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Prime Minister Narendra Modi asserted India’s commitment to becoming a semiconductor manufacturing hub, highlighting the nation’s ability to deliver on promises. Speaking virtually while laying the foundation stones for three semiconductor facilities worth approximately Rs1.25 lakh crore, with two in Gujarat and one in Assam, Modi emphasised the significance of the occasion.

He hailed it as a pivotal step towards a promising future, underscoring the importance of ‘Made in India’ semiconductor chips in fostering self-reliance and modernisation. Modi reiterated that India’s commitment translates into action, highlighting the efficacy of democracy. Criticising past administrations for alleged financial improprieties, Modi underscored their failure to invest substantially in the semiconductor industry. The launched projects include India’s first Fab facility at Dholera, Gujarat, an Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, and another OSAT facility in Morigaon, Assam.

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