Wednesday, 4 September, 2024

India Requires 10 More Chip Fabs Over The Next Decade, Says SEMI's Ajit Manocha

SEMI President Ajit Manocha emphasized that India needs to establish 10 additional semiconductor fabrication units in the next 10 years to meet growing domestic and global demands. He highlighted the critical importance of expanding semiconductor manufacturing to bolster India's tech ecosystem, reduce import dependency, and position the country as a global semiconductor hub. Strategic investments and government support will be essential for achieving this goal.