SynopsisNew Delhi has pledged ​billions of dollars in ​subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push ‌to build more products locally.New Delhi has pledged ​billions of dollars in ​subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push ‌to build more products locally.US chipmaker Intel and 3DGS Inc. USA will invest about $3.3 billion to set up a substrate manufacturing plant in the ‌eastern ⁠Indian state ⁠of Odisha, the Indian government said on Friday.Here are some details:The ​project is expected to create more than 1,800 direct high-skilled ​jobs.Substrates are ⁠the bedrock ‌material on which ​elements ​of a semiconductor device ⁠are attached.New Delhi has pledged ​billions of dollars in ​subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push ‌to build more products locally.The plant, planned to be set up ⁠in the Bhubaneswar-Khurda region over a period of five to six years, will focus on advanced packaging glass core substrates, high-density interconnect substrates and associated semiconductor technologies. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now