‘India Shaping its Chip Industry’ delves into the fascinating semiconductor journey that commenced on a promising note in the 1980s. Despite that strong beginning, the country found itself largely dependent on imports, which became painfully evident during the Covid pandemic when global supply chains were disrupted. This experience served as a wake-up call, highlighting the necessity for self-sufficiency in critical technologies. Recognising that our reliance on foreign nations can have significant implications on both our economic stability and national security, the Prime Minister made a committed decision to make India self-reliant in the semiconductor sector. In response, the government has actively revised its national electronics policy to create a conducive environment for growth and innovation in the semiconductor industry. Moreover, it is investing efforts in developing critical and emerging technologies while forging strategic partnerships with other countries. This collaborative approach aims to reboot and reinvigorate the semiconductor landscape in India, paving the way for a robust domestic industry. The efforts being made today are not merely reactionary but are rooted in a vision for sustainable growth. As the fruits of this initiative begin to materialise, the future of India’s semiconductor industry looks promising and full of potential.
