AI demand presents a golden opportunity for India to crack the $400 bn chip equipment supply chain
· Source: indiatimes.com
In short
The Indian finance minister announced the launch of ISM 2.0 to boost domestic semiconductor equipment, chemicals, and gases market, projected to reach $400 billion by 2030. The rising global demand for AI-related semiconductor hardware creates a strategic opportunity for India to build an ecosystem by incentivizing global OEMs to source from Indian MSMEs and establishing domestic champions. Experts highlight India's potential to capture around 10% of the global market by 2032, focusing on scalable, exportable low to mid complexity segments such as vacuum systems, automation, and advanced packaging equipment.
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In the issue of week 6, 2026: Agentic AI and Robotics Propel Supply Chains to New Efficiency Heights
Tags: semiconductors, equipment, AI, supply chain, India, chip