Push for indigenized manufacturing of semiconductors
BUSINESS & MANAGEMENT
The ongoing COVID19 pandemic has adversely impacted the production and distribution activities within multiple industries. One notable industry relates to the manufacturing and distribution of semiconductors. Before we delve into this topic a bit, given below is a nice article that explains what a semiconductor is and why it is has become so omnipresent in our day to day lives.
How Semiconductors Work | HowStuffWorks
With the onset of the era of Internet of Things, more and more electronic gadgets are getting fitted with multitudes of semiconductors, making the ability to manufacture them a strategic imperative for any developing / developed economy. In this context, the recent announcement by the government of India about a massive infrastructure push in this industry space has drawn a widespread acclaim. Details of this government scheme are summarized via the article represented by the link below.
PM Modi hails Semiconductor Mission; says it will strengthen dream of Aatmanirbhar Bharat (republicworld.com)