The U.S. Semiconductor Industry Association emphasizes that eliminating tariffs on semiconductor components and equipment is essential for India to enhance its global competitiveness in chip manufacturing.

In a significant boost to India’s semiconductor industry, U.S.-based Lam Research has announced an investment exceeding ₹10,000 crore (approximately $1.2 billion) to establish semiconductor equipment manufacturing facilities in Karnataka. This strategic move aligns with India’s vision to become a global hub for semiconductor manufacturing. Investment Details

Larsen & Toubro (L&T) has unveiled plans for a bold $10 billion investment in semiconductor manufacturing, signaling a major step in India’s efforts to establish itself as a global semiconductor hub. The initiative is set to align with India’s push toward self-reliance in advanced technologies and reducing dependence on imports. “A Game-Changing Initiative

Andhra Pradesh announces ₹14,000-crore semiconductor plant in Orvakal Mega Industrial Hub.