Modi Pitches India as Global Chipmaking Hub
Modi said India has trained more than 70,000 engineers and is targeting 1 lakh as the government courts chipmakers and suppliers.
- On Thursday, September 17, Prime Minister Narendra Modi inaugurated SEMICON India 2026 at the Yashobhoomi Convention Centre in New Delhi, urging global semiconductor leaders to participate in India's next phase of growth.
- The second phase of the India Semiconductor Mission, expanded to $13.5 billion from $8 billion, details the conference theme 'Silicon to Systems: Building the Ecosystem' to foster comprehensive domestic manufacturing capabilities.
- Applied Materials announced $5 billion in investments over the next decade, while Lam Research committed $1 billion to establish silicon-component manufacturing and expand research operations in India.
- Modi confirmed five semiconductor units have achieved commercial production, marking a transition from foundational planning to active manufacturing that he described as a 'landmark year' for India's industry.
- Government officials aim to support at least 200 chip design startups and train 100,000 technicians under the expanded mission, strengthening India's position as a globally competitive semiconductor hub.
92 Articles
92 Articles
(Seoul = Yonhap News) Reporter Yoo Chang-yeop = India, striving to foster its semiconductor industry, has secured investment pledges worth over 16 trillion won from domestic and foreign semiconductor companies, Bloomberg reported...
Modi draws US chip leaders’ backing
Indian Prime Minister Narendra Modi yesterday launched a charm offensive for global investors at India’s top chip-industry event, drawing pledges from US firms Applied Materials Inc and Lam Research Corp for billions of dollars in outlays.Marking India’s audacious bid to win a seat at the global chi
India’s New Chip Plan Draws $12 Billion in Investment Pledges
India has received investment pledges of as much as $12 billion from global and local investors within months of launching it’s new semiconductor policy, marking an acceleration in its efforts to become a chip-making nation.
India Received Investment Commitments Of $12 billion Under Semicon 2.0.
Vaishnaw’s comments come at a time when the government is pushing hard for the second phase of its semiconductor programme towards building out more parts of the supply chain. Without naming the specific companies, the minister, however, said that the players are expected to make announcements after securing approvals from their respective boards and shareholders
PM Modi urges youth to drive India’s advanced tech push
New Delhi: Highlighting the strategic advantage of India’s demographic dividend, Prime Minister Narendra Modi on Thursday, September 17, hailed the vast pool of engineering talent and the extensive skilling initiatives specifically tailored for chip designing. Inaugurating the ‘SEMICON India 2026’ here, PM Modi mentioned receiving custom-designed chips from students and reiterated the government’s ambitious target … Get the latest updates in Hyd…
Coverage Details
Bias Distribution
- 52% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
