India must fast-track chip self-reliance as import bill and security risks mount, says NITI Aayog
Published on: May 30, 2026, 9:52 a.m. | Source: The Economic Times
India must speed up its domestic chip manufacturing efforts. Self-reliance in semiconductors is crucial for the nation's economy and security. Global supply chains are shifting, creating a limited opportunity for India to become a key player. Developing this sector will lower costs for advanced technologies and safeguard defense programs. This is vital for India's progress.
