Semiconductors are the tiny chips that power almost everything around us: mobiles, cars, computers, healthcare equipment, defence systems, and even satellites. As the world becomes more digital and automated, these chips are becoming the backbone of modern economies. Realizing their importance for national security and economic growth, the Government of India launched the India Semiconductor Mission (ISM) in 2021. This marked the beginning of India’s journey to become not just a consumer of chips but also a global hub for semiconductor manufacturing and design.
To boost this vision, the government announced a Rs. 76,000 crore Production Linked Incentive (PLI) scheme, of which nearly Rs. 65,000 crore has already been committed to different projects.
In just four years, India has made rapid progress. Ten semiconductor projects worth over $18 billion are currently underway across six states, covering areas like fabrication units, chip packaging, and compound semiconductors. A major milestone came in August 2025, when India inaugurated one of its first end-to-end OSAT (Outsourced Semiconductor Assembly and Test) pilot line facilities in Sanand, Gujarat. This is where semiconductor firm CG-Semi is preparing to roll out the first truly “Made in India” commercial chips.
The government is not only focusing on manufacturing but also on design and innovation. Through the Design Linked Incentive (DLI) scheme, 23 chip design projects have been approved, helping startups create advanced chips for defence, aerospace, electric vehicles, and clean energy. More than 280 academic institutes and 72 startups have also been given access to modern design tools, ensuring that India builds strong talent and research capacity in this strategic field.
To showcase these achievements, India hosts the annual SEMICON India conference, which brings together global industry leaders, researchers, and policymakers. After successful editions in Bengaluru, Gandhinagar, and Greater Noida, SEMICON India 2025 was inaugurated in Delhi by Prime Minister Narendra Modi.
At the event, Union IT Minister Ashwini Vaishnaw presented the country’s first Made-in-India chip, the Vikram 32-bit processor, to the Prime Minister. This moment symbolized how far India has come in just 3.5 years, with five semiconductor units already under construction.
India’s semiconductor mission is not just about building factories; it’s about shaping the future. With over 350 companies from 33 countries participating in SEMICON India 2025, the world is watching India take its place in the global semiconductor value chain. As PM Modi said, the day is not far when the smallest chip made in India will drive the biggest change in the world.
So far, the Government of India has approved investments worth over ₹76,000 crore in semiconductor projects, setting the stage for India to capture a share of the $1 trillion global chip market.
Here is the list of top companies with semiconductor investment approved by the government
| Date | Company | Location | Investment | Output Capacity |
|---|---|---|---|---|
| June2023 | Micron Technology | Sanand, Gujarat | ₹22,516 Cr | ATMP Facility, with phased ramp-up. |
| Feb2024 | Tata Electronics (TEPL) in partnershipwith PSMC of Taiwan | Dholera, Gujarat | ₹91,000 Cr | 50,000 wafers/month |
| Feb2024 | CG Power & Industrial Pvt Ltd inpartnership with Renasas and Stars | Sanand, Gujarat | ₹7,600 Cr | 15 million chips/day |
| Feb2024 | Tata Semiconductor Assemblyand Test Pvt Ltd (TSAT) | Morigaon, Assam | ₹27,000 Cr | 48 million chips/day |
| Sep2024 | Kaynes Semicon Pvt Ltd | Sanand, Gujarat | ₹3,307 Cr | 6.33 million chips/day |
| May2025 | HCL-Foxconn JV | Jewar, Uttar Pradesh | ₹3,700 Cr | 20,000 wafers/month(36 M units/yr) |
| August2025 | SicSem Private Limited | Bhubaneshwar, Odisha | ₹2,066 Cr | 60,000 wafers/year;ATMP capacity: 96 million Units/year |
| August2025 | 3D Glass Solutions Inc. | Bhubaneshwar, Odisha | ₹1,943 Cr | Glass panels: 70,000 units/year;ATMP: 50 million units/year |
| August2025 | CDIL (Continental Device) | Mohali, Punjab | ₹117 Cr | 158 million units /year |
| August2025 | ASIP (Advanced System inPackage Technologies) | Andhra Pradesh | ₹468 Cr | 96 million units /year |
Conclusion:
In conclusion, India’s semiconductor journey is entering a decisive phase with government-approved investments of Rs. 159,717 crore across fabrication, assembly, and testing units.
The biggest investment comes from Tata Electronics (TEPL) in partnership with PSMC of Taiwan, setting up a Rs. 91,000 crore fabrication plant at Dholera, Gujarat. Micron Technology is investing Rs. 22,516 crore in Sanand, Gujarat, while Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) will establish a Rs. 27,000 crore OSAT unit in Morigaon, Assam
Alongside, listed companies like Kaynes Semicon and CG Power, with investments of Rs. 3,307 crore and Rs. 7,600 crore, respectively, are strengthening India’s semiconductor ecosystem. These strategic ventures not only reduce dependence on imports but also position India as a rising hub in the $1 trillion global semiconductor market, marking a new era of self-reliance and technological leadership.
Written By – Nikhil Naik
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