Boosting India’s Semiconductor Manufacturing Ecosystem for Sustainable Growth

India is aiming to become a global leader in semiconductor manufacturing, with a goal of capturing at least 10% of the global market by 2030. To achieve this, the Indian government has launched the India Semiconductor Mission (ISM) with a budget of over $10 billion to support semiconductor manufacturing, display fabs, and compound semiconductors. To ensure sustainable growth, India is focusing on reducing energy consumption, water usage, and waste in semiconductor manufacturing. Energy-efficient technologies and renewable energy are being integrated into fabs, and water conservation and recycling measures are being adopted. Additionally, the government is promoting circular economy practices, including the recycling of semiconductor components and e-waste, and has launched initiatives such as the National E-Waste Management Policy. The focus on sustainability is expected to create jobs in the recycling and waste management sectors. Overall, India’s commitment to sustainable semiconductor manufacturing is seen as a strategic imperative for achieving technological self-reliance, economic growth, and environmental sustainability.