Sources: Indian government is evaluating $21B of chip proposals, including a $9B from Tower Semiconductor and an $8B from Tata Group for new plants in Gujarat (Sankalp Phartiyal/Bloomberg)

Sankalp Phartiyal / Bloomberg:

Sources: Indian government is evaluating $21B of chip proposals, including a $9B from Tower Semiconductor and an $8B from Tata Group for new plants in Gujarat  —  – Tower, Tata among companies wanting to build fabrication units  — Modi’s government looking to challenge other nations in chips