India is rapidly emerging as a major player in global semiconductor manufacturing, with its chip market projected to grow from 38 billion dollars in 2023 to between 100 and 110 billion dollars by 2030. This transformation is being driven by key government initiatives such as the India Semiconductor Mission, backed by an investment of Rs 76,000 crore, and the Semicon India Programme, along with international partnerships like iCET.
The Semicon India 2025 event, to be held in Delhi from 2 to 4 September, will highlight India’s rising role in the global chip ecosystem. The event will host participants from 18 countries and bring together industry experts, innovators, academic institutions, and government bodies to promote collaboration and innovation across the semiconductor supply chain.
With approved facilities now beginning operations and new projects underway, India is positioning itself as a trusted manufacturing hub. “From dependence to dominance, the chip revolution is real and it’s happening right here, right now in Bharat,” the official statement said.
In May 2025, the government approved a new semiconductor unit under the India Semiconductor Mission. This unit, a joint venture between two major companies, will manufacture display driver chips for a wide range of devices. It will have the capacity to produce 20,000 wafers and 36 million chip units per month.
At the Global Investors Summit 2025, it was announced that India’s first homegrown semiconductor chip will be ready for production this year. Five production units are under construction, marking a significant milestone in building domestic capability.
To support this growing industry, the government has launched a programme to train 85,000 engineers in advanced semiconductor and electronics manufacturing.
Madhya Pradesh has made progress in this space with the opening of its first IT campus. Backed by Rs 150 crore over six years, the facility will produce IT hardware and electronics such as servers, desktops, motherboards, and drones. It is expected to create around 1,200 jobs.
In July 2025, a startup under the government’s chip design scheme secured Rs 107 crore in funding. The company is developing chips for smart vision, CCTV cameras, and IoT applications.
India is emerging as a vital player in global semiconductor supply chains, contributing across equipment, materials, and services.
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