India's Semiconductor and Chip Industry Set for Multi-Decade Growth with $200 Billion Investments

Union Minister Ashwini Vaishnaw toured semiconductor and chip firms in Bengaluru, meeting with leaders and employees at Texas Instruments and Qualcomm. He also met with Zetwerk Electronics, a downstream player in the semiconductor ecosystem. Vaishnaw noted that semiconductor and chip design has scope for a multi-decade journey and investments in the sector may exceed $200 billion in the coming years. He inaugurated Texas Instruments' R&D center and Zetwerk Electronics' advanced manufacturing facility. Qualcomm unveiled a 2-nanometre semiconductor chip, demonstrating India's key role in the industry.