Laws passed by Taiwan & the US won’t affect India in a “significant way” and there is “enough space for everyone” in the global industry, says industry expert K Krishna Moorthy.
Modi government is trying to pitch India as a favourable location for chip manufacturing companies at a time when US restrictions are hobbling China’s semiconductor ambitions.
Some of the appointments in China’s ruling elite after the 20th Party Congress reflect its priorities in building a foundation for science and technology.
Chip manufacturing needs a complex ecosystem. The tools are Japanese domain; the photolithography equipment a Dutch speciality, and the materials are supplied by Russia and Ukraine.
Unit is expected to generate around 2 lakh jobs & is likely to come up in Talegaon, Pune due to its industrial infrastructure and supply of skilled manpower, says Maharashtra govt.
India lagged in semiconductor revolution of the 1980s, while countries like China and Taiwan raced ahead. Some start-ups are doing cutting-edge work, but there’s a long way to go.
The processing power, provided by the use of semiconductors, is required for battery management software that manages the cells in EVs to optimise the workings.
Behind closed doors, though, some people in the industry are getting increasingly concerned that the push to make the West more competitive might backfire.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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