Summary
India is working to become a bigger player in the global semiconductor industry with significant investments in chip manufacturing. The country is developing its first major chip manufacturing plant in Gujarat, supported by collaborations with international companies. However, experts warn that India needs more foreign investment and advanced technology to compete with leading countries like the US, Taiwan, and China.
Key Facts
- India is building its first commercial chip manufacturing plant in Gujarat with assistance from Taiwanese and US companies.
- Prime Minister Narendra Modi announced a $10 billion initiative in 2021 to boost India's semiconductor industry.
- The new plant involves a collaboration between India's Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation.
- The plant is expected to start operations by December 2026 and focus on producing "mature" chips, which are easier to produce.
- US tech giant Intel is exploring partnerships with Tata Electronics for chip manufacturing and packaging.
- India's semiconductor projects have drawn considerable investment, including from companies like Idaho-based Micron Technology.
- Mature chips are widely used in consumer electronics, while smaller, more advanced chips are key for high-tech applications like AI.
- India needs further investment and development in advanced chip technology to match global leaders like Taiwan and the US.
