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Modi Draws US Chip Leaders’ Backing for $30 Billion India Bet

Macro·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Prime Minister Narendra Modi launched a charm offensive for global investors at India’s top chip-industry event, drawing pledges from US firms Applied Materials Inc. and Lam Research Corp. for billions of dollars in outlays.

The initiative is part of India's broader strategy to bolster its semiconductor manufacturing capabilities and attract foreign investment in the technology sector.

ModiApplied MaterialsLam Research

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