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India Targets 5 Chipmakers, 1 Lakh Jobs in Semiconductor Push

India is targeting five large semiconductor manufacturers, three materials companies, advanced packaging facilities and over one lakh jobs as it builds a domestic chip ecosystem.

India Targets 5 Chipmakers, 1 Lakh Jobs in Semiconductor Push
Union Minister Ashwini Vaishnaw outlines India’s ambitious semiconductor manufacturing and jobs target.
India is aiming to build a complete semiconductor ecosystem with at least five large chip manufacturers, three major materials companies, advanced packaging facilities and more than one lakh direct and indirect jobs, Union Minister Ashwini Vaishnaw said.


The government’s semiconductor strategy goes beyond setting up fabrication plants. It includes specialised chemicals and gases, manufacturing equipment, chip design, advanced packaging and skilled talent. Vaishnaw said the programme was planned as a long-term effort, with the government treating semiconductor development as a 20-year journey rather than chasing quick results.

India currently has capabilities around the 40nm technology node, but the government is targeting more advanced 7nm and 3nm technologies over the next eight years. Vaishnaw acknowledged that reaching these levels will be challenging because leading semiconductor nations spent decades building their ecosystems.

The country has already trained around 85,000 semiconductor engineers, while the startup ecosystem has expanded to about 205 companies and attracted around 30 venture capital firms, according to the minister.

Vaishnaw said the ultimate benchmark would be five large semiconductor manufacturers, three major materials producers, two advanced packaging facilities and more than one lakh jobs.

With chips becoming essential across cars, phones, electronics, trains and aircraft, India’s semiconductor plan is clearly aiming for the full tech stack—not just the flashy factory photo-op.

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By Nation With Tea

Contributor at Nation With Tea

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