Semicon India Programme is being implemented as a core pillar of the Atmanirbhar Bharat and ‘Make in India, Make for the World’ strategy, with the government seeking to build an end‑to‑end semiconductor ecosystem from chip design to manufacturing and packaging. Alongside this, India’s IT sector continues to expand steadily, with total revenue for 2024‑25 estimated at USD 283 billion on the back of both export and domestic growth.
Semicon India Programme Scales from Vision to Execution
The Semicon India Programme, launched with an outlay of ₹76,000 crore, has now approved 10 semiconductor and display projects with proposed investments of about ₹1.6 lakh crore, including two fabs and eight assembly, testing, and packaging units covering CMOS, silicon carbide and advanced memory packaging. Four of these units have already begun pilot production, signalling that the initiative is moving beyond approvals into on‑ground execution.
The programme also supports upstream design capacity—24 chip design projects have been backed through startups, of which 16 have completed tape‑outs and 13 have attracted venture capital, while 350 universities have received access to EDA tools now used by around 65,000 engineers. The India Semiconductor Mission (ISM) acts as the nodal agency for project appraisal and recommendations, with inputs from semiconductor experts and key ministries to ensure technical rigour and policy alignment.
IT Services Revenue Crosses USD 280 Billion Mark
In parallel, the government notes that the IT sector is being actively promoted beyond traditional metros, with particular focus on smaller towns and emerging hubs. According to NASSCOM data cited in the note, India’s IT‑BPM industry revenue has risen from USD 196 billion in 2020‑21 to an estimated USD 283 billion in 2024‑25, driven primarily by exports but with a steady increase in domestic spending as well.
Export revenues are projected to rise from USD 152 billion in 2020‑21 to USD 224.4 billion in 2024‑25, while the domestic market expands from USD 45 billion to USD 58.2 billion over the same period, underscoring a broad‑based demand environment. Foreign direct investment data for “Computer Software and Hardware” and IT services is published by DPIIT on a regular basis, and investments under the India Semiconductor Mission are publicly disclosed through the Press Information Bureau, reinforcing transparency around sectoral capital flows.
