Make Bharat a major player in semiconductor and chip manufacturing

India’s semiconductor ecosystem has moved from project approvals into commercial production since the 2024 election. Under the India Semiconductor Mission, twelve manufacturing projects spanning silicon fabrication, compound semiconductors, display technologies and advanced packaging have been approved, with cumulative investment commitments exceeding ₹1.64 lakh crore. Approved investment is not the same as realised expenditure or operating capacity. By September 2026, the government reported five operational commercial semiconductor units: Micron, Kaynes, CG Semi, CDIL Semiconductor and Suchi Semicon. The 17 September record identifies these as ATMP units, including discrete-device production at CDIL and packaging at Suchi. This establishes commercial activity, but does not establish that the planned large silicon wafer fabs have entered production; the Tata-PSMC Dholera fab remained under construction. The policy framework expanded through Semicon 2.0, approved in July 2026 with a ₹1,27,500-crore programme outlay covering design, equipment and materials, fabs, advanced packaging, R&D and talent. Official records also report 24 supported chip-design projects and more than 300 chip designs developed across participating organisations; these counts do not mean every design is commercially deployed. Union Budget 2026-27 provides ₹8,000 crore for the existing Modified Programme for Development of Semiconductors and Display Manufacturing Ecosystem and ₹1,000 crore for ISM 2.0: ₹9,000 crore across these two directly relevant annual budget heads. This annual allocation is separate from the multi-year Semicon 2.0 programme outlay. On 5 October 2026, TDB-DST signed an agreement for ₹130 crore of RDI support toward BigEndian’s ₹260-crore Project VeerAI, which aims to advance an indigenous AI Vision System-on-Chip from TRL-5 to TRL-9. This is support for development and commercialisation, not proof that the finished chip has already reached the market. These developments demonstrate sustained implementation and measurable progress in semiconductor design and manufacturing. However, the manifesto sets no numerical threshold for becoming one of the global majors, and the evidence does not establish that this broader global position has already been achieved. The commitment is assessed as On Track.