NEW DELHI, INDIA -- The US isn't the only nation placing intense emphasis on its boosting domestic semiconductor industry.

India's primary electronics association said the country must immediately start investing in semiconductor manufacturing if it plans to become a hub for electronics.

Electronic Industries Association of India director general Rajoo Goel calls electronics manufacturing "critical to Atmanirbhar (self-reliant) India." He pinpointed semiconductors and displays as critical components in ensuring the domestic industry is competitive with China and other regions.

"Electronics is at the heart of most existing and emerging technologies and are widely recognized as a meta-resource. Electronic components are the building blocks of electronic equipment and contain the essence of electronics technology. India has lagged behind in manufacturing of components, especially the high-end PCBs, chip components, and semiconductors. Key electronics today requires these components based on cutting edge semiconductor technology to manufacture power electronics, memory devices, sensors, and displays which contribute the lion's share of electronic products," he said.

ELCINA was founded in 1967 and represents companies across a variety of sectors in electronics manufacturing.