What Happened
Semiconductor Investments Exceed $17 Billion Amid Growing Demand
India’s semiconductor industry is gaining momentum, with investments exceeding $17.45 billion and a growing ecosystem that includes chip design, fabrication, and talent development. The government has approved the Semicon 2.0 programme, which aims to support the industry’s growth and reduce import dependence. Applied Materials has announced plans to invest $5 billion in India over the next decade, and domestic demand is projected to exceed $200 billion by 2035. The development was first reported by Times Kuwait.