Apr. 6, 2023 /SemiMedia/ -- According to reports, NXP CEO Kurt Sievers recently mentioned in an interview that he will support its manufacturing partners in considering setting up fabs in India, such as TSMC and Globalfoundries.

"We think India should be a very neutral and democratic place with global manufacturing. We had discussions and they were very open. I'm very supportive of our manufacturing partners considering India," Kurt Sievers said.

The report pointed out that India's strong product manufacturing capabilities in the automotive, industrial and healthcare sectors could drive chip manufacturing into the country.

For years, India has failed to attract foreign investors to set up fabs. While there have been proposals for fabs involving Foxconn and Tower Semiconductor, so far there has been little chip manufacturing in India.