India's Prime Minister Narendra Modi (C), Railways, Electronics and Information Technology Minister Ashwini Vaishnaw (3R), CG Power and Industrial Solutions Chairman Vellayan Subbiah (2R), Renesas Electronics India President and Vice President Malini Narayanamoorthi (R) and Gujarat state Chief Minister Bhupendrabhai Patel (3L) attend the inauguration of chipmaker CG Semi's OSAT (outsourced semiconductor assembly and testing) facility in Sanand on July 4, 2026. (Photo by Shammi MEHRA / AFP via Getty Images)

India's Prime Minister Narendra Modi (4R), Railways, Electronics and Information Technology Minister Ashwini Vaishnaw (3R), CG Power and Industrial Solutions Chairman Vellayan Subbiah (2R), Renesas Electronics India President and Vice President Malini Narayanamoorthi (R) and Gujarat state Chief Minister Bhupendrabhai Patel (3L) attend the inauguration of chipmaker CG Semi's OSAT (outsourced semiconductor assembly and testing) facility in Sanand on July 4, 2026. (Photo by Shammi MEHRA / AFP via Getty Images)

(L-R) Gujarat state Chief Minister Bhupendrabhai Patel, Renesas Electronics India President and Vice President Malini Narayanamoorthi, India's Prime Minister Narendra Modi, CG Power and Industrial Solutions Chairman Vellayan Subbiah and India's Railways, Electronics and Information Technology Minister Ashwini Vaishnaw attend the inauguration of chipmaker CG Semi's OSAT (outsourced semiconductor assembly and testing) facility in Sanand on July 4, 2026. (Photo by Shammi MEHRA / AFP via Getty Images)

India's Prime Minister Narendra Modi speaks during the inauguration of chipmaker CG Semi's OSAT (outsourced semiconductor assembly and testing) facility in Sanand on July 4, 2026. (Photo by Shammi MEHRA / AFP via Getty Images)

India's Prime Minister Narendra Modi attends the inauguration of chipmaker CG Semi's OSAT (outsourced semiconductor assembly and testing) facility in Gujarat's Sanand on July 4, 2026. (Photo by Shammi MEHRA / AFP via Getty Images)

(FILES) This photograph shows a Exail logo on a rover equipped with a quantum sensor mapping the subsurface of a parking in Reims, north-eastern France, on April 22, 2026. The French-Belgian group Exail Technologies, a specialist in mine-hunting drones and navigation systems, announced on July 3, 2026, that talks initiated with a view to its acquisition by the French engine manufacturer Safran have come to an end. (Photo by Sameer Al-DOUMY / AFP via Getty Images)

(FILES) This photograph shows screens displaying the logo of the company Thales, listed on the CAC 40, the main stock market index of the Paris Stock Exchange, in Toulouse on March 31, 2026. The French technology and defense group Thales announced on July 3, 2026, that it expects to book an exceptional charge of around 450 million euros in the first half of 2026, as a direct consequence of Germany's decision to scrap its large F126 frigate program. (Photo by Lionel BONAVENTURE / AFP via Getty Images)

(FILES) This photograph shows the 'Thales' logo at the International Cybersecurity Forum (FIC) in Lille, northern France, on September 7, 2021. The French technology and defense group Thales announced on July 3, 2026, that it expects to book an exceptional charge of around 450 million euros in the first half of 2026, as a direct consequence of Germany's decision to scrap its large F126 frigate program. (Photo by DENIS CHARLET / AFP via Getty Images)