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Can Budget 2024 give a fillip to India's budding semiconductor industry?

By Economic Times - 5 months ago
India's Interim Budget may include sops to boost the semiconductor industry, with an upgraded version of the SPECS plan that may have a corpus of Rs 10,000 crore. The Indian Semiconductor Mission has attracted investment from companies like Micron Technologies and Foxconn, while discussions are ongoing with TSMC and Japan's TMH Group for semiconductor fabrication units.

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