From Financial Modeling Prep: 2025-05-19 06:28:00

India is becoming a key player in chip production, with global chipmakers like Infineon and NXP making commitments to local partnerships. The country’s lower tariffs and government incentives are attracting companies looking to diversify away from China due to trade tensions.

The government’s $2.7 billion incentive program for electronics components is aimed at reducing import dependency and boosting domestic semiconductor output. Major players like Apple and Foxconn are ramping up capacity in India, signaling a shift towards onshore assembly and testing.

Capital-equipment imports for semiconductor manufacturing in India have increased, and the country’s semiconductor sector is currently trading at a discount compared to global peers. Analysts see room for growth as local capacity expands and yields improve, pointing to a promising future for the industry.



Read more at Financial Modeling Prep:: India’s Semiconductor Manufacturing Momentum