India should target to build $120-$150 billion semiconductor value chain by 2035: NITI Aayog

India should target to build $120-$150 billion semiconductor value chain by 2035: NITI Aayog

NITI Aayog targets a $120–150B semiconductor value chain by 2035, requiring $135–180B in cumulative investment and government backing at least one-third to anchor private capital. India currently imports 90–95% of chip demand; the plan signals a sovereignty-driven decade reshaping fab, packaging, and design investment flows across the region.