India's Semiconductor Initiative Gains Traction with Major Investments
India’s semiconductor initiative is gaining momentum with substantial investments, including a $10 billion allocation under the India Semiconductor Mission. Major facilities, like Tata Electronics’ first commercial-scale fab in Gujarat and Micron’s assembly plant, are under construction, with the first Indian-made chip expected by late 2025. This program not only aims for self-reliance in semiconductor manufacturing but also positions India as a vital player in global supply chains, enhancing technological sovereignty. With a focus on skilled workforce development and strategic international partnerships, India’s push in the semiconductor sector promises to address global supply chain vulnerabilities and meet rising demand across various industries.