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Applied Materials to invest $5 billion in India as Modi's flagship chip event kicks off

Source: reuters.com

Technology & InnovationInfrastructure & DefenseTrade Policy & Supply Chain
Applied Materials to invest $5 billion in India as Modi's flagship chip event kicks off

Applied Materials plans to invest $5 billion in India over the next decade to expand its presence in the country. The commitment, announced at SEMICON India, supports India’s semiconductor ecosystem development and supply-chain diversification, though the long investment horizon limits immediate financial impact.

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