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At Semicon India 2025 held recently, the Prime Minister declared, “when the chips are down, you can bet on India”.  The event showcased the country’s first indigenous microprocessor, Vikram, developed by ISRO’s Semiconductor Lab, and announced that commercial chip production will begin by the end of 2025. India aims to become a global player in semiconductor production, and build self-reliance in a world where global supply chains are shifting rapidly. 

Why Semiconductors Matter

Semiconductors power almost everything around us, from laptops and air conditioners to cars and even the tiniest gadget we hardly notice . They’ve rightly been called the “oil of the digital age” because our entire digital world depends on them. But the global supply chain for chips is heavily concentrated. Taiwan alone makes over 60% of the world’s semiconductors and nearly 90% of the most advanced ones. Rising tensions between China and Taiwan have only shown how fragile and risky this dependence can be for the rest of the world. For India, building its own semiconductor base is not just about technology, it is about economic security and reduced dependence on imports.

India’s Push: The Numbers and Projects

The government has committed nearly US$18 billion across 10 projects, making it one of the country’s largest industrial bets in decades. Under the Production Linked Incentive (PLI) scheme, ₹76,000 crore (about US$9.1 billion) was set aside, of which most has already been allocated.

Key developments include:

• Vikram processor – developed at ISRO’s Semiconductor Lab, fabricated on 180nm technology.
• CG Power facility in Sanand, Gujarat – launched in 2024, scaling chip assembly and testing.
• Micron’s investment – ₹22,500+ crore in Gujarat for packaging and testing.
• Tata Electronics–PSMC partnership – ₹91,000 crore tie-up with Taiwan’s Powerchip for fabs.

The domestic market, valued at US$38 billion in 2023, is expected to touch US$100–110 billion by 2030 if growth sustains.

The Technology Gap

While the Vikram chip, a 32 bit microprocessor, is a proud milestone, it highlights the technology gap  India faces. The chip was fabricated using a 180nm CMOS process, a process that was cutting-edge back in the early 2000s. Today, companies like TSMC and Samsung are already producing 3nm chips for smartphones and AI servers, whereas those like Nvidia and Apple have developed chips 2ith 64-bit processing capabilities.

This means India's main focus, to become self-reliant in the mature end of the spectrum useful for space, defense, and automotives and electronics, is far from the global cutting edge. Bridging this gap will require both time and deep technical expertise.

Talent and Design Strengths

On the positive side, India already contributes around 20% of global semiconductor design talent. Two advanced design centers—one in Noida and another in Bengaluru—are working on 3nm designs. The government’s Design Linked Incentive scheme has cleared 20+ projects to nurture startups in chip design.

Over 60,000 engineers have been trained under various programs, but scaling this to the hundreds of thousands needed for fabs remains a challenge. Unlike software development, semiconductor fabrication demands highly specialised skills in process engineering, yield optimization, and supply chain logistics.

Lessons from Global Players

Countries like Taiwan, South Korea, and the US didn’t build their chip industries overnight. Taiwan’s TSMC spent decades and billions of dollars mastering yield rates and building trust with clients. The US recently passed the CHIPS and Science Act to revive domestic production, while the EU has its own Chips Act. Japan, too, has pledged billions, including ¥10 trillion in cooperation with India.

These examples show that success depends not just on funding , but also on harmony between government and private players, consistent execution, ecosystem building, and global partnerships.

The Challenges Ahead

India’s ambitions face several hurdles:

• Capital intensity – A single leading-edge fab costs US$10–20 billion, and requires constant upgrades.
• Supply chain complexity – Hundreds of chemicals, gases, and precision tools are needed, many of which India doesn’t yet produce domestically.
• Technology transfer – Advanced lithography machines (from ASML in the Netherlands, for example) are tightly controlled and not easily available.
• Execution risks – Moving from announcements to commercially viable fabs with competitive yields is where many countries have stumbled.

