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Semiconductors

India woos global chipmakers again, this time with $10bn package

Previous attempts failed to attract top industry players

Indian Prime Minister Narendra Modi. The South Asian country is working to become a bigger player in high-value-added products.   © Reuters
KEN KOYANAGI, Nikkei senior staff writer | India

TOKYO -- India has rolled out the red carpet for global chipmakers with 760 billion rupees ($10.2 billion) in incentives as Prime Minister Narendra Modi makes a push to establish the country as a high-tech production hub.

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