Set up factories here: India's message to semiconductor makers

A few days ago, Finance Minister Nirmala Sitharaman, during a visit to the US, made a strong pitch to the leading chip companies to invest in India.

For three days beginning on Friday, top government officials will be telling the world’s top semiconductor companies during the Semicon India Conference in Bengaluru how India could become a global hub for semiconductor manufacturing and design and why they should invest in the country.

The big names such as Intel, the world’s second largest chipmaker by revenue, TSMC, the largest contract chipmaker, GlobalFoundries, the fourth largest foundry, Tower Semiconductor and memory chip makers Micron Technology and Western Digital will be in attendance.

During the virtual and physical conference, state governments will showcase the plans and incentives they have devised to persuade the