India Aims for Chip Powerhouse Status with US Partnership | Vantage with Palki Sharma

India has ambitious plans to become a major player in the global semiconductor industry, and a new partnership with the US is seen as a key step in achieving this goal. The US recently welcomed India into the Global Semiconductor Alliance - an initiative aimed at diversifying chip production beyond a select few companies. This partnership offers India access to American investment and expertise to build its domestic semiconductor ecosystem. The road to becoming a chip-making giant is long and complex. India is aware of these challenges and is taking a multi-pronged approach. The Indian government plans to increase incentives for chip makers, raising its initial offer from $10 billion to $15 billion. Beyond financial incentives, India is also forging strategic partnerships. Last week, Prime Minister Narendra Modi signed an MoU with Singapore, a global leader in chip production and equipment manufacturing. On Vantage tonight, Palki Sharma tells you more.

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India | US | Semiconductors | Narendra Modi | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#india #semiconductor #pmmodi #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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