New Delhi: India's ambition to become a global semiconductor manufacturing destination is gathering pace as investments approved under the Semicon India Programme cross ₹1.64 lakh crore.
The government's semiconductor strategy is focused on creating a complete value chain encompassing fabrication, packaging, testing, design, and research. Industry observers view the initiative as critical to strengthening supply-chain resilience amid growing geopolitical uncertainties.
With multiple semiconductor projects under implementation, India is seeking to establish itself as an alternative manufacturing hub while reducing dependence on imports.
The sector is expected to generate significant employment opportunities and attract global technology investments over the coming decade.
