New Delhi, July 31 -- India is accelerating its industrial strategy across semiconductors, electronics, commercial space, green mobility, rare earths, shipbuilding and coal gasification to reduce import dependence, strengthen domestic manufacturing and build resilient supply chains, according to the July Monthly Economic Review.

The review said strategic manufacturing initiatives gained momentum during the month through new policy measures, project launches and developments across key sectors.

Semiconductor Manufacturing Gets Major Push

Commercial production has commenced at the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, established under the India Semiconductor Mission.

The facility will pr...