The white paper emphasizes that semiconductors—vital for AI, 5G, and smart devices—are critical to India’s technological sovereignty, prompting the India Semiconductor Mission (ISM) to launch schemes for fabs, display fabs, and design-linked incentives. With the 2025 Union Budget doubling MeitY’s semiconductor funding to ₹2,500 crores and attracting ₹1.52 lakh crores in commitments, a January 15, 2025 Mumbai roundtable (hosted by the U.S. Consulate, Indo-American Chamber of Commerce, and Shardul Amarchand Mangaldas & Co.) convened government officials, industry leaders, and academicians to chart Maharashtra’s strategy. Key recommendations include expanding skilling centers via public-private partnerships, incentivizing financiers and start-ups, broadening subsidies across the value chain, accrediting specialized courses to international standards, strengthening temperature-controlled logistics and MIDC-backed clusters, forging bilateral technology-transfer and IP-acquisition frameworks, and establishing a Core Steering Committee to draft a phased roadmap for positioning Maharashtra as a premier semiconductor hub.

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