‘INDIA IS NOW ONE OF THE HOTTEST DESTINATIONS FOR SEMICONDUCTOR DESIGN’
WITH THE Union Cabinet approving a ₹76,000-crore incentive scheme for semiconductor manufacturing, Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology, as well as for Skill Development and Entrepreneurship, explains the government’s vision behind the decision and its ecosystem-led approach in an interaction with Business Today’s Nidhi Singal. Edited excerpts:
After focussing on assembly in India, the government is now looking at growing the overall ecosystem within the country. What is the vision when it comes to semiconductors?
an electronics ambition. The reason that ambition is very relevant is that when Narendra Modi became Prime Minister in 2014, the electronics industry, and more specifically the components industry that fed the electronics industry, had been devastated. If you look at the period up to 2014 and see what the situation of the electronics sector was compared with many years before that, you would notice that the successive
