Tata, Powerchip to build India's first semiconductor fab

Taiwanese, Japanese, Thai firms join projects to fuel Modi's chip ambition

20240229N Modi chips

Prime Minister Narendra Modi addresses an audience in 2023 during India's annual semiconductor conference, in Gandhinagar. © Reuters

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- India on Thursday approved its maiden semiconductor fabrication plant and two assembly units that will be developed jointly by local conglomerates and firms from Japan, Taiwan and Thailand, signaling that New Delhi's ambitious program to kick-start domestic chip manufacturing is gaining momentum after a sputtering start.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.