Mint Explainer: Why India wants to get into the semiconductor game4 min read . Updated: 23 Sep 2022, 10:54 AM IST
- Carmakers in India alone had 7 lakh pending orders in December 2021 due to an inability to get their hands on the appropriate semiconductors.
Semiconductors are the new battleground in the field of high technology as nations race to establish a foothold in the manufacture of these vital components that power everything from traffic lights to advanced weaponry. India has tossed its hat in the ring in its quest to become a key manufacturing base for semiconductors. The Mint breaks down the emerging battle for chips, as semiconductors are popularly known, and India’s ambitious plans for this technology.
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