The Way Forward

India has big ambitions in the field of semi-conductor design and manufacturing, with the goal of becoming a major  global exporter instead of importer. The country appears to be adopting a step-by-step approach, starting with assembly, testing, and mature-node fabs, while simultaneously investing in design, research, and talent. Every successful global power in this industry first mastered older nodes before advancing to cutting-edge levels.

At the same time, international collaborations with players like Micron, Tata-PSMC, and Japan will be critical for technology transfer and capacity building. If India can combine its engineering talent, rising domestic demand, and government backing with the PLI scheme, and drive global collaborations, the outlook can be promising. 

Conclusion

India’s semiconductor story is just beginning, but the direction is clear. The Vikram processor and investment announcement at Semicon 2025 shows the intent of the government. The hard part now lies ahead: moving from prototypes to large-scale production and globally competitive fabs in an industry that demands substantial investment, flawless execution, and years of patience.

Yet the stakes couldn’t be higher. Semiconductors will shape the future of economies and national security . If India plays its cards right by nurturing talent, innovating and researching, and driving global partnerships,  the dream of becoming a global semiconductor hub may well move from ambition to reality.

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References 

• https://www.ndtv.com/india-news/when-chips-are-down-bet-on-india-pm-narendra-modis-big-semiconductor-push-6539317 
• https://www.indiatoday.in/science/story/what-is-vikram-32-bit-chip-presented-to-pm-modi-at-semicon-india-2025-2780582-2025-09-02#
• https://www.visionofhumanity.org/the-worlds-dependency-on-taiwans-semiconductor-industry-is-increasing/ 
• https://m.economictimes.com/tech/artificial-intelligence/tata-electronics-and-powerchip-semiconductor-manufacturing-corporation-to-build-indias-first-semiconductor-fab/articleshow/113694273.cms 
• https://www.business-standard.com/economy/news/10-trillion-yen-in-10-years-japan-pledges-big-investment-in-india-125082901564_1.html 
• https://www.oecd.org/content/dam/oecd/en/publications/reports/2023/06/vulnerabilities-in-the-semiconductor-supply-chain_f4de7491/6bed616f-en.pdf 
• https://techwireasia.com/2025/09/semiconductor-india-commercial-production-2025/ 

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Introduction

According to the Finance Ministry's data, the incidence of domestic Unified Payment Interface (UPI) fraud rose by 85% in FY 2023-24 compared to FY 2022-23. Further, as of September of FY 2024-25, 6.32 lakh fraud cases had been already reported, amounting to Rs 485 crore. The data was shared on 25th November 2024, by the Finance Ministry in response to a question in Lok Sabha’s winter session about the fraud in UPI transactions during the past three fiscal years.

Statistics

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UPI Frauds and Government's Countermeasures 

On the query as to measures taken by the government for safe and secure UPI transactions and prevention of fraud in the transactions, the ministry has highlighted the measures as follows: 

• The Reserve Bank of India (RBI) has launched the Central Payment Fraud Information Registry (CPFIR), a web-based tool for reporting payment-related frauds, operational since March 2020, and it requires requiring all Regulated Entities (RE) to report payment-related frauds to the said CPFIR.

• The Government, RBI, and National Payments Corporation of India (NPCI) have implemented various measures to prevent payment-related frauds, including UPI transaction frauds. These include device binding, two-factor authentication through PIN, daily transaction limits, and limits on use cases.
• Further, NPCI offers a fraud monitoring solution for banks, enabling them to alert and decline transactions using AI/ML models. RBI and banks are also promoting awareness through SMS, radio, and publicity on 'cyber-crime prevention'.
• The Ministry of Home Affairs has launched a National Cybercrime Reporting Portal (NCRP) (www.cybercrime.gov.in) and a National Cybercrime Helpline Number 1930 to help citizens report cyber incidents, including financial fraud. Customers can also report fraud on the official websites of their bank or bank branches.
• The Department of Telecommunications has introduced the Digital Intelligence Platform (DIP) and 'Chakshu' facility on the Sanchar Saathi portal, enabling citizens to report suspected fraud messages via call, SMS, or WhatsApp.

