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Need to increase investment in the semiconductor sector

Punnami Newsroom Published:
Need to increase investment in the semiconductor sector

Story highlights

  • The editorial analysis states that India needs to invest heavily in semiconductor manufacturing to achieve digital sovereignty.
  • It said that increasing domestic manufacturing capacity is imperative in the context of disruptions in global supply chains and geopolitical tensions affecting the availability of chips.
  • It reminded that semiconductors are key for the development of electronics, defense, telecommunications and automobile sectors.

The editorial analysis states that India needs to invest heavily in semiconductor manufacturing to achieve digital sovereignty. It said that increasing domestic manufacturing capacity is imperative in the context of disruptions in global supply chains and geopolitical tensions affecting the availability of chips. It reminded that semiconductors are key for the development of electronics, defense, telecommunications and automobile sectors. It believes that if the incentive schemes announced by the central government and the industry-academic partnership increase, India has the potential to emerge as a world-class center in this sector.

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