PM Narendra Modi to lay foundation stone for Andhra's first semiconductor plant - The Economic Times

Prime Minister Narendra Modi will inaugurate Andhra Pradesh's first semiconductor manufacturing facility. This ASIP Semiconductor Project in Visakhapatnam involves an investment exceeding Rs 460 crore. The facility is expected to produce approximately 96 million chips annually. It will also generate high-skilled employment opportunities for the region. This initiative strengthens India's domestic chip production capabilities significantly.

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