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.
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
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.