NITI Aayog Unveils 10-Year Roadmap to Build India’s Semiconductor Industry by 2035
India has unveiled its first comprehensive 10-year semiconductor roadmap, titled “Future of India’s Semiconductor Industry,” as part of its efforts to become a critical player in the global semiconductor value chain. Released by NITI Aayog’s Frontier Tech Hub on 29 May 2026, the roadmap outlines a vision to build a USD 120–150 billion semiconductor ecosystem by 2035. The strategy is centred on five pillars—frontier R&D and design IP, policy and investment, production, talent development, and international partnerships. Key objectives include establishing India as a global hub for advanced packaging and OSAT services, developing leadership in compound and wide-bandgap semiconductors, strengthening chip design capabilities, and creating more than 100 advanced semiconductor design intellectual properties.
The roadmap aligns with the priorities of the India Semiconductor Mission (ISM) 2.0 and reflects a shift from building foundational capacity to deepening capabilities across design, manufacturing, materials, packaging, research, and talent. Finance Minister Nirmala Sitharaman described semiconductors as the foundational infrastructure of the 21st century and highlighted opportunities in advanced packaging, compound semiconductors, and AI-native chip design. Electronics and IT Minister Ashwini Vaishnaw emphasized India’s ambition to build a complete semiconductor ecosystem and become a trusted long-term partner in global supply chains. For non-Indian companies, the roadmap signals significant opportunities for investment, technology partnerships, design collaboration, advanced packaging operations, talent development, and supply chain diversification as India seeks to position itself as a dependable and strategically important semiconductor manufacturing and innovation hub.
https://www.pib.gov.in/PressReleasePage.aspx?PRID=2266727®=3&lang=1
Editor’s Note: India’s new 10-year semiconductor roadmap, unveiled by NITI Aayog on 29 May 2026, sets a vision to build a USD 120–150 billion ecosystem by 2035, focusing on R&D, policy, production, talent, and global partnerships. It aims to establish India as a hub for advanced packaging, compound semiconductors, and AI-native chip design, while offering major opportunities for international investment and collaboration.
Taiwan and South Korea Overtake India in Global Market Capitalisation Rankings Amid AI and Semiconductor Boom
在人工智慧和半導體產業蓬勃發展的推動下，台灣與韓國在全球市值排名中雙雙超越印度
India has slipped to seventh place in global stock market capitalisation rankings after South Korea overtook it, just a week after Taiwan moved ahead. According to the report, South Korea’s market capitalisation stood at approximately $5.04 trillion as of June 1, 2026, compared with India’s $4.84 trillion, while Taiwan ranked fifth at $5.15 trillion. The shift reflects a widening gap in market performance across Asia, with South Korea’s KOSPI and Taiwan’s market posting strong gains driven by investor enthusiasm for artificial intelligence (AI), semiconductors, and high-bandwidth memory technologies. Major chipmakers such as Samsung, SK Hynix, and TSMC have benefited significantly from the global AI investment cycle, helping elevate both markets to the forefront of the AI value chain.
India, meanwhile, has faced pressure from weak corporate earnings, foreign investor outflows, currency depreciation, elevated crude oil prices, and limited exposure to AI-linked stocks, resulting in declines in the Sensex and Nifty during 2026. The report notes that rising commodity costs, geopolitical tensions in West Asia, and concerns over inflation have further weighed on investor sentiment and corporate profitability. For non-Indian companies, the development highlights the growing importance of AI and semiconductor ecosystems in attracting global capital, while also underscoring opportunities for technology, semiconductor, and infrastructure firms to partner with India as it works to strengthen its position in emerging industries and diversify its economic growth drivers.
Editor’s Note: India has slipped to seventh in global stock market rankings after South Korea ($5.04 trillion) and Taiwan ($5.15 trillion) moved ahead, driven by AI and semiconductor gains from firms like Samsung, SK Hynix, and TSMC. India’s $4.84 trillion market has struggled with weak earnings, investor outflows, currency pressure, and limited AI exposure, highlighting both challenges and opportunities for global firms to partner in its emerging industries.
