
India’s Position in the Chips Industry
by Shogo Hiruta, published on 27 July 2026
In February 2026, India joined the Pax Silica Declaration, a US-led supply-chain framework designed to secure mainly critical minerals and semiconductors (also known as chips). Prior to that, the Indian government established India Semiconductor Mission (ISM) in 2021 to strengthen the domestic semiconductor ecosystem by about 10 billion US dollars of subsidy. For years, India’s semiconductor ambition has attracted less attention than the equivalents in the USA, EU, Japan and South Korea. As American memory giant Micron Technology started its manufacturing in Gujarat in February 2026, India’s ambitions seem to finally start making progress with international and domestic supports.