India is leveraging its large talent pool to advance its semiconductor industry, aiming to shift from "Make in India" to "Engineer in India." The government has allocated $13 billion for the second phase of its semiconductor mission, which includes developing a substantial workforce and supporting the entire supply chain from design to manufacturing. This initiative follows global chip shortages and aims to position India higher in the value chain, with several companies already beginning assembly, testing, and packaging operations. AI
IMPACT Aims to bolster India's role in the global semiconductor supply chain, potentially impacting AI hardware development and availability.
RANK_REASON Government policy initiative with significant funding to boost a key industry. [lever_c_demoted from significant: ic=1 ai=0.7]
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