India eyes chip investments at Pax Silica Summit (opens original article in a new tab)

India is pursuing semiconductor investments and multilateral funding at the Pax Silica summit to enhance its manufacturing and design capabilities, part of a global effort to diversify supply chains and reduce reliance on China.

• India seeks semiconductor investments and funding at Pax Silica summit in Washington D.C.
• India aims to use US $250 million seed fund to boost semiconductor manufacturing and design capabilities.
• Pax Silica coalition includes 16 nations, with European countries like Netherlands and Germany joining to diversify supply chains and reduce reliance on China.