The CEO of India’s government-backed ISM said in an interview with NNA that the country aims to attract investment totaling ¥4 trillion equivalent, including the budget for Semicon 2.0, and expressed expectations for Japanese companies to enter the market.
The outlook presented was that the 12 semiconductor factories in India supported under ISM’s Semicon 1.0 will aim to begin operations by 2029.
Under Semicon 2.0, a total budget of ¥1.275 trillion equivalent has been secured for subsidies and other support for companies, and a policy has been launched to attract ¥4 trillion equivalent in total investment. Expectations were expressed for Japanese companies to enter fields including semiconductor manufacturing equipment and materials, gases and logistics.