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India’s Semiconductor Strategy Explained

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In the 200th episode of Capital Calculus, StratNewsGlobal.Tech, speaks with S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), on India’s semiconductor strategy and launch of the India Semiconductor Mission (ISM) 2.0.

As chip wars reshape geopolitics and semiconductors become critical to AI, defence, telecom and the digital economy, India is making a strategic push to build its own semiconductor ecosystem.

Watch this episode for a deep dive into one of the most consequential strategic bets India is making for its future.

In this conversation, the MeitY Secretary explains:
• Why semiconductors have become central to India’s economic and strategic ambitions;
• How Covid and geopolitics created an urgency around seamless access to chips;
• Is India trying to become the next Taiwan—or carve out its own place in the global value chain?
• The evolution from ISM 1.0 to ISM 2.0;
• Why India is focusing on fabs, advanced packaging, chip design and compound semiconductors;
• The role of talent, research and reverse brain drain;
• How India is balancing technological sovereignty with global partnerships.

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Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.

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