📊Executive Summary

India is making significant strides in semiconductor production, with three facilities now in commercial operation as part of its broader strategy to establish a robust semiconductor ecosystem. The government has allocated substantial funding, totaling ₹2.04 trillion across phases of the Semicon India Programme, to enhance capabilities in chip design, fabrication, and advanced packaging. This initiative aims to position India as a key player in the global semiconductor supply chain, supporting various sectors including AI and data centers. The ongoing projects and investments signal a shift from policy to tangible production, which could impact procurement strategies for companies relying on semiconductor components....