Today, semiconductors are ubiquitous—whether it’s the device on which you’re streaming this episode, the drive assist or safety features of a car, or aerospace and defense equipment. In the last couple of years there has been a dearth of semiconductor supply. The semiconductor shortage today can be attributed to supply chain disruptions and several geopolitical factors that have their origins in the early days of COVID-19. Realizing the importance and potential of semiconductors, countries around the world, including India, have been investing in the semiconductor capabilities. In December 2021, the Indian government unveiled a Rs 76,000 crore scheme to boost semiconductor manufacturing, chip design and assembly, and testing and packaging (ATP) of chips.In this episode of Interpreting India, G S Madhusudan joins Konark Bhandari to take a closer look at the Indian government’s semiconductor policy and the country’s potential in the space. What have governments across the world been doing to strengthen production capability? How do they compare with India’s semiconductor policy of December 2021?  What does this ramping up of semiconductor capabilities mean for the world?     Episode ContributorsG S Madhusudan is the CEO and Co-Founder of InCore Semiconductors, India’s first Processor IP company. A technology entrepreneur with more than 30 years of experience in creating start-ups, G S Madhusudan is also committed towards engineering diverse software and hardware products, managing R&D labs and is intricately involved in technology/product strategy development. Konark Bhandari is an associate fellow with Carnegie India. He is a lawyer who has researched on certain areas in the digital economy, focusing primarily on approaches to antitrust regulation of companies in the digital realm. --Additional ReadingWe Will Be Competitive With Equivalent ARM Cores, Better In Some Respects Perhaps Lagging In One Or Two Areas by G S MadhusudanIIT-Madras Powers Up a Desi Chip by G S MadhusudanTakeaways from the 2021 Global Technology Summit by Konark Bhandari--?️ Check out our podcast, Interpreting India available now on YouTube, Spotify, and iTunes!Home: https://interpreting-india.simplecast.com/YouTube: https://www.youtube.com/playlist?list=PLeXQMWQXRkJXF71nDiX9LhlXiSkhR8JJTSpotify: https://open.spotify.com/show/51yeOb8SimMIPe2KgIUQ8giTunes: https://pcr.apple.com/id1476357131--Carnegie India Socials:Instagram: https://www.instagram.com/carnegieindia/ (@CarnegieIndia)Twitter: https://twitter.com/CarnegieIndiaWebsite: https://carnegieindia.orgYouTube: https://www.youtube.com/c/CarnegieIndia/