India’s Big Push to Become a Chip Powerhouse: India is racing to become a global semiconductor hub, targeting a top-four ranking by 2032. Backed by strong policy support and massive funding, the focus is on scale, speed, and self-reliance.
ISM 2.0 Sets the Direction: Launched in Budget 2026, India Semiconductor Mission 2.0 shifts focus from incentives to full-stack capability. It prioritizes equipment, materials, R&D, and Indian-owned design IP.
Rs. 40,000 Crore Investment Boost: A dedicated Rs. 40,000 crore outlay supports chip production, rare earth processing, and new semiconductor corridors. This funding strengthens critical supply chains and advanced manufacturing capacity.
Commercial Chip Production Begins: By 2026, four major plants – Micron, Tata Electronics, CG Power, and Kaynes, are set to begin commercial output, marking India’s transition from planning to real, large-scale chip manufacturing.
Indigenous Design and Advanced Nodes: India is pushing homegrown chip IP for IoT, AI, and telecom. New 3nm design centers and projects like Vikram-32 highlight progress in advanced and indigenous semiconductor design.
Talent and Ecosystem Building: Industry-academia partnerships have trained over 65,000 professionals so far. New research and training centers aim to bridge skill gaps across design, fabrication, and emerging technologies.
Global Alliances and the Road Ahead: Strategic partnerships with the US, Japan, and others strengthen supply chain resilience. With steady execution, India aims to reduce imports and emerge as a global chip powerhouse by 2030+.
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