23 Sep 2025 | 5 Mins Read
India invests $18 billion in major chip production initiative
Flipitmoney
India aims to become a global chip major through its "Semiconductor Mission" to reduce import dependence and capture global electronics market share. The country has approved 10 semiconductor projects worth $18.2 billion, but experts caution that more is needed to create a sustainable ecosystem. India's ambitions are hindered by intense global competition and multiple barriers.