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International Business Times
International Business Times
Business

India Ready To Rev Up Chipmaking, Industry Pioneer Says

India has this year given the green light to 10 semiconductor projects worth about $18 billion in total (Credit: AFP)

When Prime Minister Narendra Modi declared India's "late entry" into the global semiconductor race, he pinned hopes on pioneers such as Vellayan Subbiah to create a chip innovation hub.

The chairman of CG Power, who oversees a newly commissioned semiconductor facility in western India, is seen as one of the early domestic champions of this strategic sector in the world's fastest-growing major economy.

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