NITI Aayog’s 2035 roadmap targets a $120–150 billion semiconductor value chain, aiming to cut India’s 95% import dependence. It outlines a $180 billion investment plan driven by a 5P strategy: Pioneering, Policy, Production, People, and Partnership.
Click to View MoreIndia Semiconductor Mission 2.0, announced in Budget 2026–27 with an allocation of ₹1,000 crore, aims to strengthen domestic semiconductor manufacturing, develop indigenous equipment and materials, promote full-stack chip design, and build a skilled workforce. Building on the progress of earlier initiatives, the mission focuses on advanced manufacturing, supply chain resilience, and industry-led innovation. With a rapidly growing domestic market expected to reach $100–110 billion by 2030, ISM 2.0 seeks to reduce import dependence, meet 70–75% of India’s chip demand by 2029, and position the country as a trusted global semiconductor hub.
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