Why TSMC was never going to build a fab in India
Commuters drive past TSMC's fabrication plant in Kaohsiung, Taiwan, on June 7. © Reuters
Anushka Saxena is a staff research analyst in the Indo-Pacific studies program of the Takshashila Institution, a policy think tank based in Bengaluru.
A few weeks ago, India's Ministry of Electronics and Information Technology announced that Taiwan Semiconductor Manufacturing Co. (TSMC) had declined India's invitation to set up a plant in the country, while expressing confidence that India still has the Tata Electronics-Powerchip Semiconductor Manufacturing Corp. (PSMC) plant in Dholera to rely on.
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