Unveiling the next chapter of India’s semiconductor journey, PM Narendra Modi pledged to overhaul the design-linked incentive scheme to strengthen chip design and IP capabilities. With projects worth $18 billion already in motion, India is gearing up to capture a significant slice of the trillion-dollar global chip market. Prime Minister...
Semiconductors are the backbone of modern digital infrastructure, powering devices like smartphones, laptops, satellites, and electric vehicles. Recognizing their strategic importance, India launched the ₹76,000 crore India Semiconductor Mission (ISM) in 2021 to build a robust domestic ecosystem, including fabs, design units, packaging, and testing facilities. Key initiatives under ISM—such...
India stands at a pivotal moment in the global semiconductor race as shifting geopolitics—most notably the U.S. imposing a 25% tariff on semiconductor imports—reshape the industry landscape. While countries like Taiwan, China, and the U.S. continue to dominate semiconductor manufacturing, India is fast emerging as a serious contender. Backed by...
In a significant leap towards self-reliance in the semiconductor industry, India launched three semiconductor projects worth Rs 1.25 lakh crore on March 13, 2024. Of the three semiconductor fabrication facilities, two will be set up at Dholera and Sanand in Gujarat and one in Morigaon, Assam. The semiconductor fabrication unit...
India wants to leave no stone unturned to share the stage with the top leaders in the global semiconductor industry. However, it currently lacks the kind of critical talent, resources and investments needed to match international benchmarks, while encountering the typical challenges of building an industry from scratch. IBT takes...
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