“When the chips are down, count on India,” Prime Minister Modi said at a semiconductor conference this week.
Three chip projects are slated to start pilot production this year, emphasizing the country’s entry into the global chip battle — dominated by tricky neighbors and fickle friends.
India’s four-year-old mission to develop a local semiconductor industry is gaining momentum, suggests government data. To date, there are 10 semiconductor projects; $18 billion in investment commitments; subsidies of over $7 billion allocated; 23 chip design projects sanctioned; a new semiconductor-led technical education curriculum, and over 60,000 students under various training programs.
