Increased demand for chips, not oil
America is the leader in chip manufacturing in the world. After America, South Korea, Taiwan and China come next. India is not included in this list. But, in the past few years, companies have been promoting only local chip manufacturing in India. Has participated in chip and semiconductor manufacturing competition in India. In fact, according to experts, the next war will be over chips, not oil. The expert’s opinion is correct. Because, there is a war between Russia and China. At that time there was a big problem with chip and semiconductor.
What is a semiconductor?
A semiconductor is a small piece of silicon. Semiconductor means semiconductor. It is a good conductor and a bad conductor of electricity. It controls the flow of electricity.
India’s Position in Semiconductor Manufacturing
India currently does not manufacture any semiconductor chips. But, PM Modi is emphasizing on creating an ecosystem for making semiconductor chips. A huge investment is also being made.
what is going on in the world
By 2023, the demand for semiconductors will double in the world. Currently the trade is around 500 billion dollars. US and China are at war in chip making. The US has banned chips and other electronics products made in China. The names of countries like Taiwan and South Korea are also coming up.
Why is the demand for chips increasing?
The chip is widely used in the military. The demand for artificial intelligence has increased in military capabilities such as missiles and other electronics products. The weapon is working on automatic mode. Drones can also be mentioned in this. Drone warfare was much discussed in the Ukraine War.