India’s lost chip dream: The mysterious 1989 fire that may have cost the nation the AI race
Published on: May 19, 2026, 1:25 p.m. | Source: The Economic Times
India began semiconductor manufacturing before Taiwan Semiconductor Manufacturing Company. A fire in 1989 and policy neglect stalled progress. The Mohali facility now uses old technology for defense and space. The government plans to modernize it, aiming for advanced chip production. This effort seeks to revive India's chip dream.
