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Chip policy out, govt sees Rs 24,000 crore inflow

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  • “The policy will give an impetus to the growth of the chip sector, electronics industry and the overall ecosystem. The domestic market for electronics goods is expected to reach $363 billion by 2015 and the domestic demand for semiconductors alone will be $43 billion,” said Poornima Shenoy, president of the India Semiconductor Association

    Semiconductor device fabrication is the process used to create chips, the integrated circuits that are present in everyday electrical devices.

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