Posted on 08 March 2024
India's ambitious $10 billion microchip dream has sparked both excitement and concern, as the nation seeks to bolster its domestic semiconductor industry. With the global chip shortage highlighting vulnerabilities in the supply chain, India's push for self-reliance in microchip manufacturing appears timely. However, this endeavour also raises environmental concerns, particularly regarding the high energy consumption and potential pollution associated with semiconductor fabrication. As India navigates this delicate balance between economic development and environmental sustainability, stakeholders are closely monitoring the strategies employed to mitigate these risks while capitalizing on the golden opportunity presented by the burgeoning microchip market.
Source: Devex