A small step forward : a study of India’s position in the semiconductor value chain

Abstract

In the wake of COVID-19, the world has realized the importance of resilient supply chains. At the same time, the world is currently facing a ‘chip’ shortage. These chips, form the heart of a value chain, that runs at the heart of our digital economy. At the heart of these chips are semiconductors, the starting basis for all electronic circuitry. This study finds that though India is a huge customer of semiconductors, it has an extremely negligible share of the global value chains. Recognizing this, the Government of India has launched new schemes and policy measures. The study delves deep to find to what extent are these schemes well informed by past international experience, and what policy choices we exercise. The main recommendation is to clearly articulate a scientific and technological goal, beyond the current barr