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India Targets Domestic Smart Meter Chip Production by 2030 to Boost Self-Reliance
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CNBC TV18•24-09-2026, 14:37
India Targets Domestic Smart Meter Chip Production by 2030 to Boost Self-Reliance
- •India aims to design and manufacture smart meter chips domestically by 2030, reducing import dependence and strengthening self-reliance in the power sector.
- •Power Secretary Pankaj Agarwal stated the government is engaging with chip developers and smart meter manufacturers for commercial production after chip validation.
- •A Make in India requirement for smart metering chip design and fabrication has been introduced, with government procurement creating a market for domestic chips.
- •Agarwal emphasized expanding domestic capacity for critical power-sector equipment like circuit breakers and transformers, noting long waiting periods for these components.
- •He also called for investments in domestic grid security, expansion of SCADA systems, and changes in transmission planning to improve efficiency and develop 1,100 kV systems.
Key Questions Answered
India aims to design and manufacture smart meter chips domestically by 2030 to reduce import dependence and strengthen self-reliance in the power sector.
Smart meter chips currently cost between $8 and $10 apiece.
The government has introduced a Make in India requirement covering the design and fabrication of smart metering chips, while government procurement will create a market for these locally produced components.
