![MASTERING THE CHIP SHOT MASTERING THE CHIP SHOT](https://cdn.magzter.com/Outlook Business/1689572878/articles/hB7G4P4IT1689589573481/MASTERING-THE-CHIP-SHOT.jpg)
FOMO, or the fear of missing out, in an era defined by the rush to increase one’s self-reliance and economic capabilities is playing out at the macroeconomic level. Today, every country worth its salt wants semiconductor factories within its borders. India, with its high-octane pitch under Prime Minister Narendra Modi to become a developed nation, can ill afford to miss this bus.
In December 2021, India announced its $10 billion incentive programme to attract semiconductor players to set up shop in India. But, so far, it has just one assembly unit and no chip foundries. Three entities— Israel’s Tower Semiconductor, Taiwan’s Foxconn and a consortium from Singapore—had expressed interest in partnering in manufacturing chips in India. However, all of them seem to have hit a snag.
The most ambitious of these would have to be the one by Foxconn, announced as a joint venture with billionaire Anil Agarwal’s Vedanta. However, Vedanta Foxconn Semiconductors Limited (VFSL), as the joint venture was called, could not acquire ready-to-manufacture technology for its proposed 28 nm semiconductor foundry. It had signed deals for investment of around $19.5 billion in Gujarat.
Bu hikaye Outlook Business dergisinin July 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Outlook Business dergisinin July 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
![SHANKAR PRASAD SHANKAR PRASAD](https://reseuro.magzter.com/100x125/articles/259/1915302/GWvaFG_531733140522468/SHANKAR-PRASAD.jpg)
SHANKAR PRASAD
C'EST LA VIE - MY FAVOURITE
![Star Plus Star Plus](https://reseuro.magzter.com/100x125/articles/259/1915302/DsrO6Q_Ec1733140369500/STAR-PLUS.jpg)
Star Plus
Actor Keerthy Suresh's talents extend far beyond the silver screen. In a chat with Prachi Khanna, she talks about her growing interest in the world of investments - from real estate to tech to co-owning a cricket team
![Shelter From the Storm Shelter From the Storm](https://reseuro.magzter.com/100x125/articles/259/1915302/QaDIssZfs1733140270181/SHELTER-FROM-THE-STORM.jpg)
Shelter From the Storm
Taking care of 500-plus homeless was only the first of the challenges; the 24-year-old social worker has done more since
![Saying No to Jugaad Saying No to Jugaad](https://reseuro.magzter.com/100x125/articles/259/1915302/5dL1NKmmS1733140172311/SAYING-NO-TO-JUGAAD.jpg)
Saying No to Jugaad
In India, people often rely on a quick-fix approach to manage the daily challenges of taking insulin shots. But a Gen-Z innovator has other ideas
![Green Skills Champion Green Skills Champion](https://reseuro.magzter.com/100x125/articles/259/1915302/sdIM1VdMv1733140075313/GREEN-SKILLS-CHAMPION.jpg)
Green Skills Champion
An unexpected career choice was the beginning of efforts to demystify the conversation around climate change and raise awareness
![Force of Change Force of Change](https://reseuro.magzter.com/100x125/articles/259/1915302/r-eeLCA9K1733139981329/FORCE-OF-CHANGE.jpg)
Force of Change
An educator's journey that started in the municipal schools of Andheri West is helping bridge the learning gap among young students
![An Appetite for Health An Appetite for Health](https://reseuro.magzter.com/100x125/articles/259/1915302/qKR6OTpYl1733139874642/AN-APPETITE-FOR-HEALTH.jpg)
An Appetite for Health
The 'food pharmer' has taken on some of the biggest names in the FMCG sector. His mission: to get consumers to read product labels
![More Than Medals More Than Medals](https://reseuro.magzter.com/100x125/articles/259/1915302/0d3kju0ix1733139743764/MORE-THAN-MEDALS.jpg)
More Than Medals
India's success at the Paris Paralympics can inspire a new era of inclusivity
![Checkmate Checkmate](https://reseuro.magzter.com/100x125/articles/259/1915302/reSahN7xP1733139651373/CHECKMATE.jpg)
Checkmate
A new generation of chess elite, backed by early mentorship and building on the wins of the previous generation, is cementing India's place at the top
![On A Strong Wicket On A Strong Wicket](https://reseuro.magzter.com/100x125/articles/259/1915302/b5hAoIM6q1733139545870/ON-A-STRONG-WICKET.jpg)
On A Strong Wicket
Team India has had a mixed month but a good year. This was the year Rohit Sharma and his boys brought the T20 World Cup back home