India to allocate $20B to semiconductor and smartphone manufacturing
techcrunch.comThat's less than half TSMC's revenue in a quarter.
Gotta start somewhere. Even the CHIPS Act and the first Big Fund were $52B and $20B in size respectively, and both Samsung [0] and the Taiwanese Government [1] have begun training programs in India specifically for device physics and fabrication. Taiwan is also sponsoring Indian to take training fellowships in semiconductor fabrication [2].
[0] - https://iisc-iswdp.org/
[1] - https://web.ncku.edu.tw/p/406-1000-274628,r3636.php?Lang=en