New Delhi, May 30 -- India must accelerate efforts to build a domestic semiconductor ecosystem, with self-reliance in chips emerging as central to economic resilience, national security and societal upliftment, according to a new report by NITI Aayog.

While government initiatives like the India Semiconductor Mission are driving transformation and the country's first fabrication plant in Gujarat's Dholera is expected to commence production by 2028, the report warns that India's semiconductor manufacturing remains nascent and the window to act is narrowing as global supply chains realign.

"With chips becoming the foundation of everything from smartphones to defence systems, countries are racing globally to build semiconductor self-suffici...