Conclusion  

UPI is India's most popular digital payment method.  As of June 2024, there are around 350 million active users of the UPI in India. The Indian Cyber Crime Coordination Centre (I4C) report indicates that ‘Online Financial Fraud’, a cyber crime category under NCRP, is the most prevalent among others. The rise of financial fraud, particularly UPI fraud is cause for alarm, the scammers use sophisticated strategies to deceive victims. It is high time for netizens to exercise caution and care with their personal and financial information, stay aware of common tactics used by fraudsters, and adhere to best security practices for secure transactions and the safe use of UPI services.

References

• https://sansad.in/getFile/loksabhaquestions/annex/183/AU211_sk53e3.pdf?source=pqals

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Introduction

As the 2024 Diwali festive season approaches, netizens eagerly embrace the spirit of celebration with online shopping, gifting, and searching for the best festive deals on online platforms. Historical web data from India shows that netizens' online activity spikes at this time as people shop online to upgrade their homes, buy unique presents for loved ones and look for services and products to make their celebrations more joyful.

However, with the increase in online transactions and digital interactions, cybercriminals take advantage of the festive rush by enticing users with fake schemes, fake coupons offering freebies, fake offers of discounted jewellery, counterfeit product sales, festival lotteries, fake lucky draws and charity appeals, malicious websites and more. Cybercrimes, especially phishing attempts, also spike in proportion to user activity and shopping trends at this time.

Hence, it becomes important for all netizens to stay alert, making sure their personal information and financial data is protected and ensure that they exercise due care and caution before clicking on any suspicious links or offers. Additionally, brands and platforms also must make strong cybersecurity a top priority to safeguard their customers and build trust.

Diwali Season and Phishing Attempts 

Last year's report from CloudSEK's research team noted an uptick in cyber threats during the Diwali period, where cybercriminals leveraged the festive mood to launch phishing, betting and crypto scams. The report revealed that phishing attempts target the e-commerce industries and seek to damage the image of reputable brands. An astounding 828 distinct domains devoted to phishing activities were found in the Facebook Ads Library by CloudSEK's investigators. The report also highlighted the use of typosquatting techniques to create phony-but-plausible domains that trick users into believing they are legitimate websites, by exploiting common typing errors or misspellings of popular domain names. As fraudsters are increasingly misusing AI and deepfake technologies to their advantage, we expect even more of these dangers to surface this year over the festive season.

CyberPeace Advisory

It is important that netizens exercise caution, especially during the festive period and follow cyber safety practices to avoid cybercrimes and phishing attempts. Some of the cyber hygiene best practices suggested by CyberPeace are as follows:

• Netizens must verify the sender’s email, address, and domain with the official site for the brand/ entity the sender claims to be affiliated with. 
• Netizens must avoid clicking links received through email, messages or shared on social media and consider visiting the official website directly. 
• Beware of urgent, time-sensitive offers pressuring immediate action. 
• Spot phishing signs like spelling errors and suspicious URLs to avoid typosquatting tactics used by cybercriminals.
• Netizens must enable two-factor authentication (2FA) for an additional layer of security.
• Have authenticated antivirus software and malware detection software installed on your devices. 
• Be wary of unsolicited festive deals, gifts and offers. 
• Stay informed on common tactics used by cybercriminals to launch phishing attacks and recognise the red flags of any phishing attempts.
• To report cybercrimes, file a complaint at cybercrime.gov.in or helpline number 1930. You can also seek assistance from the CyberPeace helpline at +91 9570000066.

References

1. https://www.outlookmoney.com/plan/financial-plan/this-diwali-beware-of-these-financial-scams
2. https://www.businesstoday.in/technology/news/story/diwali-and-pooja-domains-being-exploited-by-online-scams-see-tips-to-help-you-stay-safe-405323-2023-11-10
3. https://www.abplive.com/states/bihar/bihar-crime-news-15-cyber-fraud-arrested-in-nawada-before-diwali-2024-ann-2805088
4. https://economictimes.indiatimes.com/tech/technology/phishing-you-a-happy-diwali-ai-advancements-pave-way-for-cybercriminals/articleshow/113966675.cms?from=mdr

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