Andhra Pradesh has secured Rs 1,614 crore in investment commitments from South Korean auto component makers Hwashin, Seoyon and Iwamet. Their proposed facilities in Anantapur are expected to create 1,418 jobs and strengthen the state's automotive manufacturing ecosystem
Commerce Minister Piyush Goyal said India will amend regulations within two months to address concerns of semiconductor and auto component manufacturers. He also highlighted Semicon 2.0, investment opportunities, simplified BIS rules and stronger India-Japan cooperation in semiconductors, AI and technology
