- GS-3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
Context: Semiconductors are the new battleground in the field of high technology as nations race to establish a foothold in the manufacture of these vital components that power everything from traffic lights to advanced weaponry
In a bid to make India’s $10 billion chip-making initiative more attractive to investors, the Centre on September 21, approved changes to the scheme for the development of a semiconductor and display manufacturing ecosystem.
Main Practice Question: Having made significant strides in digital technology, the time has come for India to become a reliable global source for semiconductor chips as well. Discuss.
Note: Write answers to this question in the comment section.