Paras Defence and Space Technologies has declared a ₹6,200 crore investment to build an advanced semiconductor packaging facility in Madhya Pradesh. The move marks one of the biggest private investments in India’s growing chip manufacturing ecosystem. The project will be developed through its wholly owned subsidiary, Paras
As part of its broader ambition to become a $1 trillion economy, the Uttar Pradesh government has announced a fresh set of incentives to attract foreign direct investment into Global Capability Centres (GCCs) and semiconductor manufacturing facilities. The measures, approved by the state cabinet, are
The global semiconductor industry, which powers everything from smartphones and electric vehicles to defence systems and AI infrastructure, is dominated by a handful of players. The United States leads in chip design, Taiwan controls advanced manufacturing, and China is rapidly scaling production and packaging capacity.