India positioned as a reliable destination to address emerging global manufacturing challenges, says PM Modi.
PM Modi Highlights Indias Readiness as a Global Manufacturing Hub
At the recently concluded SEMICON India 2026 conference, Prime Minister Narendra Modi emphasized Indias potential as a reliable and prepared destination to address emerging global manufacturing challenges. He stated that the nation is poised to be a “trustworthy” player in the semiconductor industry, amidst increasing geopolitical tensions and supply chain disruptions worldwide.
The Prime Minister addressed concerns regarding the “weaponization” of supply chains, encouraging international stakeholders to consider India as a viable base for chip manufacturing. He believes that India can leverage its vast talent pool and technological advancements to accelerate growth in the semiconductor sector.
Furthermore, in his address, PM Modi outlined an ambitious roadmap for “Semicon 2.0,” which envisions the establishment of 200 startups and the creation of over 100,000 technician jobs, along with an estimated investment of $12 billion. This initiative aims to boost Indias manufacturing capabilities and enhance its position in the global semiconductor supply chain.
The SEMICON India event also served as a platform for the Prime Minister to share a lighthearted moment with attendees through social media, highlighting the blend of professional and personal engagement in fostering a vibrant tech ecosystem.
The event marks a significant step towards strengthening Indias foothold in the semiconductor industry, which is critical for various sectors, including electronics, automotive, and telecommunications. As technological demands continue to rise, Indias proactive strategy could attract further investments and partnerships from global tech firms.
