Business · India Bureau
Global semiconductor majors eye India as next manufacturing powerhouse
Executives from leading chipmakers including ASML, Infineon and Intel have identified India as a significant opportunity for semiconductor manufacturing and related industries. The comments underscore India's growing appeal as countries seek to diversify chip supply chains beyond traditional Asian hubs.
LSN India ·
Senior leaders from major semiconductor equipment and component manufacturers see substantial potential across multiple segments of India's emerging chip ecosystem, according to industry statements. Areas of particular interest include semiconductor fabrication facilities, advanced packaging technologies, artificial intelligence applications, data centre infrastructure and power electronics manufacturing.
The optimism reflects India's strategic positioning in global efforts to reduce dependence on concentrated semiconductor supply chains. The nation has launched ambitious programs to attract chipmaking investments, including production-linked incentive schemes and infrastructure development initiatives aimed at establishing a domestic semiconductor industry.
India's appeal stems from several factors: a large domestic market for electronics and computing services, a skilled workforce, government policy support, and proximity to growing demand in South and Southeast Asia. The country's existing strengths in software and information technology also provide complementary advantages for semiconductor-related ventures.
The interest from global semiconductor leaders represents a significant endorsement of India's capabilities and potential, though building a competitive domestic chip manufacturing sector remains a long-term undertaking. Manufacturing semiconductor chips requires substantial capital investment, specialised technical expertise and years of operational refinement to achieve competitive efficiency and quality standards.
India's semiconductor ambitions form part of a broader global realignment of chip supply chains, with governments and companies increasingly seeking geographic diversification to ensure supply security and reduce geopolitical vulnerabilities in this critical technology sector.