India is making rapid strides towards realising its ambition of becoming a global semiconductor hub. Since the inception of the India Semiconductor Mission in 2022, the country has sharpened its focus by inviting foreign investments and encouraging the development of indigenous semiconductor plants.
The Centre’s focus on fabrication plants (fabs), outsourced semiconductor assembly and test (OSAT) facilities, and advanced packaging units, paired with the government’s many initiatives and public-private partnerships, has created a fertile space in the…