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Modi Vows to Develop India as Chip Hub as Gov't Sets $300Bn Target in Electronics Manufacturing_我的网站

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09:27:33

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Modi Vows to Develop India as Chip Hub as Gov't Sets $300Bn Target in Electronics Manufacturing_我的网站

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一 |     India aims to achieve $300 billion in electronic manufacturing in the next three-four years, Prime Minister Narendra Modi said on Monday.,Modi announced a series of measures to boost the country’s digital India mission, aiming to curb dependency on imports of electronic goods.,He announced the first cohort of 30 institutions to be supported under the Chips to Startup (C2S) program to train a specialized workforce in the area of designing semiconductor chips.,“India wants to become a chip maker from a chip taker. Investment is rapidly increasing in India to increase production of semiconductors,” Modi added.,Western Investors Set to Return to India, EMEs as Expert Predicts 'Multiple Recessions' in US, EUYesterday, 16:14 GMT,Last December, the government formulated a $10 billion incentive plan following COVID-induced supply disruption, which exposed the vulnerability of India’s manufacturing sector. India imports 100 percent of its semiconductors.,Last month, India’s Ministry of Electronics and Manufacturing said that Belgium-based IMEC, a renowned intermediate research organization in the world of semiconductor fabs, has agreed to provide technical support to set up the semiconductor ecosystem in the country.,On 23 June, Foxconn chairman Young Liu visited New Delhi, discussing its planned investment of $13.6 billion with Vedanta Group for chip manufacturing in India.,Vedanta expects $3-3.5 billion in total turnover from the joint venture, including exports from one-third of their chip manufacturing in the country.,The Indian government expects that at least 50-60 design companies will start developing products in the next 2-3 years.。    2026年8月,A股走出一轮"急涨急跌、板块快速轮动"的剧烈震荡。

二 | 行情数据显示,8月3日至8月26日上证指数区间振幅达5.13%,最高触及3994.18点(8月18日)、最低下探3797.64点(8月3日);8月19日市场放量下挫,上证指数单日跌2.40%,深证成指跌5.01%、创业板指跌6.26%,全市场超5000只个股下跌,单日市值蒸发约4.1万亿元(数据来源:华夏时报、证券时报,2026-08-19)。

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