India to start exporting semiconductors soon? Decoding New Delhi’s push for chip manufacturing

Talking about India’s plans to become a bigger player in the vital semiconductor space, Union Home Minister Amit Shah on Thursday emphasised that India will soon not only become self-reliant in the semiconductor industry but also begin exporting semiconductors.

Speaking at the ‘Abhyudaya Madhya Pradesh Growth Summit’ about the overall performance of the Indian economy, the Home Minister said, “Our forex reserves have crossed the record level of seven hundred billion dollars.”