India Plans Domestic Smart Meter Chips by Mid-2028

The government wants smart meters to use chips designed in India by the middle of 2028.

Smart meters help measure electricity use.

Officials are worried that foreign-made chips could create cybersecurity risks.

Indian companies are already designing and testing possible chips.

The government says it may also require some of the chips to be made in India.

These chips currently cost about $8 to $10 each.

Making them domestically might lower the cost of smart meters.

The government is also preparing a new electricity policy for changing power-grid needs.