Adani Plans $10 Billion India Chip Plant With Israel’s Tower

  • Plant is said to be built near Mumbai in three to five years
  • Adani joins Tata Group in bolstering India’s chipmaking plans
Gautam Adani, chairman of Adani Group.Photographer: Sumit Dayal/Bloomberg
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The Adani Group plans to build a semiconductor fabrication plant with an Israeli partner, in a bid to bolster India’s chipmaking capabilities as semiconductors become a key geopolitical battleground globally.