India reboots plan to attract chip makers to build fabs in country

After initial efforts to attract semiconductor manufacturers to India stumbled, the government is trying again, keeping hopes alive that the country could emerge as a major chip maker at a time when a US-China trade war is transforming the industry and stirring worries about the technology supply chain.

This week, after several potential deals fell through, the government is re-inviting applications to a program aimed at developing semiconductor manufacturing facilities and  offering total subsidies of around $10 billion (₹76,000), according to a statement…