India accelerates ‘semiconductor drive’ with Rs 1.64 lakh crore investment plan
India is investing in semiconductors to achieve self-reliance and advance in frontier technologies like AI. The government has approved 12 projects worth Rs 1.64 lakh crore and is building a national AI ecosystem with 45,000 GPUs. This move aims to enhance national competitiveness and reduce import dependence, strengthening its position in the global supply chain.