Certainly, India does not have chip foundries, but the cost of setting them up here are still prohibitive. We are on the track, are taking the best alternative and are not giving up on the field either. We are working on the intellectual side, which is of greater value on the long run, encouraging IPR's from within.
The interdependence of India and China in this respect (more so via politically independent entities like OEM's) is for the best of both sides. By avoiding such clash of interests, we are also avoiding fierce competition from them. (This they are very well capable of. Maybe not right away, but once their govt. takes up a task it is not like in India. They will be trained within years and Co.s are ready to work in their language too.)
Nodoubt India is booming in VLSI ...but it is still lagging behind China. Till date, India doesn't have a single chip foundry. It will be able to attract more investors once few foundries are setup. In today's cut throat competition, India has to dump it's soft corner image, improve it's infrastructure and prepare herself to overtake China !
the advent such technology speaks true development process of nation. it seems that india is now on right track of development as localization of advanced technology like chip design is taking place. this type of technology will cascade into several new area of upcoming technology especially the information technology and realted field.
Chip design is a fairly technical stuff. India can make mark in global arena if it is able to produce and nuture something like this. We have been taking comparative advantge in production of inferior goods till now. The significant value addition takes place only through developed countries due to technical advancement. We can bridge this gap and move towards becoming developed nation.
