New Delhi, July 4 -- India is moving beyond its long-standing role as a global chip design hub and beginning to build domestic semiconductor manufacturing capabilities, as the artificial intelligence (AI) boom and a global reordering of semiconductor supply chains create new opportunities for the country, according to an Equirus Securities thematic report.

The report said India, which has spent decades designing chips for global companies while importing almost every chip it consumed, is now entering "the next chapter" by building capabilities across fabrication, packaging and testing.

"For two decades India's place in semiconductors has been defined by design... This note is about the next chapter, the move from design talent toward fu...