India did dabbled with semiconductors in the early days as well, but our approach was heavily inspired by the USSR model ultimately didn’t succeed because of an unfortunate accident and usual socialist bs. After that, we essentially lost two crucial decades. Even after liberalisation, the focus remained disproportionately on services, often for reasons tied to short-term gains rather than long-term industrial strategy. The 2004–2014 period was especially stagnant in terms of capital expenditure and manufacturing push.
The current government has its flaws, but it did attempt to bring semiconductor manufacturing to India as early as 2016. Those efforts didn’t take off initially because India lacked the deep industrial base necessary to attract major investments because our industrial base was kinda weak, logistics network was horribly slow, legislative red tapes, etc. It has taken years of building infrastructure, incentives, and ecosystem capabilities to reach the point where we’re finally seeing meaningful commitments today.
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