Context: Growing importance of Semiconductors or chips/integrated circuits (ICs) and China’s experience with the manufacturing and design of the same provides a strong case for focusing on chip designs.
Growing importance of Semiconductors or chips/integrated circuits (ICs):
Reasons for India to focus on chip design:
Conclusion: India should use its scarce capital to incentivise and promote chip design and niche areas of manufacture in older generation chips rather than manufacturing contemporary technology semiconductors.