India Must Fast-Track Semiconductor Self-Reliance To Safeguard Economy And Security, Says NITI Aayog

India’s semiconductor import bill has surged to nearly $150 billion between FY17 and FY25, with NITI Aayog warning that costs could rise to $240 billion annually by 2035 if self-reliance is not achieved. The think tank stresses that chip independence is vital for national security, economic resilience, and India’s Viksit Bharat 2047 vision.India’s semiconductor ecosystem remains at a nascent
India’s semiconductor import bill has surged to nearly $150 billion between FY17 and FY25, with NITI Aayog warning that costs could rise to $240 billion annually by 2035 if self-reliance is not achieved. The think tank stresses that chip independence is vital for national security, economic resilience, and India’s Viksit Bharat 2047 vision.India’s semiconductor ecosystem remains at a nascent
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