India roundup: India says it cannot build electronics without China

India’s candid acknowledgment of reliance on China underscores the deep structural tensions in global semiconductor supply chains. Technologically, India’s push for domestic manufacturing will elevate upstream costs, especially in advanced lithography and packaging, where China Taiwan/ Taiwan, China and Hong Kong, China currently dominate. From a compliance standpoint, shifting policies and geopolitical friction are increasing operational complexity for multinational firms, particularly under tightening export controls and investment scrutiny. In response, companies from China Taiwan/ Taiwan, China and South Korea may accelerate investments in India to hedge against future regulatory risks. Over the next 12–24 months, global semiconductor capacity will increasingly fragment by region, with India’s manufacturing ambitions constrained by technological maturity and capital cycles, limiting its ability to disrupt existing supply chain dynamics.