India · Updated 11 Oct, 03:47 pm IST
India commits billions to chips, electronics and AI in national tech push
Why it matters for readers: If you're following tech policy, this shows India's clear strategy to cut import reliance and grow a domestic tech industry.
- India imported about $150 billion worth of microchips between 2017 and 2025, prompting policy action to cut dependence.1
- New Delhi has pledged more than $20 billion in government support for semiconductors and related industries.1
- Five chip assembly, testing and packaging plants are now in commercial production involving companies such as Micron, Kaynes, CDIL, Suchi Semicon and CG Semi.1
- Tata Electronics is building a chip factory in Gujarat in partnership with Taiwan's PSMC, and seven additional projects have been approved.1
- The Indian semiconductor market is estimated at about $50 billion in 2026 and is projected to reach $110 billion by 2030 and over $200 billion by 2035 according to government figures.1
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