Ashwini Vaishnaw expects more companies to start production of memory chips in India (opens original article in a new tab)

Union minister Ashwini Vaishnaw anticipates more companies will invest in India's memory chip production, with existing investors scaling up to meet demand, as data centre investments grow rapidly.

• Union minister Ashwini Vaishnaw expects increased investment in memory chip manufacturing in India.
• Existing investors will scale up production to address demand-supply gaps in memory chips.
• India's data centre investments are projected to exceed $200 billion, requiring significant storage capacity.