PM Modi’s Semiconductors Initiative: A Leap Towards Self-Reliance

Prime Minister Narendra Modi laid the foundation stone for three semiconductor facilities, marking a significant stride towards India’s self-reliance and technological advancement. Emphasizing India’s commitment to delivering on its promises, PM Modi highlighted the importance of the ‘Made in India’ semiconductor chips in driving the nation towards modernity.

The projects, including India’s first Fab facility in Gujarat and two Outsourced Semiconductor Assembly and Test (OSAT) facilities, symbolize the government’s dedication to bolstering the semiconductor industry, a vital component of India’s economic growth strategy. This initiative underscores India’s determination to reduce dependency on foreign imports and establish itself as a prominent player in the global semiconductor market.