Prime Minister Narendra Modi on Wednesday met leading global semiconductor CEOs during SEMICON India 2025 and reaffirmed that India is emerging as a global hub for innovation and manufacturing.
In a post on X, Modi said industry leaders have shown strong confidence in India’s potential, adding:
“Their confidence in India’s potential is evident, and they are betting big on India as a hub for semiconductor innovation and manufacturing. I spoke about India’s reform journey, focused on infrastructure, skilling, and innovation.”
The Prime Minister attended the second day of the fourth edition of SEMICON India 2025 at Yashobhoomi, where he emphasized that the world now trusts India to build the future of semiconductors.
Calling semiconductors the “digital diamonds” of the 21st century, Modi noted that while oil drove the previous century, chips will power the future of global progress. He highlighted that the $600 billion global semiconductor market is projected to surpass $1 trillion, with India positioned to secure a significant share.
Since the launch of the Semicon India programme in 2021, the country has cleared 10 major projects with investments exceeding $18 billion (₹1.5 lakh crore), including its first semiconductor plant approved in 2023 and five more projects cleared in 2025.
Modi stressed that speed is critical in this sector, pointing to reforms such as the National Single Window System for faster approvals and the creation of plug-and-play semiconductor parks offering land, power, connectivity and skilled manpower.
He added that India’s strong policy framework – from PLI incentives to Design Linked Grants – continues to attract global investors and reinforce India’s position as a trusted semiconductor hub.
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