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Why Govt Must Get TSMC, Intel, Or Samsung To 'Make In India'


Why Govt Must Get TSMC, Intel, Or Samsung To ‘Make In India’
by Tushar Gupta - May 12, 2021 05:14 AM
Prime Minister Narendra Modi and Minister Ravi Shankar Prasad.
Snapshot
While it is not possible for the Modi regime to invest on the scale at which China does, it can offer more incentives in the form of infrastructure support across the first five or 10 years for any company willing to invest in India.
India is still light years away when it comes to an indigenous manufacturing capacity for semiconductors, but it all starts with getting someone to ‘Make in India’.
The coronavirus pandemic has had an unintended consequence. While people struggle for oxygen, medicines, and other medical equipment from the United States to Australia, the tech giants are struggling with a steady supply of semiconductors. ....

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Partnering with India can balance out Chinese power


© SAJJAD HUSSAIN/AFP via Getty Images
The recently declassified U.S. strategic framework on the Indo-Pacific region shows that U.S. national security policymakers at least under Trump envisioned India as a regional balancer to China in the Indo-Pacific. 
But the strategy, which deals mostly in conventional security challenges, is missing at least half of India’s potential value in the geopolitical tug-of-war. U.S. policymakers should be working to shift a good portion of the roles China now plays in the U.S. economy as a market and as a supplier onto India’s shoulders. 
Politically and economically, India is a strong candidate to be a regional balancer in the Indo-Pacific region.  ....

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