UPS to make parcel-tracking tags in India

LONDON, May 29 (Reuters): United Parcel Service, the world's biggest parcel delivery firm, is in talks with several Indian state governments to make some of the tags used in tracking packages in the Asian country, a senior executive told Reuters on Wednesday.
Semiconductor manufacturing is among Prime Minister Narendra Modi's key business agendas as he pursues an ambition of making the country a chipmaker for the world, even though the Indian government faced setbacks in its initial bid to offer $10 billion in incentives to the industry.
UPS began expanding its use of radio-frequency identification (RFID) tags on packages about two years ago.