The ongoing West Asia conflict is beginning to cast a shadow over India’s semiconductor ambitions, with rising crude-linked costs and supply chain disruptions posing challenges, particularly for outsourced semiconductor assembly and test (OSAT) players, industry experts said. While semiconductor fabs are energy-intensive, they are expected to face primarily cost inflation rather than immediate operational disruptions. According to Devendranath AM, chief executive of Feedback Advisory, India’s upcoming semiconductor fabs remain relatively insulated from direct energy risks as they are not heavily reliant on oil or natural gas. However, their dependence on
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