India has strong potential to replicate its manufacturing success and become a semiconductor hub: Jefferies

New Delhi [India], March 15 (ANI): Favourable government policies, growing demand, low-cost production capabilities, and strategic linkages with the Western nations have led India to develop itself as a semiconductor hub, according to a recent report by Jefferies.

As per the report, fiscal incentives from the government, low manufacturing costs, a talented design workforce, and rising demand are advantageous factors, helping the sector.