Current state and future of the semiconductor industry in IndiaGovernment initiatives and policiesNational Policy on ElectronicsIndia Semiconductor MissionScheme for setting up Semiconductor Fabs: Offers financial assistance to establish semiconductor wafer fabrication facilities. Scheme for Compound Semiconductors/Silicon Photonics/Sensors Fab and Semiconductor Assembly, Testing, Marking, and Packaging (ATMP)/OSAT facilities: This scheme supports establishing various semiconductor facilities. This growth in demand has led us to consider whether India can truly establish itself as a semiconductor hub Here is a list of the top semiconductor stocks in India based on their market capitalisation, with data sourced from NSE India and BSE India as of June 20, 2024.The most common semiconductor materials are silicon, germanium, and gallium arsenide. This shortage, expected until early 2024, highlights the need for countries to strengthen domestic semiconductor manufacturing. Similarly, Taiwan's Powerchip Semiconductor Manufacturing Corp (PSMC) has partnered with Tata Electronics to set up a semiconductor fab in Gujarat's Dholera.

Source: Forbes June 20, 2024 10:59 UTC