ReferIndia News India can import capital, but not sovereignty; controlling silicon critical for future: ESSCI CEO

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India can import capital, but not sovereignty; controlling silicon critical for future: ESSCI CEO

Published on: July 15, 2026, 9:34 p.m. | Source: The Economic Times

India's shift towards semiconductor manufacturing represents a crucial strategy for asserting national autonomy. By fostering local chip production, the nation is laying the groundwork for a safe, self-sufficient future. The government has initiated substantial funding to bolster the semiconductor mission, targeting the attraction of considerable investments and the generation of numerous jobs. This effort emphasizes the importance of design, fabrication, and talent development in driving future advancements.

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