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flag Moderna inaugurates Kaynes Semicon chip facility in Gujarat with $400M investment.

flag Prime Minister Narendra Modi inaugurated a new semiconductor facility in Gujarat on March 31, 2026. flag The Kaynes Semicon plant, backed by a $400 million investment, produces over 6 million chips daily and supports high-demand industries like electric vehicles. flag This project is part of India's National Semiconductor Mission and aims to strengthen the country's role in the global tech supply chain.

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