Can India Catch Up With The US, Taiwan And China In The Global Chip Race?

In October, a small electronics manufacturer in the western Indian state of Gujarat shipped its first batch of chip modules to a client in California. Kaynes Semicon, together with Japanese and Malaysian technology partners, assembled the chips in a new factory funded with incentives under Indian Prime Minister Narendra Modi’s $10bn semiconductor push announced in 2021. Modi has been trying to position India as an additional manufacturing hub for global companies that may be looking to expand their production beyond China, with limited success.

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Can India Catch Up With The US, Taiwan And China In The Global Chip Race?

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