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Modi Courts Investors With India’s $30 Billion Chipmaking Bet

Prime Minister Narendra Modi launched a charm offensive for global investors at India’s top chip-industry event, drawing pledges from US firms Applied Materials Inc. and Lam Research Corp. for billions of dollars in outlays.Marking India’s audacious bid to win a seat at the global chip-making table, Modi touted the country’s vast pool of engineering graduates and semiconductor-friendly policies as assets international companies should take advantage of....

Read more at bloomberg.com

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