India’s Semiconductor manufacturing dreams, now a game of numbers

As global semicon players announce plans to take up Indian government’s ‘Make in India’ incentive packages, the US reignites its own CHIPS awards with $ 52.7 billion in the kitty

'SemiconIndia 2023' was inaugurated byPrime Minister Narendra Modi in July 2023 / ism.gov.in

Early January was an upbeat time for India’s aspirations to be a semiconductor manufacturing powerhouse. The Vibrant Gujarat global summit saw two candidates – the Tata Group and South Korea-based Simmtech – announce plans to set up semicon fabs and assembly units in the state. This came just four months after US chipmaker Micron broke ground in the same state for a chip assembly, testing and packaging plant.

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