India approves setting up three chipmaking units worth $15.2 bln
29/02/2024 10:10
NEW DELHI, Feb 29 (Reuters) - The Indian government on
Thursday approved setting up three semiconductor units by
companies including India's Tata Group and Japan's Renesas, the
electronics minister said.
The projects will involve a total investment of 1.26
trillion rupees ($15.2 billion), minister Ashwini Vaishnaw said.
($1 = 82.9061 Indian rupees)
(Reporting by Shivam Patel in New Delhi; Editing by YP Rajesh)
((Shivam.Patel@thomsonreuters.com;))
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