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What good will made-in-India chips really do?

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IT minister Ashwini Vaishnaw on Tuesday presented the prime minister a showcase of some chips made in India—by research bodies, private firms, and university students. India has already handed out $18 billion in incentives to make chips locally. Why? Mint explains:

Can we manufacture chips indigenously?

Semiconductor fabrication is complex. No country has singular control over the $665-billion global chip industry due to its size and the niche expertise needed. Not even Taiwan, which…

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