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Kolkata Index

News on Infrastructu... • 3m

Kolkata is set to become a major player in the global semiconductor industry with the announcement of a US-backed semiconductor hub! This landmark initiative, supported by Prime Minister Narendra Modi and ex-US President Joe Biden, aims to establish a state-of-the-art fabrication plant in WB. West Bengal CM Mamata Banerjee has confirmed that the state government has already identified and prepared land for this transformative project. This development is part of India's broader strategy to enhance its semiconductor manufacturing capabilities, which is crucial for technological advancement and national security. The new hub is expected to generate thousands of jobs, both directly and indirectly, and will significantly boost the local economy. It will also foster innovation and skill development in the region, attracting investments and enhancing Kolkata's position as a technological hub.

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