India has approved several electronic component manufacturing projects, highlighting its efforts to move up the tech supply chain.
Meanwhile, OpenAI, Meta, and Google are competing to establish themselves in India's rapidly growing AI market.
The newly approved multilayer and high-density interconnect (HDI) printed circuit board (PCB) projects mark a significant shift in India's electronics manufacturing ecosystem.
India's latest PCB drive could strengthen its long-term semiconductor packaging and OSAT ambitions.
Analysts believe this move will have a positive impact on India's semiconductor supply chain growth.
Author's summary: India boosts electronics manufacturing.