In 2025, smartphones became India's top export, surpassing diesel and diamonds, driven by significant production and global demand.
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India Plans New $11 Billion Fund To Support Local Chipmaking
The fund, which will provide subsidies for chip design projects, manufacturing equipment and supply chain development, may be launched in two to three months.
India plans to expand its subsidies to build chip factories, develop semiconductor technology, and strengthen the local chip supply chain.
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