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India approves 12 semiconductor manufacturing projects with investments totalling around US$17.2 billion

July 9, 2026 -

Their implementation is expected to establish a full microchip production cycle in the country⁠

By tvbrics.com

India has approved 12 major semiconductor manufacturing projects with a total investment of around US$17.2 billion, marking an important step towards the country’s development of its own electronics and technology industry. This was reported by IANS, a partner of TV BRICS.

According to the authorities, the approved projects include the construction and commissioning of one microchip manufacturing plant, two facilities for the production of semiconductor components, and nine packaging and testing plants.

The government is focusing not only on manufacturing but also on the development of equipment, materials and proprietary technologies, as well as on strengthening resilient supply chains.

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