New Delhi, March 12 -- India's semiconductor ecosystem is expected to achieve a production capacity of 75-80 million chips per day as several newly announced semiconductor plants begin operations by the end of this year or early next year, according to Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA) and SEMI India.

Speaking to ANI, Chandak said that once all the announced semiconductor facilities become operational, India will see a significant boost in chip assembly and testing capacity.

"So, totally all these companies put together, those who have announced the plants, in production by the end of the year, maybe early next year, depending on the schedule, we are looking at 75 to 80 million chips ...