Semicon India Programme Approves 10 Projects as IT Sector Revenue Reaches $283 Billion

The Semicon India Programme continues to progress with approvals for multiple semiconductor projects, alongside steady growth in India IT sector revenue, as outlined in a Press Information Bureau release dated February 4, 2026. 

Semicon India Programme Project Approvals 

The Government of India approved 10 semiconductor projects with planned investments of about ₹1,60,000 crore.  

These include 2 fabrication units and 8 packaging units covering CMOS silicon fabrication, silicon carbide fabrication, advanced packaging and memory packaging. Pilot production has begun in 4 units, while others remain under different stages of implementation. 

Semiconductor Design and Academic Support 

Under the programme, 24 chip design projects received startup support. Out of these, 16 completed tapeouts and 13 secured venture capital funding.  

Additionally, 350 universities were provided access to electronic design automation tools, which are being used by nearly 65,000 engineers across institutions. 

Read More: AI Semiconductor Firm Agrani Labs Raises $8 Mn in Seed Round Led by Peak XV Partners! 

India Semiconductor Mission Oversight 

The India Semiconductor Mission functions as the nodal agency responsible for appraisal and recommendations of semiconductor manufacturing proposals.  

The mission includes semiconductor experts along with representatives from various ministries and departments to support evaluation and coordination. 

Key Approved Semiconductor Manufacturing Facilities 

Approved facilities include projects by Micron Technology in Gujarat with ₹22,516 crore investment, Tata Electronics units in Gujarat and Assam with combined investments of ₹1,18,646 crore, and multiple packaging facilities across Gujarat, Odisha, Uttar Pradesh, Punjab and Andhra Pradesh. Production capacities range from wafer fabrication to over 150 million semiconductor units annually depending on the facility. 

IT Sector Revenue Performance 

As per data published by NASSCOM, India IT sector total revenue increased from $196 billion in 2020 21 to an estimated $283 billion in 2024 25. Exports rose to $224.4 billion, while domestic revenue reached $58.2 billion during the same period. 

Conclusion 

The approval of 10 semiconductor projects under the Semicon India Programme and the rise in IT sector revenue to $283 billion reflect ongoing developments in India electronics and digital services ecosystem, supported through coordinated policy and institutional mechanisms. 

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