How India’s $13 billion plan aims to boost self-reliance in chip production

IANS | September 9, 2026 2:06 PM

New Delhi, Sep 9 (IANS) India plans to invest $13 billion in the second phase of its semiconductor mission, as it seeks to build a domestic chip ecosystem covering design, manufacturing, assembly and testing. The aim is to reduce the country’s heavy dependence on imported chips while the surging domestic demand is expected to touch $200 billion by 2035, according to a new report.