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and UPI is crucial for managing complex AI projects, positioning it uniquely in the global AI landscape.” Strengthening India's Semiconductor Industry The Indian government, along with its AI ambitions, is also significantly boosting its semiconductor manufacturing and display sector, doubling the budget allocation from around $367 million (INR 3,000 crore) to a whopping $843 million (INR 6,903 crore ) in 2024-25.
The move is aimed at positioning India as a global player in semiconductor manufacturing. I) Targeted Investments for Transformative Impact India's enhanced budget 2024-25 allocates $512 million for incentives under the ATMP scheme, supporting giants like american whatsapp number Micron, Foxconn-HCL, and Tata, while attracting new entrants.
The move aims to spur innovation in semiconductor manufacturing, which is critical to the digital economy. In addition, $183 million has been earmarked to develop semiconductor “fab” units and chip plants, with an emphasis on sensor and compound semiconductor production. These investments aim to boost India's manufacturing capacity and reduce dependence on chip imports, addressing global supply chain vulnerabilities. In synergy with the AI Mission The additional funding for the semiconductor sector aligns with India's AI Mission, recognizing the mutually beneficial link between pioneering semiconductor technology and advancing artificial intelligence.
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發表於 2024-12-18 18:08:09