India eyes chip parity with US, China by 2032 as $10 bn semiconductor push gains momentum

Indias ambitions come as global chip leaders from Taiwan and South Korea to the US, China and Japan pour hundreds of billions of dollars into expanding their own capacities to secure supply for future technologies such as AI, electric mobility and advanced computing. Vaishnaw argued that Indias strengths go beyond capital investment and include engineering talent and maturing design depth.