India launches first semiconductor plant: Tata teams up with Taiwan to reduce chip import dependency
In a landmark development set to reshape India’s electronics manufacturing ecosystem, Prime Minister Narendra Modi inaugurated the country’s first indigenous semiconductor fabrication facility in Dholera, Gujarat. The facility is a joint venture between Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), marking India’s formal entry into the high-stakes global semiconductor manufacturing industry. The Tata-PSMC…