Prime Minister Narendra Modi outlined the $13.5 billion next phase of India’s chip push as the government expands support across semiconductor design, manufacturing, equipment and materials.
India outsourcing is moving toward higher-value services as AI automates routine work, even as software and business-services exports continue to expand.
Goldman Sachs has identified a $670 billion India AI trade comprising 42 listed companies across power, data centers and semiconductors that have gained about 60% in 2026.
