Q.3 Examine the challenges India faces as it makes a major push to increase its presence in the semiconductor manufacturing sector. Also mention the various initiatives sponsored by the government to facilitate semiconductor manufacturing in India. (10 Marks)

Mentor’s comment-

https://www.orfonline.org/research/indias-semiconductor-pursuit/
In the intro, mention challenges created by semiconductor chip shortage in the wake of the covid pandemic.
In the body, mention the challenges such as lack of technology, capital intensive nature of the industry, lack of policies for facilitating manufacturing, supply chain challenges etc. In the initiatives mention India Semiconductor Mission, allocation of $7.5 billion under PLI etc.
Conclude by mentioning the need for India to be Atmanirbhar in such critical area.