India Needs to Focus on Chip Industry
For strategic autonomy, the country must acquire indigenous capacity in chip manufacturing.
For strategic autonomy, the country must acquire indigenous capacity in chip manufacturing.
It is not unusual for construction workers excavating sites to stumble on ruins or even dinosaur fossils in certain parts of the world. In India, excavation of construction sites is likely to throw up the bones of infrastructure companies and non-banking finance companies (NBFCs) that financed them, which were nearly driven to extinction during the pandemic.
India’s Production Linked Incentive (PLI) scheme, launched in 2020 with high expectations, aimed to provide a subsidy of Rs 1.9 lakh crore over six years. However, as of March 2023, only Rs 3,400 crore in claims have been received and Rs 2,900 crore disbursed. The scheme had, therefore, experienced a significant shortfall.
Recently, I happened to attend the 6th Indian Ocean conference ,2023 in Dhaka which was organized by the India Foundation in collaboration with Ministry of External Affairs of India and Ministry of Foreign Affairs of Bangladesh among others.
In an unanticipated move, New Delhi has decided to host the 23rd Summit of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) virtually on July 4, 2023, rather than in person. India, the current chair of the eight-member grouping, has also invited the three Observer States and the heads of six regional and international organisations to participate in the summit hosted by prime minister Narendra Modi. Since assuming the rotating presidency at the historical city of Samarkand last year, New Delhi used its diplomatic capital to host 134 events, including 14 ministerial-level meetings to pursue the often-blurred regional collaboration and cooperation agenda of this divergent and antagonistic grouping. However, the decision to host the annual summit online has indicated India’s disappointment with what is increasingly emerging as a fragmented grouping being used by China to pursue its hegemonic interests.
LPPYF Law and Public Policy Youth Fellowship | An Online National Summer School Program | A Two- Month Online Immersive Legal Awareness & Action Research Certificate Training Course and Internship Program | June-August 2023 | IMPRI #WebPolicyLearning Inaugural Session: Chair: Prof Vibhuti…

Rise of Bangladesh: Implications for India’s North-East | Panel Discussion | #DiplomacyDialogue | IMPRI #WebPolicyTalk #IMPRI Center for International Relations and Strategic Studies (CIRSS), IMPRI Impact and Policy Research Institute, invites you to an IMPRI #WebPolicyTalk event, as a part of…