US semiconductor maker Applied Materials in talks with Indian govt

Company could help with government's desire to have a semiconductor industry.

US major Applied Materials Inc is planning to set up a plant in India which would make some of the parts and components for highly complex equipment which are used for manufacturing of semiconductor chips by fabmakers across the globe.. 

According to sources in the know, the $17.2 billion American giant - a global leader in providing equipment, services and software to the semiconductor industry – is in talks with the government.

If the plan materialises, it could provide a big push to the government’s desire to have a semiconductor industry and eco-system in the country. It would also integrate