1 Semiconductor Giant That Won’t Be Worried About India’s Chip Ambitions
India's nervous and with good reason. The country's GDP has grown on the back of information and technology services, yet India still imports the majority of the hardware used in computing devices. In 2018, the country imported US$55 billion worth of electronic goods and it only exported only US$8 billion.
And this, understandably, has the Indian government concerned. In today's world, it's all too easy for geopolitical conditions to disrupt a supply chain, and if this happens, India could be cut off from the critical hardware it needs.
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Source Fool.com
