Digital infra: Pushing chips hard

Despite India's growing contribution to end-user demand, the country remains a passive consumer, vulnerable to geopolitical tensions that could disrupt the supply chain

At the Business Standard Manthan on March 27, 2024, Ashwini Vaishnaw, minister of information technology, telecom and railways, made some hard-hitting points:

(i) Semiconductor is a $750 billion global industry set to double in the next 6-7 years, and India is purposefully striving to develop its own capabilities.
 

(ii) What is working in favour of India is its abundant technically oriented talent, access to green energy and a growing specialty chemicals manufacturing ecosystem.

(iii) India is aiming to capture a significant share of the full value chain — from conceptualising a new chip, to designing and validating it, and then taking it