India will spend $30 billion to overhaul its technology sector and set up a chip supply chain, an Indian official said recently. According to it, the investment plan aims to increase local capacity in the production of semiconductors, displays, advanced chemicals, networking and telecommunications equipment, as well as batteries and electronic products. In particular, India is seeking to introduce more "mature" chips rather than the best ones. These include using chips ranging from 65 to 28 nanometers. India also plans to provide about $7bn to the electronics sector, including companies such as Foxconn and pegatron, a fellow iPhone assembler. The rest goes to "ancillary services such as telecommunications, networking, solar pv, advanced chemistry and batteries".