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Amid the global chip crises, India approves a $10 billion incentive plan to attract semiconductor and display manufacturers. To establish the country as a global electronics production hub Indian government will extend financial support of up to 50 per cent of a project’s cost to eligible chip making factories, the government said in a statement.

Read the original article here: https://www.thedailystar.net/business/global-economy/indian/news/india-shell-out-10b-woo-global-chip-makers-2919411