Today, semiconductors are used everywhere. Whether it’s the device on which you’re streaming this episode, the drive assist or safety features of a car, or aerospace and defense equipment—semiconductors are ubiquitous. However, in the last couple of years there has been a dearth of supply of semiconductors. The semiconductor shortage today can be attributed to supply chain disruptions and several geopolitical factors in the early days of COVID-19. Realizing their importance and potential, countries around the world, including India, have been investing in the semiconductor capabilities. In December 2021, the Indian government approved a Rs. 76,000 crore production-linked incentive scheme to boost semiconductor and display manufacturing.
Given their ubiquity, what have governments across the world been doing to strengthen production capability? Where does India fit in? What does the increase in semiconductor capabilities mean for the world?
Sanjay Gupta is the vice president and India country manager at NXP India. A seasoned professional with more than 25 years in the semiconductor industry, Sanjay is committed towards the development of the sector in India and has been vocal about the importance of government-industry-academia partnership in key industry forums. He leads NXP’s business in India while ensuring local compliance with both government and corporate programs and policies.
Konark Bhandari is an associate fellow with Carnegie India. He is a lawyer who has researched on certain areas in the digital economy, focusing primarily on approaches to antitrust regulation of companies in the digital realm. He is currently working on a research project on semiconductor supply chains.
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