India’s semiconductor ecosystem is beginning to gain momentum with decent investments in fabs and chip packaging units. These developments are expected to benefit adjacent industries like automotive, solar, electronics, aerospace and telecommunications, as per industry experts.

While India is already strong in chip design (accounting for 25-30 per cent of global capacity), the country is now focused on manufacturing with USD 15-20 billion in greenfield fab investments so far.

Tata Electronics, in collaboration with Powerchip Semiconductor Manufacturing Corporation (PSMC), is establishing a USD 11 billion fab in Gujarat, with a capacity to produce 50,000 wafers per month.

Another USD 10-billion joint semiconductor fab proposal by Israel’s Tower Semiconductor and Adani Group is currently under review as part of the India Semiconductor Mission (ISM).

Sky is the limit as semiconductors become integral to industries like automotive, where cars are essentially semiconductors on wheels. There’s tremendous growth in the medical field, with devices we carry—like phones, wearables and even embedded chips in the body—relying on semiconductors.