New Delhi: India is rapidly positioning itself as a major player in the global semiconductor industry, backed by ambitious government initiatives, expanding design capabilities, and growing private investment. As worldwide demand for semiconductor chips continues to surge, the country is building an ecosystem aimed at reducing global supply chain vulnerabilities while strengthening domestic electronics manufacturing.
The global semiconductor market is projected to reach US$1 trillion by 2030, and India is expected to account for a significant share of this growth. Recognising semiconductors as the backbone of modern technologies ranging from smartphones and artificial intelligence to electric vehicles and defence systems, the government has placed the sector at the centre of its industrial strategy.
Under the Make in India initiative, programmes such as the India Semiconductor Mission (ISM), Semicon India, the Design Linked Incentive (DLI) Scheme, and the Chips to Startup (C2S) Programme are encouraging chip design, innovation, manufacturing, and talent development.
A major milestone came in 2025 when Union Minister for Electronics and Information Technology Ashwini Vaishnaw inaugurated advanced semiconductor design facilities in Noida and Bengaluru. These centres focus on 3-nanometre chip design, marking India’s entry into cutting-edge semiconductor design capabilities.
Government-backed startups are also gaining momentum. Among them, Netrasemi, which develops chips for smart vision systems, CCTV cameras, and Internet of Things (IoT) applications, secured ₹107 crore in venture capital funding after receiving support under the government’s chip design initiative. The investment is being viewed as a strong endorsement of India’s growing semiconductor startup ecosystem.
According to the Ministry of Electronics and Information Technology, since the launch of the DLI Scheme in 2022, the government has committed ₹234 crore in financial assistance for 22 chip design projects with a combined project value of ₹690 crore. These startups have collectively attracted more than ₹380 crore in venture capital funding. Five startups have already completed chip fabrication and testing with leading global semiconductor manufacturers, while more than 72 companies have been provided access to advanced electronic design automation (EDA) software tools to accelerate chip development.
Speaking at the 14th convocation of IIT Hyderabad, Ashwini Vaishnaw expressed confidence that India’s progress in developing semiconductor manufacturing equipment and materials would help the country emerge among the top five semiconductor-producing nations in the coming years.
With sustained policy support, increased investments, and a growing pool of skilled engineers, India is steadily advancing towards becoming a global hub for semiconductor design, innovation, and manufacturing, reinforcing its position in the next generation of the global electronics value chain.
