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India is Pitching Itself as the Next Semiconductor Fab Location to Intel, GlobalFoundries and TSMC

TheLostSwede

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At the end of 2021, there was quite a lot of noise when it came to India's homegrown semiconductor fab initiative, where the nation was trying to win over Intel, as well as some other semiconductor manufacturers. It would appear that the Indian government has stepped up its efforts and is now actively pitching to Intel, GlobalFoundries and TSMC. The main person behind this is said to be Rajeev Chandrasekhar, the minister of state for technology and entrepreneurship and a former Intel engineer. So far it seems like Chandrasekhar hasn't gotten very far according to the article The Economic Times, where he states that "We're meeting the CEOs, talking to them, making presentations."

On the other hand, recent news has suggested that Foxconn is interested in setting up some kind of foundry in India, in a partnership with local Vedanta Group. It's unclear what kind of semiconductors this would be for though, especially as Vedanta is mostly in the mining industry. The various Indian states are said to be very keen on the other hand, both in terms of getting new industry, but also in getting new investments. Earlier this month, during his tour of several Asian countries, Intel's CEO, Pat Gelsinger had a meeting with the Indian Prime Minister, Narendra Modi, but what came of that meeting is unclear. India is hoping to be able to reproduce the success it has had when it comes to manufacturing smartphones locally, with Samsung, Nokia and Xiaomi producing locally, as well as Taiwanese Foxconn, Wistron and Pegatron, who contract manufacture Apple devices. However, semiconductors are far more complex to make than smartphones, so if India isn't willing to play the long game, it's unlikely much will come of its attempts to attract semiconductor foundries.



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Hi,
Tooting your own horn.
 
Strange header ,they weren't likely to pitch Italy were they.
 
The article title is hurting my brain.

Please do the needful.
 
The article title is hurting my brain.

Please do the needful.
Better?

Also, that is very Indian of you. Please intimate me via PM next time.
 
if India is pitching who is catching?
 
Your cars warranty is about to expire (vehicle is from Year 2000)
 
Pat will ask a lot so I doubt deal with Intel will materialize. Taiwan may want a security agreement with India to counter China but can they 'encourage' TSMC a build a fab in India? GF, Samsung seems like more probable choice to me. TSMC would be best though I doubt the overwork culture of TSMC will work in India.
 
Would be nice to spread semiconductor production across the globe.








As soon as the U.S. can produce enough in country to meet its own demands that is.
 
Oh cool didn't realize China, EU & a bunch of other countries stopped buying Russian gas or oil :rolleyes:
Well, AFAIK China haven't stopped buying russian oil, they just missing like 7000 miles of conduit to do it more effectively...
 
You do know China is the second largest buyer of natural gas from Russia after the EU? I don't know about how much oil they buy, but if you don't count the EU as a single block China is way up there with no one really close to them! I'm pretty sure they've been buying it at a discount too but not advertising it like some stupid (news) outlets here :ohwell:

If there's a good deal to be made on natural resources China will always be up there, FFS they own/operate what 15/19 Coltan mines in DRC.
 
Guys we are straying off topic, semiconductor fabs is some distance away from global energy supplies and sanctions.

 
lol, yea, and then there will be workers union's strike, violence , bribes and what not. Being an Indian, I don't think any of those chip manufacturers would want to come here and waste their time.

Have a look
 
Why never in the southern parts of Africa? :roll:
 
Part of the reason is close proximity to China (ironically) & relatively close to SE Asia, especially Taiwan. A lot of components can be brought from Europe as well as East Asia quickly & in most cases cheaply. Also huge market with nearly 1.4 billion people.
 
Would be a very bad move, not only because of the Indian tax laws (the reason why F1 stopped going) but also local corruption. its true though, that these companys need to move away from Asia or at least have extra capacity elsewhere.
 
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