Indian conglomerate Reliance Industries, led by billionaire Mukesh Ambani, is exploring the possibility of entering the semiconductor manufacturing sector.
The move is aimed at addressing supply chain requirements and meeting the growing demand for chips in India.
Reliance has initiated early-stage talks with foreign chipmakers as potential technology partners, but no final investment decision has been made.
The Indian government’s support and ambitions to become a global chipmaker are encouraging companies like Reliance to consider semiconductor manufacturing.
However, specific foreign chipmaker names involved in discussions were not disclosed.
