📊Executive Summary

India has unveiled a comprehensive 10-year semiconductor roadmap aimed at establishing a $120 billion to $150 billion semiconductor value chain by 2035. This initiative, led by NITI Aayog's Frontier Tech Hub, focuses on enhancing capabilities in chip design, advanced packaging, and manufacturing to reduce reliance on imports. Key areas include strengthening semiconductor design talent, advancing packaging technologies, and fostering international partnerships. The roadmap emphasizes the importance of compound semiconductors and wide-bandgap technologies, which are crucial for sectors like electric vehicles and renewable energy. As India aims to become a global semiconductor design hub, procurement teams should monitor developments closely, as this could reshape sourcing strategies and demand dynamics in the semiconductor market....