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A ‘no margin for error’ business, semiconductor chip manufacturing requires high precision and expertise over extremely complex processes. It has been a year since PM Modi launched the ambitious Semicon India initiative with a clear goal to help India emerge as a major semiconductor manufacturing base. A year down the line, those plans are still to take off despite the government's best efforts. Why is that the case? Is India’s ambition to compete with China in the semiconductor manufacturing space realistic? What are the roadblocks India needs to deal with on the way? In this special episode of The Sketch, Mint’s premium business podcast, Mint Editor-in-Chief Sruthijith KK sat down with David Reed, CEO, Vedanta-Foxconn Semiconductors Ltd, to explore the questions, concerns, and possibilities India must take into account as it embarks on this journey.