Pranay Kotasthane Unravels the Global Semiconductor Industry
Ideas of India
TSMC's Success and India's Semiconductor Challenges
This chapter explores the rise of Taiwan Semiconductor Manufacturing Company (TSMC) through targeted industrial policy and government support, while comparing it to India's struggles in establishing a semiconductor industry. It examines the need for comprehensive reforms and the crucial role of talent, infrastructure, and competition in stimulating growth. The discussion raises concerns about government protectionism and its impact on economic performance, advocating for flexible policies to enhance the semiconductor ecosystem in India.
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