India’s semiconductor ecosystem: Expanding capabilities to enable innovation

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By Yasutaka Ihara, Director & Corporate Officer, TANAKA Precious Metal Technologies Co., Ltd

India has not been shy about its ambition to become a global hub for semiconductor manufacturing. Through initiatives like the landmark India Semiconductor Mission 2.0 (ISM) and the Production-Linked Incentive (PLI) scheme, the country has the wind beneath its sails.

India’s semiconductor push is steadily moving from building infrastructure to strengthening real capabilities. While earlier investments focused on fabrication and assembly, testing, marking, and packaging (ATMP), ISM 2.0 shifts the focus to industry-led R&D, design, and talent, laying the foundation for long-term innovation.

However, as India expands its capabilities in chip design and fabrication, attention is also increasing on the materials that enable semiconductor manufacturing. According to Deloitte, over 90% of India’s semiconductor demand is still met through imports, highlighting the gaps in its domestic ecosystem.

This brings increased focus to ensuring stable material availability to support...

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