Is India ready for a high-volume semiconductor manufacturing?

This was the title of an industry session at IEEE International Conference of Emerging Electronics (ICEE) 2022 event held in Bangalore from 11th to 14th of Dec 2022 . The panel include people from different types of semiconductor businesses/product categories namely: Mr. Sameer Pendharkar, Vice President, Technology Development & TI Senior Fellow, Texas Instruments. Dr. Primit Parekh, Co-Founder & President, Transphorm Inc. Dr. Shekar Mallikarjunaswamy, Vice President IC Technology & TVS, Alpha Omega Semiconductor. Dr. Ritu Sodhi, Technical Consultant, ROHM Semiconductor, India. Dr. Ravi Todi, Sr. Technologist, Western Digital Inc. The session was chaired by Dr. Madhur Bobde, CTO, Alpha Omega Semiconductor. He started the session by sharing his views on the subject of India getting into high-volume semiconductor manufacturing. He was quite optimistic on the possibility of India having a large fab. He sees stars are aligning in India's favour. The supporting points found by him include: massive consumption of semiconductor in India, need of secure supply chain of semiconductor, and the geopolitics is also favouring India as an alternate supplier. The most important according to him is requirement of huge investment of money and time to start a fab and making it profitable. He came out with a nice slide explaining how different is valley of...