NITI Aayog Semiconductor Roadmap: Targets $150 Billion Value Chain by 2035

Key facts

• NITI Aayog released a 10-year roadmap titled “Future of India’s Semiconductor Industry” to build a $120-150 billion domestic semiconductor value chain by 2035.
• The roadmap identifies five key pillars: frontier R&D and design IP, policy and investment support, advanced packaging and compound semiconductor manufacturing, talent development, and partnerships with trusted nations and global industry players.
• India aims to become a leading global destination for advanced packaging and Outsourced Semiconductor Assembly and Test (OSAT), a major supplier of wide-bandgap semiconductors, and create over 100 advanced semiconductor design intellectual properties.
• Under the Semicon India Programme, the government has approved 10 projects with investment commitments of approximately ₹1.6 lakh crore.
• The roadmap reinforces priorities of the India Semiconductor Mission 2.0 (ISM 2.0) announced in the Union Budget 2026, with a primary focus on supporting Indian design companies.