{"id":201965,"date":"2022-08-25T18:42:12","date_gmt":"2022-08-25T13:12:12","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=201965"},"modified":"2022-08-25T18:45:05","modified_gmt":"2022-08-25T13:15:05","slug":"chips-for-growth","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/chips-for-growth\/","title":{"rendered":"Chips for growth"},"content":{"rendered":"\n<p><strong>Source<\/strong>: The post is based on an article\u00a0<strong>\u201c<\/strong>Chips for growth<strong>\u201d<\/strong>\u00a0published in\u00a0<strong>The Business Standard<\/strong>\u00a0on\u00a0<strong>25<sup>th<\/sup>\u00a0August 2022<\/strong>.<\/p>\n<p><strong>Syllabus: GS 3 \u2013 Industries and industrial policies <\/strong><\/p>\n<p><strong>News: <\/strong>India\u2019s attempt to enter the global semiconductor market with a government commitment of $10 billion is well-timed. But the policy decision must be followed up with a lot of work on the ground.<\/p>\n<h5><strong>What were the reasons behind the disruption of the value chain for chips?<\/strong><\/h5>\n<p>First due to the pandemic, and then by the Ukraine War, the supply of neon, a gas that\u2019s key for the semiconductor manufacturing process, was affected.<\/p>\n<h5><strong>What are the advantages for India to enter into the semiconductor market?<\/strong><\/h5>\n<p><strong>First, <\/strong>India has a strong background and plenty of skills and experience in chip design.<\/p>\n<p><strong>Second,<\/strong> it has a large domestic market, which is expected to grow faster after the launch of 5G telecom services, which will create new demand for chips.<\/p>\n<p><strong>Third<\/strong>, India has a large automobile industry, that has suffered from chip shortages.<\/p>\n<p><strong>Fourth,<\/strong> domestic semiconductor production could also provide a boost to the growing aerospace and defense sectors and enable local mobile handset manufacturing to move up the value chain.<\/p>\n<h5><strong>What are the concerns associated with India, entering the semiconductor market?<\/strong><\/h5>\n<p><strong>Policy drafts,<\/strong> made for the industry, are ambiguous and unclear.<\/p>\n<p><strong>Delays in land acquisition<\/strong>, environmental and other statutory clearances are also major issues.<\/p>\n<h5><strong>Lack of infrastructure.<\/strong><\/h5>\n<p>Chip manufacturers <strong>require massive amounts of absolutely pure water,<\/strong> whereas India is water-deficient and the water quality is poor in most places.<\/p>\n<p>The p<strong>olicy commitment of $10 billion and assurances of support by India may not be enough,<\/strong> as setting up these plants is fairly expensive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on an article\u00a0\u201cChips for growth\u201d\u00a0published in\u00a0The Business Standard\u00a0on\u00a025th\u00a0August 2022. Syllabus: GS 3 \u2013 Industries and industrial policies News: India\u2019s attempt to enter the global semiconductor market with a government commitment of $10 billion is well-timed. But the policy decision must be followed up with a lot of work on the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/chips-for-growth\/\">Continue reading <span class=\"screen-reader-text\">Chips for growth<\/span><\/a><\/p>\n","protected":false},"author":10308,"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":[10503,216],"class_list":["post-201965","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-business-standard","tag-gs-paper-3","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704811919},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/201965","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\/10308"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=201965"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/201965\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=201965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=201965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=201965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}