Is the Future Being Built in India? Industry Responds to PM Modi’s Chip Vision

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Is the Future Being Built in India? Industry Responds to PM Modi’s Chip Vision

Synopsis

As India gears up for the upcoming SEMICON India 2025 conference, industry leaders are optimistic about the semiconductor manufacturing sector. Prime Minister Modi's vision highlights the nation's commitment to becoming a global semiconductor powerhouse. Discover how this initiative promises to reshape India's technological landscape and boost economic growth.

Key Takeaways

  • India is advancing semiconductor manufacturing.
  • SEMICON India 2025 conference is crucial for the sector.
  • Made in India chips expected by 2025.
  • Government and industry collaboration is key to success.
  • India aims to be a global semiconductor leader.

New Delhi, Aug 15 (NationPress) Ashok Chandak, the President of IESA and SEMI India, emphasized on Friday that the momentum for semiconductor manufacturing is set to escalate with the forthcoming ‘SEMICON India 2025’ conference.

In response to Prime Minister Narendra Modi's Independence Day address, he stated that the future is being constructed in India.

The Prime Minister highlighted that the nation is advancing its semiconductor initiatives in mission mode. Currently, six distinct semiconductor units are being established, with approvals granted for four new facilities,” PM Modi noted.

He added that by the end of 2025, ‘Made in India’ chips will be available in the marketplace.

Chandak remarked, “From two decades of advocacy to today’s national focus, semiconductors have transitioned from mere industry aspirations to a fundamental element of India’s growth narrative and strategic relevance.”

“We commend the vision and dedication of the Government of India and State Governments, the India Semiconductor Mission, MietY, IESA and SEMI members, industry leaders, academia, start-ups, and every stakeholder who has tirelessly contributed to our progress,” he continued.

“The road ahead is even more promising — enhancing capabilities, fostering innovation, and positioning India as a reliable global semiconductor powerhouse. Anticipation will build during SEMICON India 2025, set for September 2-4, where global CxOs will shape technological advancements. The production of Made-in-India chips will commence this year with ten projects valued at $22 billion already in motion,” Chandak further elaborated.

“In our nation, discussions surrounding semiconductors began 50-60 years ago… However, the concept was stalled and ultimately shelved. The very idea of semiconductors was prematurely concluded. We lost several decades. In the interim, numerous countries excelled in semiconductor technology and solidified their global standing,” PM Modi stated, asserting that the country is now in a mission mode to reclaim its lost position.

aar/na

Point of View

The semiconductor sector is pivotal for India’s technological and economic future. With government backing and industry collaboration, the nation is poised to reclaim its position in the global semiconductor landscape, driving innovation and growth.
NationPress
19/08/2025

Frequently Asked Questions

What is SEMICON India 2025?
SEMICON India 2025 is a major conference focused on semiconductor manufacturing, aimed at showcasing India's advancements in this critical sector.
When will Made in India chips be available?
According to PM Modi, Made in India chips are expected to hit the market by the end of 2025.
Why are semiconductors important for India?
Semiconductors are essential for technological advancement and economic growth, making them a core pillar of India's future.
What has been the historical context of semiconductor development in India?
India's semiconductor initiatives began decades ago but faced significant delays. Now, the country is in a mission mode to accelerate development.
How many semiconductor units are currently being established in India?
Currently, six semiconductor units are being developed in India, with approvals for four additional units already granted.