India to Lead Global Chip Production by 2035: 4 Firms in 2026

• India aims to be among the top four semiconductor nations by 2032 and the best by 2035
• Four chip companies will begin commercial production this year
• Government-backed projects include 10 manufacturing units and 24 chip design initiatives

Recently, Union Minister for Electronics and IT Ashwini Vaishnaw stated that India is aiming to be among the top four semiconductor manufacturing countries in the world by 2032 and then to be the global semiconductor leader by 2035, mainly because of the country’s excellent manpower.

During the event that marked the release of 22 projects sanctioned under the Electronics Components Manufacturing Scheme (ECMS), Vaishnaw pointed out the sector's vivid and foreseeable momentum. He mentioned that four semiconductor companies are likely to start their commercial production this year and leading car and telecom companies would be getting chips from these homegrown suppliers.

The minister mentioned that government has given the green light to 10 semiconductor manufacturing units under the Semicon India Programme, which comprise 2 fabrication plants and 8 chip assembly, testing, and packaging facilities.

All these projects combined are expected to invest around ₹1.6 lakh crore. Furthermore, startups are the beneficiaries of the 24 chip design projects under the Design Linked Incentive (DLI) scheme with a total project value of ₹920 crore.

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Vaishnaw stated, “The plants which started pilot production last year, they are the ones that will get into commercial production earlier, which is Kaynes and CG Semi. Micron has also started pilot production very recently. They will also go next month. Tata plant in Assam will start pilot production by middle of the year, and by the end of the year they will start the commercial production”.

He considered the government’s continuous support on skills creation as the main reason for India’s increase in the semiconductor leadership prospects. He mentioned that students from 298 universities in India are already involved in semiconductor chips designing, many of which are being validated, thereby; the country is claiming a long-term strength in this critical technology domain.

“We could not count more than 20 universities in the whole world, including the US, China, and Japan, Taiwan, and South Korea (where students can design a chip, manufacture it, and validate the product). India has, because of our focus on silicon, 298 universities”, he added.