India working on semiconductor mission: Prime Minister

PM outlines a comprehensive plan for enhancing domestic production capabilities, fostering innovation, and leveraging India’s vast talent pool to provide end-to-end solutions for the semiconductor industry.

In a landmark address from the Red Fort on India’s 78th Independence Day, Prime Minister Narendra Modi articulated a visionary plan for the country’s future, focusing on establishing India as a global powerhouse in semiconductor production. Modi’s speech highlighted the significant strides India has made in the tech sector, particularly noting the country’s transition from being a mobile phone importer to a major manufacturing hub with increasing global exports.

Modi emphasised that the rise of semiconductor technology and artificial intelligence is crucial to India’s future growth. He introduced the Indian Semiconductor Mission, a strategic initiative aimed at positioning India at the forefront of global semiconductor production. “There was a time when we used to import mobile phones,” Modi remarked. “Today, we have built a robust manufacturing ecosystem, and India has emerged as a significant player in the global market.”

The Prime Minister’s vision includes the ambitious goal of integrating ‘Made in India’ chips into every piece of equipment, reinforcing India’s potential to fulfil this dream. He outlined a comprehensive plan for enhancing domestic production capabilities, fostering innovation, and leveraging India’s vast talent pool to provide end-to-end solutions for the semiconductor industry.

Modi’s address underscored the country’s commitment to achieving the target of Viksit Bharat (Developed India) by 2047, with the semiconductor sector poised to play a pivotal role in this transformation. The speech served as a rallying call for national pride and collective effort towards advancing India’s technological and industrial capabilities on the global stage.