India wants to become a global semiconductor manufacturing centre, attracting investment, creating jobs and making itself less vulnerable to the kind of shortages witnessed after the COVID-19 pandemic. The chips are at the heart of various devices and machines, from cars to laptops and defence equipment to smartphones. The Centre is offering subsidies and incentives, and there is a lot of interest from global majors. However, there are serious challenges too: the industry is capital-intensive, requires vast amounts of ultra-pure water and uninterrupted power supply – none of which can be guaranteed in India. Can India trump China, the US and the EU to become the world’s semiconductor assembly line? Please listen to the latest episode of All Indians Matter.