Last mentioned: Mar 1, 2026
Expected Operations
The India Chip Pvt Ltd facility is slated to begin production of display driver chips.
Micron Sanand Plant Inauguration
Ambassador Sergio Gor and PM Modi open the $2.75B facility in Gujarat.
Foundation Stone Laid
PM Narendra Modi virtually lays the foundation stone for the HCL-Foxconn semiconductor facility.
National Startup Day
Recent milestone cited by PM Modi as energizing India's tech revolution.
Trump-Modi Strategic Window
Period of expected deep cooperation in semiconductor supply chain resilience.
U.S.-India COMPACT Launched
PM Modi and President Trump meet in Washington to establish the framework for military and tech partnership.
U.S. Ambassador Sergio Gor has declared India's role in the global semiconductor supply chain as 'essential' to counter regional dominance in legacy chip production. The announcement coincided with the inauguration of Micron Technology’s $2.75 billion facility in Gujarat, a cornerstone of a broader $19 billion investment pipeline.
Prime Minister Narendra Modi has laid the foundation stone for India Chip Pvt Ltd, a 60:40 joint venture between HCL Group and Foxconn. Located in Greater Noida, the facility aims to produce display driver chips by 2028, marking a critical step in India's quest for semiconductor self-reliance.
Prime Minister Narendra Modi has laid the foundation stone for India Chip Pvt Ltd, a 60:40 joint venture between HCL Group and Foxconn. The facility, located in Greater Noida, will focus on display driver chips and is expected to be operational by 2028.
Indian fabless semiconductor startup Vervesemi has raised $10 million in a Series A funding round to accelerate the development of high-performance analog and mixed-signal ICs. The company, a key beneficiary of the government's Design Linked Incentive (DLI) scheme, aims to strengthen India's position in the global semiconductor value chain.