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.”

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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.