--- title: "India Announces Additional Investment of 1.28 Trillion Rupees to Boost Domestic Chip Manufacturing Capacity" type: "News" locale: "en" url: "https://longbridge.com/en/news/292744454.md" description: "India has committed an additional 1.28 trillion rupees to enhance its domestic chip manufacturing capabilities, advancing its ambition to become a global manufacturing hub. This initiative builds on India's 2021 $10 billion incentive program, which pledged to cover half the costs of establishing semiconductor projects. India aims to attract major chip manufacturers by leveraging its engineering and design talent along with subsidies, similar to how it helped Apple expand its operations in the country" datetime: "2026-07-15T09:45:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292744454.md) - [en](https://longbridge.com/en/news/292744454.md) - [zh-HK](https://longbridge.com/zh-HK/news/292744454.md) generator: "portal-rs" --- # India Announces Additional Investment of 1.28 Trillion Rupees to Boost Domestic Chip Manufacturing Capacity India has committed an additional 1.28 trillion rupees to enhance its domestic chip manufacturing capabilities, advancing its ambition to become a global manufacturing hub. This initiative builds on India's 2021 $10 billion incentive program, which pledged to cover half the costs of establishing semiconductor projects. India aims to attract major chip manufacturers by leveraging its engineering and design talent along with subsidies, similar to how it helped Apple expand its operations in the country. ### Related Stocks - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md) - [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [AAPW.US](https://longbridge.com/en/quote/AAPW.US.md) - [APLY.US](https://longbridge.com/en/quote/APLY.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [AAPY.US](https://longbridge.com/en/quote/AAPY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) ## Related News & Research - [PPS&V Asset Management Consultants Inc. Has $7.63 Million Position in Apple Inc. $AAPL](https://longbridge.com/en/news/296327659.md) - [Pioneer Wealth Management Group Purchases 6,640 Shares of Apple Inc. $AAPL](https://longbridge.com/en/news/296591265.md) - [St. Clair Advisors LLC Trims Position in Apple Inc. $AAPL](https://longbridge.com/en/news/296327662.md) - [Apple paid 40% of its global taxes to Ireland in last fiscal year](https://longbridge.com/en/news/296632032.md) - [EU Welcomes Apple's App Store Changes, Epic Slams 'Junk Fees'](https://longbridge.com/en/news/296413585.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**