To diversify global semiconductor supply chains, the Indian government has taken several measures. Some of the significant steps are:

• Initiating the 'National Policy on Electronics' aimed at achieving a turnover of USD 400 billion in the electronics sector, including semiconductor manufacturing, by 2025.
• Establishing a Special Incentive Package Scheme (SIPS) to attract foreign semiconductor companies to invest in India.
• Launching the 'Production Linked Incentive (PLI) Scheme' offering incentives worth INR 50 billion for semiconductor manufacturing units to shift to India.
• Setting up 'National Programme on High-Efficiency Power Electronics' to address the demand for power semiconductors.
• Establishing Indian National Space Promotion and Authorization Centre (IN-SPACe) to encourage private investments in the space industry, including semiconductor manufacturing.
• Collaborating with Japan to establish 'India-Japan Semiconductor Design and Manufacturing Innovation Centre' to boost semiconductor design and manufacturing in India.

These steps aim to diversify the global semiconductor supply chains, reduce dependence on a few countries, and increase India's self-reliance in this critical sector.