New Delhi, April 16 -- Will India be able to emerge as a global hub in semiconductor manufacturing in the coming years? Prime Minister Narendra Modi last month laid foundation stone of three semiconductor projects - two of them in Gujarat and one in Assam - worth around Rs.1.25 lakh crore. These three proposals had been approved on February 19 and now the Government has committed to get them started within 100 days, which is a best in class industry benchmark.
From smart phones to missiles, semiconductor chips are used in a range of electronic devices, and currently the government is leaving no stone unturned to woo leading global chip making companies to set up operations in the country. While some sceptics point out that it will not be a...