For a country to export at scale, it will also need to import several components, Pankaj Mahindroo, the chairman of the India Cellular and Electronics Association (ICEA), has said. Participating in a panel discussion at the CNBC-TV18 and Moneycontrol UP Tech Next Electronics and Semiconductor Summit on December 2 in Lucknow, Mahindroo cited the example of China, which imports components worth $700 billion to export electronics worth $1 trillion.

The semiconductor narrative today is dangerously narrow. Industry discourse is dominated by nanometer milestones 3nm today, 2nm tomorrow as if smaller nodes alone define technological relevance. But while much of the world is caught in this tunnel vision, India is charting a path that is not about compromise, but strategic clarity. By establishing commercial production capabilities at 28nm and 90nm nodes, India is not playing catch-up, it’s rewriting the rules of the race.

India’s semiconductor aspirations are taking a new dimension. The Semiconductor Mission 2.0, will pivot India from a fab-first mindset to an end-to-end semiconductor strategy, said joint secretary at the Ministry of Electronics and Information Technology, Sushil Pal. However, right steps towards talent development will be key to success.

Recently, Union minister Ashwini Vaishnaw said that India’s chipmaking capabilities are set to be at par with US, China, and other major producers by 2032. The India Semiconductor Mission with $10 billion outlay boosts local manufacturing, design, and talent.

An acute global shortage of memory chips is forcing artificial intelligence and consumer electronic companies to fight for dwindling supplies, as prices soar for unglamorous but essential components that allow devices to store data.

The global semiconductor industry is staring at a shortage of at least 700,000 skilled workers by 2030, a gap that industry leaders say presents a major opportunity for India, as it ramps up its chip manufacturing and design ambitions. India is pushing ahead with large-scale investments under the semiconductor mission and state-level incentive policies, making talent the next big bottleneck the country must solve. “Worldwide, there is a problem, and India has the opportunity to fill the void,” said Ashok Chandak, the president of the India Electronics and Semiconductor Association (IESA).

Tata Electronics is expected to start commercial operations of its Dholera semiconductor fab facility by the financial year 2029-2030. This was informed by Minister of State for Electronics and Information Technology Jitin Prasada in response to a question raised in the Lok Sabha. “The production capacity of this fab will be 50,000 wafer starts per month, which inter-alia includes 28nm Technology node as well. This facility is expected to start the commercial operations by FY 2029-30,” Prasada said. Tata Electronics did not respond to TechCircle’s query. As per earlier media reports, the first chip production is expected to begin by December 2026.

Uttar Pradesh strengthened its push towards becoming a premier destination for Electronics System Design & Manufacturing (ESDM) as senior policymakers and top industry leaders convened for a high-level roundtable in Lucknow on Wednesday.In his keynote address, Infrastructure & Industrial Development Commissioner Deepak Kumar highlighted the state’s progress towards the USD 1 trillion economy goal and reaffirmed its commitment to investor facilitation.