After 17 yrs of toil, India is finally ready for tryst with semiconductors

With the Cabinet pressing on with the semicon mission by clearing three landmark projects, India is poised to join the elite club that dominates the global fab scenario

The exclusive club that dominates the global semiconductor fab scenario is about to get a new member.

Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semico­n­ductor and electronics design and manufa­c­turing, projects all fabs collectively will churn out 30 million wafers a month this year.

Soon there will be a new entrant into this cosey club. After 17 years of toil, India is fin­ally ready for its tryst with semiconductors.

On Thursday, the Union Cabinet app­ro­ved Rs 1.26 trillion worth of investments in three semiconductor plants, including one by the Tata