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Statsguru: India's chip aspirations face funding gap despite policy push

1 week ago 5

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India ranks third in semiconductor firm registrations, but weak funding, R&D spending and a widening trade deficit remain concerns

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India ranked third globally in semiconductor firm registrations between 2017 and August 2026, but the number of new firms has fallen sharply over the years.

Jayant Pankaj New Delhi

3 min read

Last Updated :

Sep 27 2026 | 11:32 PM

IST

Prime Minister Narendra Modi recently reiterated his vision of positioning India as a “trustworthy” destination for semiconductor manufacturing. However, the sector’s growth trajectory highlights the challenges despite the government announcing two packages to boost the sector.

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