The plant, the first of its kind in India, will reportedly produce chips for use in military hardware in both countries, as well as in critical telecommunication networks and electronics.

Kolkata: The city is likely to get a state-of-the-art semiconductor factory by NASDAQ-listed GlobalFoundries (GF), the world’s third-largest chipmaker.

Prime Minister Narendra Modi and President Joe Biden have jointly announced a watershed arrangement between India and the US for a new semiconductor fabrication facility in West Bengal’s Kolkata. During his US visit,