In fact, even recently Taiwan Semiconductors (TSMC) expressed interest in setting up a fab in India, away from a planned plant in China, but the indian government is hesitating because water resources cannot be guaranteed. And so TSMC is exploring options in other countries.
https://en.m.wikipedia.org/wiki/Science_and_technology_in_Is....
@devxpy Absolutely. I remember listening to a podcast on technological advancement in Israel and it was fascinating. When the nation was still in its infancy the whole land was nothing but a desert. Israeli scientists found out ways to irrigate the land and turned it into what it is today. India lacks behind in semiconductor fabrication. However, India is one of the top five countries when it comes space exploration.