Focus on Innovation in Semiconductor Technology Will Boost Defence Manufacturing
The Ministry of Defence (MoD) has prepared a list of around 209 military items on which import embargos would be placed after a specific amount of time. This is to provide opportunities for the local industry to manufacture these items. There is also the support of the defence sector in building long-term strategic partnerships with global equipment manufacturers for technology transfers to help Indian manufacturing infrastructure and supply chains. The increased focus on semiconductor manufacturing by the government also comes into the picture here. With the government curating policies to encourage defence manufacturing and start semiconductor manufacturing in the country, this is the time for a confluence of both in Indiaβs national interest.