Gorilla Technology and Supermicro Close US$2 Billion AI Infrastructure Deal for India’s Yotta Project
台灣大猩猩科技集團(Gorilla Technology)和美超微電腦( Supermicro)為印度 Yotta 資料中心專案達成 20 億美元的人工智慧基礎設施協議
Gorilla Technology has announced the successful closure of an AI infrastructure supply arrangement with Supermicro valued at approximately US$2 billion to support its Yotta AI infrastructure project in India. The deal includes the delivery of 20,736 NVIDIA B300 cards, 5,120 B200 cards, networking equipment, and related infrastructure for large-scale AI data centre deployments. The companies said the transaction supports major hyperscale and sovereign AI initiatives in India and strengthens their position as key enablers of next-generation AI computing capacity in the region. Yotta Data Services, which is expanding AI infrastructure across India, described the agreement as an important milestone in meeting growing demand for hyperscale AI compute among enterprises and public sector organisations.
Building on the agreement, Gorilla Technology and Supermicro have entered into a broader strategic framework to jointly pursue multi-billion-dollar AI infrastructure opportunities across India and the Asia-Pacific region, including Southeast Asia. The partnership will focus on hyperscale AI data centres, GPU-as-a-Service platforms, sovereign AI programmes, and enterprise AI transformation projects, with Supermicro supplying AI server infrastructure and Gorilla providing deployment, managed services, and financing solutions. Company executives highlighted strong demand for sovereign AI and large-scale compute infrastructure across markets including India, Singapore, Malaysia, Thailand, Indonesia, Japan, Taiwan, and the Philippines. For non-Indian companies, the development signals expanding opportunities in AI hardware, data centre infrastructure, cloud services, financing, and sovereign AI ecosystems, while demonstrating India’s growing role as a major hub for AI compute capacity and regional digital infrastructure investments.
Editor’s Note: Gorilla Technology has closed a US$2 billion AI infrastructure deal with Supermicro to supply over 25,000 NVIDIA GPUs and related equipment for Yotta’s large-scale AI data centres in India, supporting hyperscale and sovereign AI initiatives. The two firms also formed a broader partnership to pursue multi‑billion‑dollar AI infrastructure opportunities across India and Asia-Pacific, focusing on hyperscale data centres, GPU-as-a-Service, sovereign AI, and enterprise AI transformation.
NITI Aayog Urges India to Build an Indispensable Semiconductor Ecosystem Rather Than Chase Foundry Dominance
India should move away from attempting to catch up with established global semiconductor foundries and instead focus on becoming an indispensable player in the global semiconductor ecosystem, according to NITI Aayog’s report, “Future of India’s Semiconductor Industry.” The report highlights that India’s semiconductor manufacturing ecosystem remains at a nascent stage, with 90–95% of domestic semiconductor demand currently met through imports. Semiconductor imports totalled nearly US$150 billion between FY17 and FY25 and grew at a compound annual rate of 23%. NITI Aayog warned that, if current trends continue, India’s annual semiconductor import bill could reach nearly US$240 billion by 2035, creating economic pressures and exposing critical sectors, including aerospace and defence, to strategic vulnerabilities arising from dependence on foreign-made chips. The report projects the global semiconductor market to expand from US$631 billion in 2024 to US$1.55 trillion by 2035.
Rather than competing directly in the traditional wafer fabrication race, the report recommends that India focus on emerging opportunities in advanced packaging, manufacturing scale, system-level integration, compound semiconductors, research, talent development, and ecosystem partnerships. It outlines a strategy built around five pillars—Pioneering, Policy and Investment, Production, People, and Partnership—with the goal of creating a US$120–150 billion semiconductor value chain by 2035. The report also notes that global trust and supply-chain integration remain significant challenges, as semiconductor supply chains are deeply entrenched in East Asia. For non-Indian companies, the strategy signals growing opportunities for collaboration in semiconductor design, advanced packaging, materials, equipment, research, talent development, and supply-chain diversification, as India seeks to strengthen its role as a trusted and strategically important node in the global semiconductor industry.
