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rafinsight·10/6/2026
India chip plants

India now has five chip plants in production. Is the government's semiconductor push worth the public money?

📍 New Delhi, India

At SEMICON India 2026 (17-19 September, New Delhi), the government said 12 projects worth over Rs 1.64 lakh crore are approved and five units are in production. A second phase, ISM 2.0, with an outlay of Rs 1,27,500 crore was launched in July 2026.

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Documents & evidence

🔗GKToday — PM Modi launches 12 semiconductor projects at SEMICON India 2026 (17 Sep 2026)
DhishuumGKToday — PM Modi launches 12 semiconductor projects at SEMICON India 2026 (17 Sep 2026)Open link ↗

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  • M

    Ministry of Electronics and Information Technology (MeitY)

    Nodal ministry for the India Semiconductor Mission

  • S

    S. Krishnan

    Secretary, MeitY

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