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DigiTimes
India reportedly plans to launch fresh chip incentive in fiscal 2027
The Indian government has announced plans to disburse INR71 billion in semiconductor incentives during the fiscal year 2027 to strengthen its local chip supply chain. This initiative marks a shift under the ISM 2.0 strategy, with a new focus on design, equipment, and intellectual property rather than solely on fabrication facilities. As India continues to push its semiconductor ambitions, industry stakeholders are watching closely for the impact on the global market as well as on local manufacturing capabilities.
MonitorConfidence: MediumMid term horizon
Published 23 Jun 2026, 06:20 UTC1 min read
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Summary
TL;DR
- India plans to allocate INR71 billion in semiconductor incentives for 2027.
- The focus will be on expanding design, equipment, and intellectual property.
- This initiative is part of India’s ISM 2.0 strategy for semiconductors.
- Global semiconductor market forecasted to reach US$1.5 trillion by 2026.
- India's semiconductor push aims to strengthen local supply chains.
Interesting facts
- India's semiconductor plan represents a strategic pivot in its technology landscape.
- This move aligns with global trends of increasing demand for semiconductors.