Sanket
Monthly strategic intelligence on India’s industrial systems — semiconductors, AI infrastructure, critical minerals and defence. Distilled from a live signal engine into the few signals that move the board. Independent, infrequent, free of sponsored coverage.
Issue 04 · August 2026
◆ Issue 04Pricing the Gap
Three service roadmaps, one composite index, 312 import surfaces - August was the month India put a number on what it does not make. July priced the opportunity; August priced the gap. The question now is whether the numbers build anything.
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Three service roadmaps, one composite index, 312 import surfaces - August was the month India put a number on what it does not make. July priced the opportunity; August priced the gap. The question now is whether the numbers build anything.
Eight reports this month, one map: the layers India can build and own — sized, ranked and mostly upstream of the platform. June named the problem; July prices the opportunity.
Nine reports this month, one structural finding: India assembles — but the value lives upstream, in the layers it does not own. From the parts inside its drones to the software it runs on.
A $3.3bn substrate plant, a $150bn target, and a PLI that finally bites. May was the month India stopped chasing the fab — and started claiming the one layer it can actually own.
Sanket is the editorial layer on top of our live signal engine — the few items that name a forming ecosystem, not the daily noise.
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Monthly, independent, and free of sponsored coverage.