India is poised to make a landmark entry into the global semiconductor manufacturing space. Union Minister for IT and Electronics, Ashwini Vaishnaw, announced that the first Made-in-India semiconductor chip, ranging between 28 to 90 nanometers, will be launched within this year, as per news reports.
Speaking at the Confederation of Indian Industry’s (CII) Annual Business Summit, the minister emphasised that this rollout will be the result of a focused strategy targeting a crucial segment of the global chip market.
"We selected a market segment that accounts for nearly 60% of total volume and approached it with a precise plan," Vaishnaw noted during his address, as per news reports.
The 28-90nm chip category plays a vital role in powering a range of electronics, including automotive components, consumer electronics, and industrial equipment. By focusing on this category, India aims to rapidly scale its chip-making capabilities while addressing significant demand both locally and internationally.
Beyond manufacturing, the minister also underlined the importance of building an entire ecosystem of innovation. “We must continue to work wherever there’s an opportunity. We should develop our own intellectual property (IP), products, designs, and standards,” Vaishnaw stressed.
His statement reflects the government's broader vision of positioning India as a self-reliant technology hub, capable of not just producing but also innovating at the global level.
Vaishnaw also touched upon the growing influence of Artificial Intelligence (AI) across industries. He noted that AI is driving a wave of positive transformation and presents India with new opportunities to lead in emerging technologies.
The launch of India’s first indigenous chip will mark a pivotal moment in the country’s digital and industrial transformation. It reflects the success of targeted policy frameworks like the Production Linked Incentive (PLI) schemes and ongoing government efforts to boost local manufacturing.
Earlier in May, the Union Cabinet has granted approval for a new semiconductor manufacturing facility in Jewar, Uttar Pradesh, to be developed jointly by HCL Group and Foxconn with a proposed investment of ₹3,700 crore. This marks the sixth project sanctioned under the India Semiconductor Mission.
Currently, five semiconductor plants are already progressing towards completion, including facilities by Micron Technologies, Kaynes Technologies, and a CG Power–Renesas–Star Microelectronics consortium in Sanand, Gujarat. The Tata Group is also building two units—one each in Dholera, Gujarat, and Assam.
HCL Technologies Limited's share price stood at ₹1,653.30, down by ₹11.40 or 0.68% AT 10:05 am on the NSE from the previous close of ₹1,664.70. The stock opened at ₹1,664.70, hitting an intraday low of ₹1,645.70, with a volume-weighted average price (VWAP) of ₹1,652.59.
Meanwhile, Tata Elxsi Limited's shares were trading at ₹6,432.50, declining ₹67.00 or 1.03% from its prior close of ₹6,499.50. The stock opened at ₹6,512.50 and reached a high of ₹6,520 and a low of ₹6,427 during the session, with a VWAP of ₹6,448.50. Both stocks showed a slight dip amid market movements on the day.
Read More: Best Semiconductor Stocks in India in June 2025: Tata Elxsi, Dixon Tech & More Based on 5-Year CAGR.
India’s upcoming launch of its first 28-90nm semiconductor chip signals a major milestone in its journey towards technological sovereignty. With a strategic approach, strong policy backing, and a growing focus on innovation and design, the country is set to emerge as a significant player in the global semiconductor ecosystem. As the world watches, this move may well define a new chapter in India’s digital and manufacturing future.
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Published on: May 30, 2025, 10:12 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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