Summary
India's semiconductor manufacturing efforts, which began in 1984 before TSMC, were derailed by a fire in 1989, leading to a 37-year interruption in commercial momentum. However, with ₹1.64 lakh crore in approved projects and a ₹1.27 lakh crore push under Semicon 2.0, India is now seeing a resurgence in chip manufacturing, with commercial shipments expected by 2026.
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