The electronics and semiconductor industry presents a significant opportunity for India to capitalise on its inherent economic strengths, such as its R&D focus, robust logistics and supply chain, a readily available talent pool in the tech, AI, cloud computing and IoT space, component raw materials, and a vast pool of MSME component suppliers. Strategically calculated initiatives to exploit these strengths can enable India to emerge as a dominant player in the field and offset the geopolitical risk posed by the concentration of the sector’s supply chain in certain countries.
It is notable that India’s electronics production expanded from USD 21bn (2014–15) to USD 125bn (2024–25), while semiconductor investments under the India Semiconductor Mission (ISM) reached approximately USD 18bn across 10 approved projects.1