Tata executive says semiconductor industry needs country for growth

India has big ambitions in the global semiconductor industry. (Source photo by AP)

PENANG, Malaysia -- Tata on Wednesday made its case for India as an alternative destination for semiconductor manufacturers concerned about potential geopolitical and natural disaster risk in other parts of Asia.

Raja Manickam, CEO of Tata Technologies, the outsourced semiconductor assembly and test (OSAT) arm of Tata Electronics, touted India, alongside Southeast Asia, as a destination for chipmakers, citing its attractive location with easy access to land and sea transportation. OSAT vendors provide third-party integrated circuit-packaging and test services.

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