Technology

Reuters reported that big companies including a Foxconn joint venture that bid for India’s $10 billion semiconductor incentives are struggling due to the lack of a technology partner, a major setback for Prime Minister Narendra Modi’s chipmaking ambitions. 

Market Impact

Modi has made chipmaking a top priority for India’s economic strategy as he wants to “usher in a new era in electronics manufacturing” by luring global companies.

Article Tags

Topics of Interest: Technology

Type: Reuters Best

Sectors: Technology

Regions: Asia

Countries: India

Win Types: Overall Coverage

Media Types: Text

Customer Impact: Significant National Story



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