The Economic Times

SEMICON India 2026: Chip away into the whole ecosystem, policy should look beyond fab units

India's semiconductor policy must now focus on ecosystem development beyond fabrication units. The nation should strategically dominate select points along the global chip supply chain. Incentives should encourage localization of critical materials and equipment production. Government procurement and institutional testing will support local vendors and talent development. Joint research and supply chain resilience are vital for long-term success.