Indian government to pool fabless chip orders for foundry deals
Business
India is rolling out a new plan to help homegrown semiconductor firms score better deals with global chipmakers.
Starting August 23, 2026, the government will pool together orders from Indian fabless chip companies, hoping this collective approach gives them more leverage when negotiating with big international foundries.
Part of India's semiconductor growth strategy
This move is part of India's bigger push to grow its semiconductor industry: think more private investment, more innovation staying local, and a stronger spot in the global supply chain.