The next war starts in a supply chain.
Chips, minerals, oil, food, medicines, data and the supply chains.
Where India is still exposed.
- 88% Crude oil imported: Apr–Sep 2026.
- 9.5 days Strategic oil reserve: 74 days counting company stocks.
- ~85% Rare-earth magnets from China: Chinese curbs suspended only until 10 Nov 2026.
- 12 units Approved chip projects: ₹1.64 lakh crore, plus ₹1.275 lakh crore for ISM 2.0.
Sources: PPAC via ThePrint; PRS; BCG–ACMA; PIB.
What is being built to close the gaps.
- Semiconductors
- Twelve approved units including the Tata–PSMC fab at Dholera. Micron’s Sanand plant opened 28 Feb 2026. Chips shipped so far are packaged in India from wafers made abroad. PIB, Feb 2026 · PIB, 15 Jul 2026 · Micron, 28 Feb 2026
- Critical minerals
- National Critical Mineral Mission: ₹34,300 crore over seven years. A ₹7,280 crore scheme for 6,000 tonnes a year of rare-earth magnets. Lithium blocks in Argentina through KABIL. Tribune · BCG–ACMA via Autocar Pro, 2 Sep 2026
- Oil
- The 2026 Hormuz crisis cut Gulf traffic by over 90% and pushed India’s crude basket to $113.57. The reserve holds 5.33 million tonnes; two more sites are approved. PRS, 4 Feb 2026 · IMPRI, 10 Aug 2026
- Food
- 870 lakh tonnes of grain in the central pool on 1 Sep 2026, 2.8 times the norm. Free grain for 81.35 crore people until 2028. Business Today, 8 Oct 2026
- Electronics
- ₹13.11 lakh crore produced in 2025-26. 99.2% of phones used in India are made here. About a quarter of the world’s iPhones were made in India in 2025. IANS, 29 Jul 2026
- Cyber and data
- CERT-In handled 29.44 lakh incidents in 2025. Data protection rules notified Nov 2025, in force by May 2027. Deepfakes must be labelled since Feb 2026. IANS, 23 Jan 2026 · PIB, Nov 2025
- Investment screening
- Press Note 3 (2020) put investment from land neighbours under approval. Eased in Mar 2026 for small non-controlling stakes. Tribune