No country for chipmakers?

To matter in semiconductors, India needs more than fabs. It must back public research, rebuild engineering education, and retain scientific workforce.

In Pursuit of a Semiconductor Industry: What India Can Learn from South Korea and Singapore

This report analyzes Singapore and South Korea’s semiconductor journeys to guide India’s $10 billion Semiconductor Mission. Both countries prioritized economic reforms and talent development despite different approaches—Singapore leveraged MNCs, Korea empowered chaebols. Key lessons: focus on assembly before fabrication, develop specialized talent, and build competitive advantages beyond capital investment alone.