What is causing Taiwan’s TCMS, Intel and South Korea not to participate in Indian $10 billion incentive program for Chip manufacture. We need them in India even if they manufacture lower or 28nm very popular chips. Long range prospects with these companies in India is better than lesser known chip manufacture. Already Vedanta has made unreasonable demands for 500 acres of free land, free water and power on top of $10 billion they want from the government for $3 billion costing plant.
I think Modi should directly talk to the major producers . If Chinese in Peking do not like us talking to Chinese in Taiwan then tough luck. We need this vital manufacture in India.
It is not easy to get less than 28 nm fab plants in a first time itself. Because more the size of SC reduces it production cost exponentially increases. Even GOI knows this and that's why we put emphasis on 65, 45 and 28 nm (we put 28nm or <28 nm). These three sizes have pretty much stable for a long time so the setting up and production cost will be less thus the interested company can invest and also we can floor some money. But within the last decade the size of processor reduces from 28 nm to now just 5 nm, I heard about the processor size in smartphones during 2016 period as 22nm and now we have 5nm processors. (Just 5-6 years growth).
Also Display fab is another great area where we can have massive economics of scale since our consumer demand is massive and we have wide variety of applications for that. So we selected this as second venture.
Once this things started to materialize we will bring the next applications like GPU, DRAM, SSD etc.
Apart from that we also taking a good dive in RISC-V architecture which is a license free architecture compared to ARM or X86. Shakti uses this RISC-V architecture. So GOI is supporting this initiative to avoid possible dependencies on Intel and ARM. Also thisn helps our startups to invest in RISC-V since they don't need to pay hefty license fee and maybe utilize them for their products.
So be patient and it takes a decade (2020-2030) to have start semiconductor and various electronics manufacturing companies. This will effectively have a ripple effect in dependent field ( Maybe Indian mobile manufacturers finally come back).