The semiconductor industry fuels modern technology, driving the demand for smaller, faster, and more efficient electronic devices. Nations are competing to lead in this pivotal sector, investing strategically in fabrication technology to reshape the global landscape.
According to The Economic Times, India’s efforts to establish itself across the chip-making value chain are evident in recent developments, marked by Prime Minister Modi’s inauguration of three new manufacturing and assembly facilities in Gujarat and Assam. These initiatives signify a strategic move towards positioning India as a global semiconductor hub. With investments in fabrication units like Tata-Powerchip Semiconductor Corp’s facility in Dholera, outsourced semiconductor assembly and test (OSAT) units in Assam and Sanand, and Micron’s OSAT plant in Gujarat, India is strategically placing itself at various points in the semiconductor value chain.
Additionally, the country boasts a substantial talent pool for chip design, further solidifying its presence in this crucial industry. India’s proactive approach reflects its recognition of the shifting global supply chains away from countries like China and Taiwan, presenting an opportunity to assert itself as a key player in semiconductor manufacturing.
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