In Short : Union Minister Ashwini Vaishnaw said India is on track to become one of the world’s important semiconductor nations by 2035. He highlighted the government’s strong policy support, investments in chip manufacturing, and focus on building a complete ecosystem, positioning India as a key global hub for semiconductor design, fabrication, and innovation.
In Detail : Union Minister for Electronics and Information Technology Ashwini Vaishnaw stated that India is steadily progressing towards becoming one of the world’s important semiconductor nations by 2035. He emphasized that semiconductors are critical for economic growth, technological leadership, and national security in the digital age.
Vaishnaw highlighted that the government has laid a strong foundation through policy initiatives such as the India Semiconductor Mission. These policies aim to attract global investments, promote domestic manufacturing, and develop advanced semiconductor fabrication and assembly facilities across the country.
He noted that India already has a strong presence in semiconductor design and engineering talent. A large portion of global chip design work is carried out by Indian engineers, giving the country a competitive advantage in building a full-fledged semiconductor ecosystem.
The minister also stressed the importance of setting up fabrication plants and advanced packaging units. These facilities are essential to move India from being primarily a design hub to a comprehensive manufacturing and innovation centre.
Vaishnaw underlined that partnerships with global technology companies are playing a key role in accelerating progress. Collaborations with international players bring in advanced technology, capital investment, and best practices in chip manufacturing.
He further pointed out that semiconductors are foundational to emerging sectors such as artificial intelligence, electric vehicles, telecommunications, defence, and renewable energy. A strong domestic chip industry will reduce import dependence and strengthen supply chain resilience.
The government is also focusing on skill development and research to support the semiconductor ecosystem. Investments in education, specialised training programs, and research institutions are aimed at creating a future-ready workforce.
From an economic perspective, the semiconductor industry is expected to generate large-scale employment and drive high-value manufacturing. It will also attract significant foreign direct investment and boost India’s position in global technology markets.
Overall, Ashwini Vaishnaw stated that with consistent policy support, infrastructure development, and industry collaboration, India has the potential to emerge as a major semiconductor nation by 2035, playing a crucial role in the global electronics and digital economy.
