Virendra Pandit
New Delhi: Prime Minister Narendra Modi on Tuesday emphasized that although India started late in the field of semiconductors but nothing can stop it now.
Addressing the inaugural session at Semicon India 2025, he expressed confidence that India is fast emerging from a back-end to a full-stack semiconductor nation, which will drive next-generation reforms in the country.
He said an investment of USD 18 billion (more than Rs. 1.5 lakh crore) is being made in 10 semiconductor projects in India as it enters the next phase of cutting-edge technology.
“The pilot plant of CG Power started on August 28 and that of Kaynes is also about to start. Test chips of Micron and Tata are already being produced. Commercial chips will also be produced this year. This shows how fast India is progressing in the semiconductor sector.”
PM Modi noted that the global market for semiconductors will soon reach USD 600 billion and cross the USD 1 trillion mark in the next few years. India will have a significant share in this market.
“We have experts related to semiconductors from all over the world. More than 40-50 countries have their representation here, and the innovation and youth power of India is also visible here. This combination has one message—that the world trusts India, and is ready to build the semiconductor future with India.”
The PM also highlighted that the success story of semiconductors in India is not limited to any one vertical or any one technology. The country is creating a complete ecosystem where designing, manufacturing, packaging and high-tech devices, everything, are all available in India.
“Speed matters in semiconductors. The lesser the time from file to factory, the lesser the paperwork, the sooner the wafer work can start. Our government is working with this approach. We have implemented the National Single Window System. Through this, all the approvals from the Centre and the states are being received on a single platform. This has freed our investors from a lot of paperwork. Today, semiconductor parks are being built across the country on a plug-and-play infrastructure model.”
India’s Semiconductor Mission is also not limited to just one fab or one chip manufacturing. The government is creating a semiconductor ecosystem that makes India self-reliant and globally competitive. he said, adding that be it PLI incentives or DLI grants, India is offering end-to-end capabilities.
“Our government also sees a very important role for start-ups and MSMEs in the growth of the semiconductor sector. Today, India contributes 20 percent of the world’s semiconductor design talent. The youth in India is the largest human capital factory of the semiconductor industry. I would like to tell my young entrepreneurs, innovators and start-ups to come forward. The government is walking shoulder to shoulder with you…The government is also going to revamp the DLI Incentive Scheme. Our effort is to develop Indian Intellectual Property (IP) in this sector,” PM Modi added.