Union minister Ashwini Vaishnaw anticipates new investments in India's memory chip sector, with existing players scaling up production to bridge the demand-supply gap.
Ashwini Vaishnaw announces memory chip investments in India to address HBM shortage for AI data centers. $200B data center investments position India as alternative supplier to Samsung/SK Hynix, cutting procurement costs and diversifying AI supply chains.
He also said that existing investors would ramp up their production
Jun 14, 2026
03:50 pm
What's the storyUnion Minister Ashwini Vaishnaw has said that more companies are likely to invest in India for memory chip production.
He also said that existing investors would ramp up their production to bridge the demand-supply gap in this segment.
Vaishnaw expects more companies to start production of memory chips in India
Minister Vaishnaw expects more companies to start production of memory chips in India
Ashwini Vaishnaw expects more companies to start production of memory chips in India - The Economic Times
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New companies are likely to invest in India to manufacture memory chips while existing investors will scale up production to…
Minister Vaishnaw anticipates increased investment in India's memory chip production to address global supply-demand imbalances.
Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in…
Memory prices are expected to remain high for 12-18 months, impacting device costs, warns IESA president Ashok Chandak.
India will face high memory chip prices for the next 18 months due to limited production capacity, warns IESA President.
AI-driven memory demand is pushing up RAM and semiconductor costs, creating fresh supply chain challenges for India’s electric…
