India to produce 3nm chips by 2032: Ashwani Vaishnaw

Union Minister Ashwini Vaishnaw has stated that the Indian goverment is now aiming to produce 3nm semiconductor chips in India by 2032.

Vaishnaw said: “The target by 2032 is to reach 3-nanometre chip manufacturing and design. Design, of course, we are doing even today. But, in manufacturing, we should reach 3-nanometre.” 

He said the government will focus on six categories of chips under the second phase of the Design-Linked Incentive (DLI) scheme. These areas include: compute, radio frequency (RF), networking, power, sensor, and memory chips. The initiative is designed to enable companies in India to gain major control over developing 70-75%of technology products. He added, "We will encourage academia and industry to come up with new ideas, new thoughts, and new solutions in these six major categories.”

One hopes that India's dreams do come true! Perhaps, it is best that India first focuses on meeting all of their current requirements at 28nm, rather than thinking and talking about 3nm right now. Six years is indeed, a very long time in semiconductors!

Global semiconductor industry grew 22% in 2025
Global semiconductor industry has been rapidly expanding. Excess capacity had plagued the industry throughout 2025. The global semiconductor industry grew 22% in 2025, to $769.217. 

We had an unprecedented strong Q3 growth in 2025 that added six points to the final number. Discretes, opto, and analog markets started to show early signs of recovery. China's potential to flood the world with mature node technology did not materialize. There was no Q4 seasonal slowdown with AI-demand driven. Red flags were that 2025 growth rate was IC ASP-driven. Unit growth has yet to recover.

As per Future Horizons' CEO, Malcolm Penn, semiconductor 8.0 has shown relentless creative destruction. Four Asian, and six US companies made up the top 10 companies in 2025. TSMC, Nvidia, Samsung, SK Hynix, and Broadcom made up the top five. The bottom five were Intel, Micron, Qualcomm, AMD, and MediaTek. There is a natural and efficient way for companies and economies to evolve and grow.