New ₹3,700-crore HCL-Foxconn JV to help India localise display manufacturing
NEW DELHI : India’s display manufacturing industry received a boost on Wednesday when the Union cabinet approved the India Semiconductor Mission’s (ISM) fifth chip-testing facility in the last one year and the sixth semiconductor project overall. The ₹3,700-crore ($433 million) project is the first “advanced manufacturing outsourced semiconductor assembly and testing (Osat) facility” in the…