New Delhi, Sept 2 (UNI) Prime Minister Narendra Modi today inaugurated ‘SEMICON India 2025’, marking a major step in India’s ambition to emerge as a global semiconductor hub.
The PM said, ”The world believes in India and the world is ready to build the semiconductor future with India.’’
Addressing the gathering at Semicon India 2025, he noted that India is moving forward with determination in its journey of development, even as the global economy faces challenges.
Highlighting India’s strong performance, the Prime Minister said that with a GDP growth of 7.8 per cent and robust progress across sectors such as manufacturing, services, agriculture, and construction, the nation is firmly on track to become the world’s third-largest economy.
Underscoring the importance of the semiconductor sector, Modi described chips as the “digital diamonds” of the modern age.
He said that while the last century was shaped by oil, the 21st century is being defined by chips, which hold the potential to empower global progress.
With the global semiconductor market which is already at 600 billion US dollars, the Prime Minister said India is rapidly expanding its presence in the sector and is set to make a significant contribution to dominate the global market share in semiconductors.
Recalling the government’s initiatives, Modi said the Semicon India programme was launched in 2021. Since then, the country has approved its first semiconductor fabrication plan in 2023, followed by several more in 2024, and with additional approvals in 2025, a total of 10 projects have now been sanctioned.
These projects have boosted investments and India’s emergence as a semiconductor hub.
Reiterating his vision, the Prime Minister said India’s strength lies in innovation, talent, and scale, and the nation is committed to advancing with the motto of “Design in India, Made in India.”
The summit aims to bring together policymakers, global investors, and industry leaders to build a robust semiconductor ecosystem in India. Focus areas include chip design and manufacturing, advanced packaging, talent development, and AI-driven innovation.
SEMICON India 2025 is expected to attract billions of dollars in investment and strengthen India’s position in the global technology supply chain.
The three-day technology summit is being hosted by the India Semiconductor Mission (ISM) in partnership with global industry body SEMI.
