India is accelerating its semiconductor ambitions, aiming to safe 10% of world chip demand by 2030. Central to this technique is the India Semiconductor Mission (ISM), launched in December 2022 with an allocation of ₹76,000 crore, designed to foster a sustainable semiconductor ecosystem and cut back reliance on imports.
In a major growth, Tata Electronics and Taiwan’s PSMC have introduced a three way partnership to determine India’s first 12-inch wafer fabrication facility in Dholera, Gujarat. With an funding of $11 billion, this mission is predicted to generate over 20,000 jobs and give attention to manufacturing energy administration ICs, show driver ICs, microcontrollers, and high-performance computing logic elements.
The 2025 funds displays the federal government’s dedication, doubling the allocation for chip initiatives to ₹2,499.96 crore for FY26. This consists of elevated funding for compound semiconductors, sensors, and chip meeting/testing items, with a 56% rise to ₹3,900 crore, and almost doubling the allocation for the design-linked incentive (DLI) to ₹200 crore.
Strategic partnerships with nations like Singapore, the US, Japan, and Taiwan are additionally being pursued to boost expertise switch, ability growth, and international direct funding. These efforts place India as a key participant within the international semiconductor provide chain, aligning with the ‘China Plus One’ technique amid evolving geopolitical dynamics.