India is making a bold move to lead in semiconductor manufacturing. Through the India Semiconductor Mission (ISM), the government has approved $550 million for four new projects across three states. This effort will boost chip production at home and reduce reliance on imports.
The initiative will create over 2,000 skilled jobs. It also supports the long-term vision of Atmanirbhar Bharat (Self-Reliant India).
Meeting Rising Demand
The timing is critical. Global demand for chips is surging in telecom, automotive, consumer electronics, data centers, and industrial systems. India’s investment comes as industries worldwide face supply chain challenges.
According to EE Times:
“The mix of advanced packaging, compound semiconductor production, and high-power device manufacturing will help advance the Atmanirbhar Bharat agenda and strengthen the country’s position in the global semiconductor supply chain.”
https://www.eetimes.com/india-approves-550m-for-semiconductor-expansion-across-three-states
Project Highlights
- Odisha (Bhubaneswar): Two new projects will anchor the state in India’s chip-building ecosystem.
- Andhra Pradesh: ASIP Technologies will build a facility with a South Korean partner, combining global expertise with local talent.
- Punjab (Mohali): CDIL will invest $140 million to expand production of high-power semiconductor components for critical industries.
Looking Ahead
This investment is more than funding. It is a strategic step to strengthen India’s role in the global semiconductor supply chain. By building local capacity, India can compete with established leaders like South Korea, Taiwan, and the United States.
