Inside Anil Agarwal’s playbook to become the country’s No. 1 chipmaker

Anil Agarwal, chairman of the oil-to-metals Vedanta Group, has ambitions of setting a semiconductor chip plant in India, but says state governments need to look at creating a hub for electronics like Silicon Valley or what Taiwan has done.

Prime Minister Narendra Modi’s government late last year unveiled a $10 billion incentives plan, offering to cover as much as half of a project’s cost, to lure display and semiconductor fabricators to set up