# Applied Materials to invest $5 billion in India as Modi’s flagship chip event kicks off

https://mins.news/en/item/62358

- Reuters, 2026-09-17 09:35 UTC
- Tech
- Original: https://www.reuters.com/world/asia-pacific/applied-materials-invest-5-billion-india-modis-flagship-chip-event-kicks-off-2026-09-17/?link_source=ta_bluesky_link&taid=6aabb446fbc2160001c2b220

> U.S. semiconductor equipment maker Applied Materials said on Thursday at SEMICON India, the country’s flagship chip conference, that it will invest $5 billion in India over the next decade to expand its presence there.

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