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Government mulls mega incentive package to lure semiconductor giants into India

Economy
Published on 24 April 2026
Government mulls mega incentive package to lure semiconductor giants into India

Negotiations reportedly include TSMC Intel AMD and Fujitsu

The government is reportedly working on a major incentive package aimed at attracting leading semiconductor manufacturers to India. Senior officials have been in discussions with companies including TSMC, Intel, AMD, Fujitsu and United Microelectronics, according to sources. The move signals an intensifying push to build domestic chip capabilities and reduce reliance on imports.

  • India’s government is considering a large investor incentive package
  • Talks reportedly include TSMC, Intel, AMD, Fujitsu and UMC
  • The effort targets boosting domestic semiconductor manufacturing
  • Policy talks suggest a faster push toward local chip capacity
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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