India Seeks Chipmaking Parity With Major Producers by 2032
Summary
India's technology minister announced plans to elevate the nation's chipmaking capabilities to match major global producers by 2032, highlighting the government's commitment to enhancing domestic manufacturing in the tech sector.
Key Insights
What does 'chipmaking parity' mean in the context of India's semiconductor goals?
Chipmaking parity refers to India's ambition to develop its semiconductor manufacturing capabilities to a level comparable with leading global producers by 2032. This includes building a robust ecosystem for chip design, fabrication, packaging, and materials, supported by government initiatives like the India Semiconductor Mission and investments in education and infrastructure. The goal is to reduce reliance on imports and position India as a key player in the global semiconductor supply chain.
How is India planning to achieve its semiconductor manufacturing goals by 2032?
India is pursuing a comprehensive approach through the India Semiconductor Mission, which includes allocating significant funds for semiconductor fabrication, display manufacturing, and chip design. The government is also investing in workforce development, establishing Centers of Excellence, and promoting industry-academia collaboration. Initiatives like SEMICON India aim to attract global partnerships and investments, while efforts are underway to develop domestic capabilities in equipment, materials, and advanced packaging to fully integrate India into the global semiconductor value chain.