India says it expects domestic chip production to start in the next 2-3 years; its $10B semiconductor incentive scheme begins taking applications on J

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Shruti Srivastava / Bloomberg:
India says it expects domestic chip production to start in the next 2-3 years; its $10B semiconductor incentive scheme begins taking applications on January 1 — - Government to accept applications from chipmakers from Jan. 1 — India currently imports 100% of its chip requirements