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Modi Pitches India as Trusted Hub for Semiconductor Manufacturing
Prime Minister Narendra Modi said India wants to become a trusted place for making computer chips.
He said the country has moved into the second stage of its semiconductor program.
Twelve chip projects have been approved, and three have started commercial production.
The next program will support factories, equipment, materials, chip design, research and worker training.
Companies such as Applied Materials and Lam Research announced large investments in India.
Micron said its factory in Gujarat has begun shipping memory products.
India’s need for chips is growing quickly, but it still imports many semiconductor products.
The government hopes stronger local production will make supply chains more reliable.
Modi also asked private companies and Indian researchers to help develop advanced chip technology.
Prime Minister Narendra Modi said India has entered the second phase of its semiconductor journey.
India has approved 12 semiconductor projects, with three already beginning commercial production.
The expanded India Semiconductor Mission 2.0 focuses on equipment, materials, design, research, supply chains and workforce development.
Applied Materials plans to invest $5 billion in India over the next decade, while Lam Research plans investment of around Rs 10,000 crore.
India’s semiconductor demand is projected to reach $110 billion by FY30, even as domestic manufacturing remains at an early stage.
- Who
- Prime Minister Narendra Modi, the Indian government and global semiconductor companies discussed India’s chip ambitions.
- What
- At SEMICON India 2026, Modi presented India as a potential trusted semiconductor manufacturing hub and announced progress under the country’s semiconductor mission.
- Where
- New Delhi, India.
- When
- Thursday, September 17, 2026.
- Why
- India wants to meet rising domestic semiconductor demand, diversify global supply chains and build a broader chip manufacturing and technology ecosystem.
Expansion Opportunity
Remaining Challenges
India’s role in global supply chains
Expansion Opportunity
The government says India can become a new and trusted manufacturing location, strengthen global supply chains and attract international companies.
Remaining Challenges
India’s domestic semiconductor manufacturing is still nascent, and the country spent almost $150 billion on semiconductor product imports between FY17 and FY25.
Speed of semiconductor development
Expansion Opportunity
Modi said India achieved in about four years what generally takes countries around a decade, while companies reported new production and investment activity.
Remaining Challenges
Modi also described semiconductor manufacturing as a never-ending journey, with further expansion needed across equipment, materials, research, design and skilled manpower.
Key facts
- Approved projects
- Twelve semiconductor projects were approved under the first phase of the India Semiconductor Mission.
- Commercial production
- Three approved projects have started commercial production.
- Mission 2.0 outlay
- The expanded India Semiconductor Mission 2.0 was described as totaling Rs 1.27 lakh crore, or USD 13.5 billion in another account.
- Demand forecast
- India’s semiconductor demand is projected to reach $110 billion by FY30 and exceed $200 billion by FY35.
- Applied Materials investment
- Applied Materials announced plans to invest $5 billion in India over the next decade.
- Lam Research investment
- Lam Research plans to invest around Rs 10,000 crore in India over the next several years.
- Workforce target
- The government aims to train 100,000 engineering students for the semiconductor industry and says more than 70,000 have already been trained.
Quotes
Narendra Modi
Prime Minister of India speaking at the inauguration of SEMICON India 2026
“The semiconductor industry is facing numerous challenges. Amidst these challenges, the world is in dire need of new and reliable manufacturing hubs, and I say this with full responsibility.”
livemint.com
“Be it policies, regulatory framework...whatever is needed for you (manufacturers) to succeed, government is taking all steps and efforts to ensure that.”
livemint.com
Sources
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