India’s semiconductor sector heats up amid US support

NEW DELHI - India’s semiconductor space is heating up, with the country likely to be a beneficiary of the tussle between the United States and China for technological supremacy.restrict the sale of chips or chip-making equipment to China,The two countries discussed “bilateral collaboration on resilient semiconductor supply chains” and manufacturing at the inaugural meeting of the India-US Initiative on Critical and Emerging Technology on Feb 1.

It noted that semiconductors enable communication, precision guidance and vision during the night and poor weather, all of which are essential for any modern military. The joint venture has applied for government incentives to set up a semiconductor fab, which is a plant that manufactures integrated circuits from raw silicon wafers, in Dholera in Gujarat state.

Tata Sons is also going to build a “semiconductor assembly testing business” and was in talks with other firms, its chairman Natarajan Chandrasekaran said in December. Other countries and regions have also announced plans to ramp up domestic production of semiconductors on the back of estimates that the size of the industry will double by 2030. For instance, the European Union plans to provide billions in financial support to set up factories for advanced chip production.“I feel it will take two to three years for this ecosystem to take off.

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