Pranay Kotasthane quoted in CNBC on India’s bid to attract U.S. chips giants

Pranay Kotasthane, Deputy Director and Chairperson of High Tech Geopolitics Programme at Takshashila, was quoted in CNBC. He was quoted as saying:

One area that India could be attractive in is the packaging and testing of semiconductors, according to Pranay Kotasthane, deputy director of the Takshashila Institution. This requires relatively low-skilled labor but high capital investment, which India could have. Yet no major Taiwanese firm in this segment of the market as set up shop in India.

“The lack of policy consistency and high import tariffs are the bottlenecks that can explain why Taiwanese companies haven’t moved ahead,” Kotasthane said.

Read the full report here.

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