Prime Minister Narendra Modi launched a charm offensive for global investors at India’s top chip-industry event, drawing pledges from U.S. firms Applied Materials and Lam Research for billions of dollars in outlays.
Marking India’s audacious bid to win a seat at the global chip-making table, Modi touted the country’s vast pool of engineering graduates and semiconductor-friendly policies as assets international companies should take advantage of.
“The world urgently needs new and reliable locations for manufacturing,” Modi told the conference in New Delhi Thursday. “India is readying itself constantly.”
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.