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 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)

(FILES) LVMH chairman and CEO Bernard Arnault and his wife French-Canadian pianist Helene Mercier-Arnault arrive at The Elysee Presidential Palace for a working dinner with France's President and Thailand's King Maha Vajiralongkorn as part of the Thai King's State visit to France, in Paris on June 29, 2026. Bernard Arnault, the head of global luxury giant LVMH, has been ordered to pay nearly 22.5 million euros in back tax, according to a ruling by the Paris Administrative Court seen by AFP. The billionaire, France's wealthiest individual, and his wife may lodge an appeal with the Council of State. (Photo by Dimitar DILKOFF / AFP via Getty Images)

(FILES) LVMH chairman and CEO Bernard Arnault delivers a speech during the annual general meeting of the world's leading luxury group LVMH at the Carrousel du Louvre in Paris on April 23, 2026. Bernard Arnault, the head of global luxury giant LVMH, has been ordered to pay nearly 22.5 million euros in back tax, according to a ruling by the Paris Administrative Court seen by AFP. The billionaire, France's wealthiest individual, and his wife may lodge an appeal with the Council of State. (Photo by Ludovic MARIN / AFP via Getty Images)

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)