India is set to commence commercial semiconductor production by the end of 2025, Prime Minister Narendra Modi announced Tuesday, positioning the country as a potential “global hub” for chip innovation.
Speaking at the launch of the annual Semicon India conference in New Delhi, Modi noted that test chips from Micron and Tata are already under production.
“Commercial chip manufacturing will begin this year,” he said, highlighting the rapid progress India is making in the semiconductor sector.
India’s semiconductor market has grown from $38 billion in 2023 to an estimated $45–50 billion in 2024–2025, with government ambitions to reach $100–110 billion by 2030.
Currently, India is advancing 10 semiconductor projects totaling $18 billion in investment, including two state-of-the-art 3-nanometre design facilities in Noida and Bengaluru.
“Our journey may have started late, but nothing can stop us now,” Modi added.
India identifies three key competitive strengths: producing components for semiconductor equipment, supplying critical materials like chemicals and minerals, and offering services ranging from research and development to AI, big data, and cloud computing.
The country also boasts a “human capital” advantage, with Modi pointing out that “20 percent of the world’s semiconductor design talent comes from India.”
