Andhra Pradesh Secures ₹14,000 Crore Semiconductor Manufacturing Investment from Japan’s Yitoa Micro Tech and Indichip
Andhra Pradesh has achieved a significant milestone in its journey toward becoming a hub for high-tech industries. The state has secured a ₹14,000 crore investment for semiconductor manufacturing from Japan’s Yitoa Micro Tech and Indichip, marking a major step in bolstering India’s electronics and semiconductor ecosystem. This investment is expected to drive economic growth and create thousands of skilled jobs in the region. The establishment of advanced semiconductor manufacturing facilities aligns with India’s “Make in India” and “Digital India” initiatives, emphasizing self-reliance in critical technology sectors. The partnership with Yitoa Micro Tech and Indichip underscores Andhra Pradesh’s strategic importance, thanks to its robust infrastructure, investor-friendly policies, and focus on fostering innovation. By hosting such a project, the state positions itself as a key player in global semiconductor supply chains. This development not only strengthens Andhra Pradesh’s ind...