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Vanik Electronics aims to build a high-volume semiconductor fabrication facility in India over the next decade. The company focuses on developing India's electronic ecosystem by investing in fabless semiconductor design companies and startups, creating a virtuous cycle of design, fabrication, packaging, assembly, and finished goods. By 2030, they target 80% of the projected $110 billion semiconductor demand from Auto & EV, Consumer, Solar, and Telecom sectors.
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