India needs to shift gears to win semiconductor race: Niti Aayog

India needs to ‘shift gears’ in case it wants to ‘win’ the race to be a global power in making semiconductors, says a report put out by the Niti Aayog – the planning body of the government.

The report, titled ‘Future of India’s Semiconductor Industry’, says “winning the semiconductor race will not be easy if India continues to ‘run’ the existing race; instead, it should shift gears and target becoming the ecosystem player that the global semiconductor industry cannot run without.”