India bets ₹76,000 crore to join global chip race

India is fast emerging as a global semiconductor hub, driven by the ₹76,000 crore ‘Semicon India’ initiative, state policies, and over $20 billion industry investments. With chip demand soaring across AI, 5G, and EVs, India eyes a $103 billion market by 2030, backed by strong talent, manufacturing growth, and rising global interest.

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