Auto parts, oil & gas, semiconductor firms eyeing India: 40u40 2024 Rishabh Shroff

They already have business in China, they don’t want to shut it down. In the last 18 months, we have seen queries coming from auto parts manufacturers, some from the R&D side of some of the oil and gas companies, and a lot of queries coming from the manufacturing space, especially in states like Gujarat, Maharashtra, and Karnataka. One sector where I am seeing a lot of interest in semiconductors, which is well-positioned for international investment into India.