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India has launched a significant drive toward semiconductor manufacturing, with Prime Minister Narendra Modi highlighting the country’s potential at the Semicon India event. PM Modi emphasized that the nation now offers an integrated ecosystem tailored for chipmakers, making it an ideal destination for investment in the industry.
Investment and Growth in the Semiconductor Sector
During his speech, PM Modi revealed that India has already committed over ₹1.5 lakh crore in semiconductor manufacturing, and several projects are under development. With stable policies, ease of doing business, and a rapidly growing manufacturing base, India is positioning itself as a key player in the global semiconductor supply chain.
Building a Skilled Semiconductor Workforce
India is not only focusing on infrastructure but also on building the talent required for this critical sector. The Prime Minister announced plans to develop a semiconductor workforce comprising 85,000 technicians, engineers, and research professionals, ensuring the nation has the expertise to lead in this competitive field.
India’s Vision for a Chip in Every Device: Semiconductor Manufacturing
PM Modi shared his vision of seeing Indian-made chips in every device globally. With initiatives like the Critical Mineral Mission and plans to establish a semiconductor research center at the Indian Institute of Space Science, India is gearing up to play a major role in the global semiconductor market.
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