India is rapidly emerging as a formidable force in the global semiconductor ecosystem. Once largely dependent on imports, the country is now laying the foundation for a robust domestic chip manufacturing industry, driven by aggressive policy support and increasing global demand. According to official projections, India’s semiconductor market is set to surge from $38 billion in 2023 to an estimated $100–110 billion by 2030.

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Policy Push & Global Collaborations Fuel Growth

This ambitious transformation is being driven by key initiatives such as the India Semiconductor Mission, which was launched with an outlay of ₹76,000 crore, and the broader Semicon India Programme. These efforts aim to attract global investment, foster innovation, and reduce India’s reliance on foreign technology. Strategic partnerships like the Initiative on Critical and Emerging Technology (iCET) have also boosted India’s positioning in the global chip value chain, aligning it more closely with leading semiconductor nations.

Semicon India 2025 to Spotlight India's Ambitions

Underscoring this momentum is the upcoming Semicon India 2025, slated to take place in New Delhi from September 2 to 4. The fourth edition of the event will feature participation from 18 countries, gathering industry titans, researchers, policymakers, and innovators under one roof. The event is expected to serve as a platform for global collaboration and innovation across the entire semiconductor supply chain.

India's First Homegrown Chip

India’s semiconductor infrastructure is finally taking shape on the ground. In a major development this year, the Union Cabinet approved a new semiconductor fabrication plant under the India Semiconductor Mission—a joint venture between HCL and Foxconn. This facility is designed to produce display driver chips used in mobile phones, laptops, automotive systems, and personal computers. With a capacity of 20,000 wafers per month, it will churn out 36 million chips monthly when fully operational.

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Adding to this progress, India’s first indigenous semiconductor chip is expected to roll out this year. Five fabrication units are already under construction, marking a historic milestone in the country’s journey toward building a self-reliant and complete semiconductor ecosystem.