The promise of government subsidies is causing international players to give the subcontinent another look, but infrastructure and other problems are an impediment to foundry launches.
By Sufia Tippu
What’s at stake?
India has been trying unsuccessfully for decades to create strategic alliances for semiconductor manufacturing. Now, amid the confluence of geopolitics, economic uncertainty and supply chain disruptions, India’s best shot may be in chip assembly, test and packaging.
An oft-repeated joke in Silicon Valley goes something like this: What comes first, Middle East peace or a fab in India?