News Briefing In early September, the Indian government approved the establishment of a semiconductor packaging and testing factory by Kaynes Semicon in Sanand, Gujarat. The investment amounts to INR 33 billion, with an estimated daily output of 6 million units. The products will be widely used in industries such as automotive, electric vehicles, consumer electronics, telecommunications, and mobile phones. Impact analysis India's "Made in India" initiative, which initially focused on end-product assembly, has steadily progressed toward upstream semiconductor development. This shift largely began with the proposal of the "Semiconductor and Display Manufacturing Ecosystem Development Plan" in late 2021. Since then, various companies have submitted applications to set up factories. From Micron's first project in 2023 to the recent Kaynes Semicon, the Indian government has approved a total of one wafer plant and four packaging and testing plants to date, with most of them expected to begin mass production after 2025. In general, India, like other countries, has recognized the growing importance of semiconductors. Although India's supply chain lacks the completeness seen in countries like Japan and Malaysia, its strong development in downstream end-product assembly has become a key advantage in moving towards upstream components. With five investment projects approved in just over a year, India seems eager to catch up. At present, most of the approved projects are packaging and testing plants, which are closer to downstream operations. While it remains to be seen whether India has enough hardware talent and infrastructure to support future mass production, the government's proactive stance and its past success in promoting end-product development suggest that this ambitious move could significantly impact the industry. If all goes smoothly, the global landscape of the substrate industry could undergo some notable changes.