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India's Ambition to Compete in the Global Chip Race
India's semiconductor ambitions are growing with an $11 billion project, but experts warn of challenges in catching up with global chip leaders like Taiwan and the US.
India is positioning itself as an alternative manufacturing hub for global companies looking to move production beyond China. With an $11 billion semiconductor project underway in Gujarat, supported by Taiwan’s Powerchip Semiconductor and Intel, India aims to break into the chip production market. However, experts caution that India still faces significant challenges in attracting more foreign investment and catching up in cutting-edge chip technology.