India aims to build a USD 120-150 billion semiconductor value chain by 2035. This requires significant investment to develop domestic capabilities. The goal is strategic self-sufficiency and global indispensability. The government will commit one-third of the investment to de-risk projects. This initiative is crucial for technological sovereignty and national security.

In its report ‘Future of Indias Semiconductor Industry, released on Friday, the Aayog has proposed establishing an autonomous national semiconductor nodal agency with technical…

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