India’s electronics ambitions, global companies’ shift from China will aid India’s chip making goals, says Chris Miller

US memory chip maker Micron’s recent announcement of setting up a semiconductor assembly, testing, marking, and packaging (ATMP) facility in India has given the country a long-awaited breakthrough in the business of chips that power almost every device in the modern world.

India set up its first chip making unit in 1983 in Mohali but then made little progress in this segment, until the government launched a Rs 76,000 productivity linked incentive scheme for chip making last year.