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Transcripts for BBCNEWS Asia Business Report 20240604 00:34:00

it s estimated that india has over 20% of the global semiconductor design talent and that has recently attracted investments from major players like amd and micron. about a year and a half after india announced a $10 billion incentive package for chip companies investments finally seem to be coming in. after microcosmic trip went $7 billion commitment to set up a semiconductor assembly and testing plant just semiconductor assembly and testing plantjust a semiconductor assembly and testing plant just a few weeks ago amd said last week that opened its largest persona development centre in. prime minister modi has said the 15% assistance to set up chip manufacturing of the country will mean india could see exponential growth in this sphere. fox concert is optimistic about the direction in which india is headed on chip making. but industry watchers are more cautious. they say while the government will allow india to struggle

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