India's Semiconductor Dilemma: Powering Global Giants Or Nurturing Homegrown Innovation?
On Thursday Prime Minister Narendra Modi, accompanied by his Singapore counterpart Lawrence Wong, visited a semiconductor manufacturing facility in the city-state at the tip of the Malaysian peninsula which has become one of Asia's leading economic powerhouses.
Though India's semiconductor production facilities are still nascent compared to many other Asian giants, India’s role in the global semiconductor industry has undergone a quiet yet significant transformation.
Traditionally known for its prowess in design rather than manufacturing, India has gradually carved out a position for itself in the semiconductor intellectual property (IP) domain, driven by strategic initiatives and the emergence of innovative domestic companies.
This shift is distinguishing between semiconductor fabrication and chip design—two distinct yet intertwined aspects of the semiconductor ecosystem.
While semiconductor fabs, similar to high-tech chemical plants, remain scarce in India, the country has made notable paces in chip design and IP creation.
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