View from India: Tech inflections drive semiconductor industry
5G devices, gaming consoles, hi-tech electronics, connected vehicles and electric mobility require semiconductor chips. Understandably, these chips cannot be manufactured overnight and more so as the process is capital intensive. Broadly, the process involves wafer manufacturing which is at the frontend and packaging, which represents the backend of the system. Yet, chip manufacturers can try to lower the bridge between the demand and supply gradually. Another way of looking at it is to wait for things to get back to pre-Covid days. The Government of India (GoI) has built Centres for Excellence in Nanoelectronics (CENs) at the Indian Institute of Technology (IIT) Bombay and the Indian Institute of Science (IISc). This has paved the way for exploring research in semiconductors. State governments…