avi
Keymaster
The government would invest $10 billion in chip manufacturing facilities coming up in Gujarat and Uttar Pradesh, where a consortium of firms are to set up the production bases.
"India would also be investing $400 million in developing an Indian version of micro-processor. These are part of the initiatives that are under way to create an eco-system that lays focus on high ended innovation," R.S. Sharma, secretary, Department of Electronics and Information Technology (DeitY) said on Thursday while addressing the first Indian Electronics Expo organised by Electronics and Computer Software Export Promotion Council.
nice.
linky - http://www.moneylife.in/article/government-to-invest-10-bn-in-chip-manufacturing-units/40997.html