FUTURE OF SEMI-CONDUCTORS INDUSTRIES IN INDIA

Author Name: Geetika Grover

Volume/Issue: 03/05

Country: India

DOI NO.: 08.2020-25662434 DOI Link: https://www.doi-ds.org/doilink/11.2022-76871695/UIJIR

Affiliation:

Assistant Professor, Patel Memorial National College, Rajpura, Punjab, India

ABSTRACT

Importing chips is a major barrier to the country's strategic sector becoming self-sufficient in the modern era. The current trend of chip development at nanoscale geometry requires significant and ongoing capital expenditure, which is not feasible at this time. The country needs to make the best use of the technology that is now available to meet its needs for achieving self-reliance in strategic sectors. The creation and implementation of such mechanisms that can lead to national independence are the main barriers in the nation. Despite the government's unwavering backing, we are still far from being able to support ourselves on the current technology node. The function of trade policy in the current Indian setting is discussed in this study. India now has a sizable domestic market but relies heavily on imports of semiconductors. The nation has a small number of semiconductor manufacturing facilities despite having a strong workforce that is noted for its expertise in tech engineering and semiconductor design. There is plenty of space to expand the domestic ecosystem and raise India's standing internationally. This article will highlight the foundry complexity, the country's current situation, remedial procedures, and a suggested framework for developing a semiconductor-friendly environment in the nation.

Key words: Semiconductor industry, Self-Relaince, Fables Foundary, Technology Upgradation