Can high levels of subsidy and a change of tack by government attract big names in the semiconductor industry to set up fabs in India?
By Peter Clarke
What’s a stake:
India’s semiconductor dream has just gotten a much needed reset. Partially at stake is India’s progress as a newly industrialized country. Also it matters to India’s ability to compete with China, Europe and other regions. If India’s 18-month-old semiconductor incentive scheme flops it could deny the subcontinent leverage in accessing leading-edge electronics, optoelectronics and quantum technology for many years to come.