Editor’s Note: NITI Aayog’s report warns that India’s semiconductor ecosystem is still nascent, with 90–95% of demand met through imports that could reach US$240 billion annually by 2035, posing economic and strategic risks. Instead of competing with established foundries, it urges India to focus on advanced packaging, compound semiconductors, research, talent, and partnerships to build a US$120–150 billion value chain, creating opportunities for global collaboration.
Uno Minda Launches Taiwan-Technology Metal Wiper Blade Range for India’s Aftermarket
Automotive components manufacturer Uno Minda has introduced a new range of metal wiper blades for the Indian aftermarket, leveraging technology sourced from Taiwan to enhance visibility and driving safety during rain, dust, and challenging weather conditions. The company said the new product range has been designed to provide improved wiping performance, durability, and consistent windshield contact, addressing the needs of Indian motorists across varying road and climatic conditions. The launch forms part of Uno Minda’s strategy to expand its aftermarket portfolio while bringing globally sourced technologies to the domestic automotive market.
According to the company, the metal wiper blade range combines advanced engineering with quality materials to deliver efficient cleaning performance and longer service life. The introduction reflects the growing trend of incorporating international technologies into India’s automotive components sector to improve product quality and customer experience. For non-Indian companies, the development highlights opportunities for technology licensing, component sourcing, manufacturing partnerships, and aftermarket product collaborations in India’s rapidly expanding automotive market, where demand for higher-performance and safety-oriented vehicle components continues to grow.
Editor’s Note: Uno Minda has launched a new range of Taiwan‑sourced metal wiper blades in India, designed to improve durability, performance, and safety across diverse driving conditions. The move expands its aftermarket portfolio and reflects the growing trend of integrating global technologies into India’s automotive sector, creating opportunities for international partnerships and component collaborations.
India Emerges as a Global AI Talent Powerhouse Amid Ambitions to Become an AI Superpower
India is rapidly strengthening its position in the global artificial intelligence landscape, supported by a fast-growing talent pool and increasing adoption of AI technologies. According to a LinkedIn study cited in Stanford University’s 2026 AI Index Report, India recorded the world’s second-fastest growth in AI talent concentration among LinkedIn members between 2019 and 2025, with a 120% increase, trailing only the United Arab Emirates. India also ranked first globally in AI skill penetration, with AI-related skills appearing on LinkedIn profiles at nearly three times the global average. The development aligns with Prime Minister Narendra Modi’s vision of making India one of the world’s top three AI superpowers by 2047, supported by plans to attract more than US$200 billion in AI infrastructure investments and build domestic capabilities in areas such as semiconductor manufacturing and AI innovation.
Despite these strengths, India continues to face challenges in retaining top AI professionals, recording the world’s largest net outflow of AI authors and inventors in 2025. At the same time, the country has emerged as a leading destination for AI offshoring, hosting 2,117 Global Capability Centres (GCCs) that employ approximately 2.36 million people and account for around 28% of the global GCC AI talent pool. Policymakers and industry leaders are increasingly emphasizing AI sovereignty, advocating for the development of indigenous AI models tailored to Indian languages and local needs in sectors such as healthcare, education, agriculture, and financial inclusion. For non-Indian companies, India’s expanding AI workforce, large GCC ecosystem, and growing investment in AI infrastructure present significant opportunities for research and development partnerships, talent sourcing, AI service delivery, and collaborative innovation aimed at both domestic and global markets.
https://www.statista.com/chart/amp/36255/change-in-ai-talent-concentration-among-linkedin-members
Editor’s Note: India has recorded the world’s second-fastest growth in AI talent concentration (120% between 2019–2025) and ranks first globally in AI skill penetration, aligning with its ambition to become a top AI superpower by 2047. Despite challenges in retaining top professionals, India hosts over 2,100 Global Capability Centres employing 2.36 million people, making it a leading AI offshoring hub and offering major opportunities for global R&D, talent sourcing, and collaborative innovation.