India should target $120-$150-bn semiconductor value chain: Study

India should aim to build a $120-150 billion semiconductor value chain by 2035, a report by NITI Aayog said. It recommended that the government fund at least one-third of the required investment to reduce project risks and attract long-term investors. The report estimates India will need $135-180 billion in semiconductor investments over the next decade to develop a competitive ecosystem.