INVC NEWS
New Delhi — : India is aggressively pursuing a 5 percent share of the global semiconductor chip manufacturing market by 2030 through its ambitious Indian Semiconductor Scheme 2.0. The government has already committed $10 billion in incentives to attract semiconductor fabrication (fab) units, OSAT (Outsourced Semiconductor Assembly and Test), and ATMP (Assembly, Testing, Marking, and Packaging) companies to boost domestic production and strengthen the electronics ecosystem. Five key projects have been approved under this scheme, marking a strong start towards achieving the country’s semiconductor ambitions.
A senior official from the Ministry of Electronics and Information Technology stated, “Our journey has just begun, but our commitment to reach 5 percent of global chip production capacity remains firm. Much work lies ahead to realize this vision.”
The Indian Electronics and Semiconductor Association (IESA) highlights that approved projects currently account for a production capacity of over 75 million chips per day. When combined with state-approved initiatives, this capacity is set to grow to approximately 91 million chips daily. Notable state-level projects include Suchi Semicon in Gujarat, RRP Electronics in Maharashtra, and RIR in Odisha, which are expected to collectively contribute an additional 10 million chips daily upon completion.
Industry leaders emphasize that these efforts not only aim to fulfill growing domestic semiconductor demand but also position India as a significant player in the global export market. Major players like Micron are also gearing up to launch their first made-in-India chips, with expected capacities nearing 4.8 million chips per day.
Semiconductor Scheme 2.0 will additionally focus on expanding India’s semiconductor ecosystem, including securing key components like specialized chemicals and gases essential for fab construction and operation. Strengthening the entire supply chain is critical to scaling chip production capacity to meet both national and international needs.
With strategic investments and ecosystem development, India is set to become a semiconductor manufacturing hub, boosting technological self-reliance and contributing significantly to the global chip supply by 2030.
