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By year-end, 'Made-in-India' semiconductor chips will hit the market: PM Narendra Modi - The Economic Times

Economic Times

Economic Times · 1m ago

By year-end, 'Made-in-India' semiconductor chips will hit the market: PM Narendra Modi - The Economic Times

Prime Minister Narendra Modi announced that India-made semiconductor chips will be available by 2025, promoting technological self-reliance. Emphasizing the nation's focus on semiconductors, AI, and clean energy, Modi highlighted six planned semiconductor units, with four already approved. This initiative aims to reduce import reliance and position India as a global chip manufacturing hub. The announcement aligns with the vision of a developed India by 2047, strengthening sectors like defense and digital infrastructure.

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India most promising destination for semiconductor manufacturing, PM tells CEOs - The Economic Times

Economic Times

Economic Times · 22d ago

India most promising destination for semiconductor manufacturing, PM tells CEOs - The Economic Times

Prime Minister Narendra Modi promoted India as a leading destination for semiconductor manufacturing and innovation during a roundtable with leading global executives. Emphasizing India’s potential, Modi highlighted the success of India's semiconductor initiatives, securing investments worth Rs 1.5 lakh crore. Discussions focused on India’s policy advancements and preparations for India Semiconductor Mission (ISM) 2.0. Industry leaders, government officials, and investors shared insights on India’s growing manufacturing capabilities and strategic position in the global semiconductor market.

PM Modi meets chip giants, says confidence in India's potential rising - The Economic Times

Economic Times

Economic Times · 22d ago

PM Modi meets chip giants, says confidence in India's potential rising - The Economic Times

Prime Minister Narendra Modi engaged with global semiconductor leaders at SEMICON India 2025, where industry executives from companies such as ASML and AMD expressed optimism about India becoming a major hub for semiconductor innovation and manufacturing. The event, held in the national capital, also witnessed significant deals, including Tata Electronics' partnerships. Modi highlighted India's reform efforts, infrastructure development, and emphasis on skills training and innovation in the semiconductor sector, enhancing confidence in India's potential.

SEMICON India 2024: 5 key takeaways from MP Modi's speech

Livemint

Livemint · 1y ago

SEMICON India 2024: 5 key takeaways from MP Modi's speech

The Indian Prime Minister, Narendra Modi, addressed SEMICON India 2024 and emphasized the importance of supply chain resilience. He highlighted India's investments in semiconductor manufacturing, with a goal to position India as a global hub. Modi also expressed a vision of having Indian-made chips in every electronic device worldwide. He noted the three factors driving India's semiconductor ambitions: a reformist government, a growing manufacturing base, and a tech-savvy market. Modi positioned India as an attractive destination for semiconductor investments, promising to support the country's journey toward becoming a semiconductor powerhouse.

PM Modi pitches India to chip makers, talks of supply chain resilience

YourStory

YourStory · 1y ago

PM Modi pitches India to chip makers, talks of supply chain resilience

Prime Minister Narendra Modi highlighted the importance of resilient supply chains and emphasized the need for investments in domestic semiconductor manufacturing during his speech at the SEMICON 2024 conference. With the Covid-19 pandemic exposing vulnerabilities in global supply chains, the Prime Minister stressed the need for India to develop a strong supply chain in various sectors. He expressed India's ambition to become a semiconductor powerhouse and strive to have an Indian-made chip in every device worldwide. Modi also mentioned the significant investments and projects already underway in semiconductor manufacturing, as well as the goal of boosting India's electronics sector to over $500 billion by the end of the decade.

India will play a major role in driving the global semiconductor industry: PM Modi

Economic Times

Economic Times · 1y ago

India will play a major role in driving the global semiconductor industry: PM Modi

Indian Prime Minister Narendra Modi emphasized India's role in driving the global semiconductor industry and creating a resilient global supply chain during his speech at the Semicon India industry conference. He highlighted India's partnerships with countries like the US, Japan, and Singapore in the semiconductor sector. Modi stated that India aims to expand its $150 billion electronics sector to over $500 billion by the end of the decade, creating millions of jobs. He emphasized India's talent pool, research investments, growing data center demand, and commitment to green transition in becoming a semiconductor powerhouse.

India Will Support Semiconductor Industry At Every Step: PM Modi

Inc42 · 1y ago

India Will Support Semiconductor Industry At Every Step: PM Modi

Prime Minister Narendra Modi, while chairing a roundtable with semiconductor executives, emphasized the Indian government's commitment to a predictable and stable policy regime. He highlighted that reducing compliance burden and attracting investment are the key principles of the Centre's semiconductor policy. The Indian semiconductor ecosystem is expected to reach a market size of $150 billion by 2030, reflecting the growing significance of the sector.

PM Modi showcases India’s tech prowess during US visit: key takeaways

Economic Times

Economic Times · 1y ago

PM Modi showcases India’s tech prowess during US visit: key takeaways

Indian Prime Minister Narendra Modi recently visited the US to highlight India's growth potential in the technology sector. During his visit, Modi met with Silicon Valley CEOs and government officials to attract investment in India's startup and semiconductor industries. The prime minister emphasized India's innovation-friendly policies and burgeoning market opportunities, which caught the attention and interest of the CEOs. Modi also addressed the Indian American community, discussing India's digital infrastructure and initiatives for domestic semiconductor production. Notable CEOs like Jensen Huang from Nvidia and Sundar Pichai from Google expressed their support and willingness to partner with India in fields like AI and manufacturing.

'Tata's Gujarat semi-conductor unit to create 50,000 jobs': Chandrasekaran to PM Modi from Dholera

Economic Times

Economic Times · 1y ago

'Tata's Gujarat semi-conductor unit to create 50,000 jobs': Chandrasekaran to PM Modi from Dholera

Prime Minister Narendra Modi has taken a significant step towards advancing India's semiconductor industry by virtually laying the foundation of three semiconductor fabrication facilities. The facilities are set to be established in Gujarat and Assam, with two in Gujarat and one in Assam. This move is expected to boost India's pursuit of becoming self-reliant in the semiconductor sector.

Govt commits 97% of funds earmarked for chip manufacturing - The Economic Times

Economic Times

Economic Times · 1m ago

Govt commits 97% of funds earmarked for chip manufacturing - The Economic Times

The Indian government has committed 97% of the Rs 65,000 crore fund for semiconductor production as incentives. With Rs 62,900 crore already allocated, only small projects can be accommodated with the remaining funds. The upcoming Semicon India 2025 event, held from September 2-4 in Delhi and inaugurated by Prime Minister Narendra Modi, will see participation from delegates of 33 countries and top executives from global semiconductor companies.

PM Modi visits semiconductor plant with Japan's Ishiba, reaffirms Indo-Japan tech partnership

Economic Times

Economic Times · 27d ago

PM Modi visits semiconductor plant with Japan's Ishiba, reaffirms Indo-Japan tech partnership

Prime Minister Narendra Modi visited a semiconductor plant in Japan's Miyagi prefecture alongside Japanese Prime Minister Shigeru Ishiba, emphasizing India-Japan cooperation in the technology sector. The visit to the Tokyo Electron Factory aimed to enhance collaboration in semiconductor manufacturing, aligning with India’s ambitions in the field. Both leaders underscored the complementarity between India’s growing semiconductor ecosystem and Japan’s advanced technology, promoting initiatives in AI and semiconductors as part of wider economic and technological collaboration.

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