I have been following news articles on the status of semiconductor fabs to be set up in India. Way back in 1999, when I was part of the PM’s Task Force for hardware, I started talking about setting up a semiconductor fab in India. In the 2009 Task Force, which was co-chaired by me and Kiran Karnik, we recommended setting up of semiconductor fabs and predicted that the electronics import bill will gallop to exceed the oil bill. Logically, it would require a joint venture or consortium of a major Indian company and an international company that brings in relevant experience. I do hope more proposals like these come up by creating unique relationships of a big Indian company, a technology partner and a global brand big in electronics.
Continue reading...