Semiconductor investments cross Rs 1.64 lakh cr: Can the boom drive growth beyond Gujarat?

India’s semiconductor investment programme spans six states, but nearly four-fifths of the Rs 1.64 lakh crore committed to approved projects is concentrated in Gujarat. The state’s Rs 1.29 lakh crore share underlines the challenge of turning a widening manufacturing footprint into broader regional growth.

Projects in Assam, Odisha, Andhra Pradesh, Punjab and Uttar Pradesh are adding different capabilities. Their wider economic benefits will depend on whether they attract local suppliers, develop skilled workers and draw further investment.