India, Thailand race for spot on Asia’s chipmaking map
India and Thailand have engaged in a full-fledged race for semiconductor–manufacturing investment to win a spot on Asia’s chipmaking map, Nikkei Asia reported.
As China and US are engaged in the chip war, India has come out as an alternative option and is also exploring every opportunity to be recognized as a major player in the supply chain.
Earlier, on July 28, Prime Minister Narendra Modi addressed SemiconIndia 2023 industry event where he showed up the strengths his country has to offer the global chip industry.
The programme aims to provide attractive incentive support to companies that are engaged in silicon semiconductor Fabs, Display Fabs, Compound Semiconductors/silicon photonics/sensors, semiconductor packaging and semiconductor design.