In August 2022, US President Biden officially signed the "Chip and Science Act of 2022", and India is eager to take this opportunity to reshape its semiconductor manufacturing industry. Can India's dream of building its own wafer factory come true? What role does the Indian software market play in chip design? What are the benefits of foreign companies building factories in India? Interviewees in this issue: Chiplgnite representative of Efabless in India, Middle East and Southeast Asia, Anukul Consulting Advanced R&D.