{"id":131219,"date":"2021-09-03T20:33:44","date_gmt":"2021-09-03T15:03:44","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=131219"},"modified":"2021-09-04T17:37:38","modified_gmt":"2021-09-04T12:07:38","slug":"chipped-vulnerable-goi-must-make-public-investments-to-encourage-private-manufacturing-in-strategic-semiconductor-industry","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/chipped-vulnerable-goi-must-make-public-investments-to-encourage-private-manufacturing-in-strategic-semiconductor-industry\/","title":{"rendered":"Chipped &#038; vulnerable: GoI must make public investments to encourage private manufacturing in strategic semiconductor industry"},"content":{"rendered":"\n<p><strong>Synopsis<\/strong>: There is an urgent need for India to scale up the manufacturing of semiconductors.<\/p>\n<p><strong>Introduction<\/strong><\/p>\n<p>India&#8217;s automobile industry is facing a major shortage of semiconductors. The supply situation isn\u2019t expected to ease any time soon. That\u2019s mainly because chip manufacturing is concentrated in a few countries.<\/p>\n<p><strong>Why there is a shortage of semiconductors?<\/strong><\/p>\n<p>The semiconductor shortage today is a <strong>result of multiple factors<\/strong>.<\/p>\n<p>These include the rapid <strong>growth of 5G Technology<\/strong>, the <strong>ever-growing need for greater computing power<\/strong>, the Covid pandemic induced <strong>demand for information communication technology and digital entertainment products<\/strong>.<\/p>\n<p>Private firms <strong>cannot easily set up manufacturing plants<\/strong> to produce semiconductors. Establishing foundries is <strong>hugely capital intensive and has a gestation period of up to three years<\/strong>.<\/p>\n<p><strong>What has India already done?<\/strong><\/p>\n<p>India invited proposals from semiconductor companies to set up the industry in December 2020. The government also offered <strong>more than $1 billion in cash incentives<\/strong> to each semiconductor company that sets up manufacturing units.<\/p>\n<p><strong>What should India do to improve the availability of semiconductors?<\/strong><\/p>\n<p>India should <strong>increase the base for semiconductor manufacturing<\/strong> and also has to <strong>formulate policies to promote domestic chip manufacturing<\/strong>.<\/p>\n<p>India should follow the US, China and South Korea&#8217;s path. These countries invested huge public money on-chip manufacturing.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Source<\/strong>: This post is based on the article &#8220;<strong>Chipped &amp; vulnerable: GoI must make public investments to encourage private manufacturing in strategic semiconductor industry<\/strong>&#8221; published in <strong>The Times of India<\/strong> on <strong>2nd September 2021<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Synopsis: There is an urgent need for India to scale up the manufacturing of semiconductors. Introduction India&#8217;s automobile industry is facing a major shortage of semiconductors. The supply situation isn\u2019t expected to ease any time soon. That\u2019s mainly because chip manufacturing is concentrated in a few countries. Why there is a shortage of semiconductors? The&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/chipped-vulnerable-goi-must-make-public-investments-to-encourage-private-manufacturing-in-strategic-semiconductor-industry\/\">Continue reading <span class=\"screen-reader-text\">Chipped &#038; vulnerable: GoI must make public investments to encourage private manufacturing in strategic semiconductor industry<\/span><\/a><\/p>\n","protected":false},"author":10331,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[8671,216,8678],"class_list":["post-131219","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-changes-in-industrial-policy","tag-gs-paper-3","tag-semiconductor-industry","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704913830},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/131219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10331"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=131219"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/131219\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=131219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=131219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=131219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}