ReferIndia News India Boosts Semiconductor Sector with Major Investment

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India Boosts Semiconductor Sector with Major Investment

Published on: July 15, 2026, 3:09 p.m. | Source: Devdiscourse

India's government has approved a substantial expansion of its semiconductor programme, injecting 1.28 trillion rupees ($13.30 billion) in funding. Additionally, 625 billion rupees have been allocated for mobile phone manufacturing, reflecting a strategic push to bolster the nation's tech industry and reduce dependency on imports.

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