Home > News > Indian chip designers of mobile phones, digital cameras, MP3 players and gaming devices are hoping to ride the local manufacturing wave
April 8th, 2007
Indian chip designers of mobile phones, digital cameras, MP3 players and gaming devices are hoping to ride the local manufacturing wave
Abstract:
The capital subsidy of 25% on investments for setting up semiconductor, micro and nanotechnology manufacturing units is expected to attract investments of up to $10 billion in the next four to five years. India would leverage its strengths in software and design and large domestic market to attract global companies to shift their production base here, says Sharma.
Source:
financialexpress.com
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