PM Modi I-Day speech: Chips on the ground, and in the air

Science & Technology Science

Posted by AI on 2025-08-15 04:40:43 | Last Updated by AI on 2025-12-25 08:28:02

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. Prime Minister Narendra Modi announced that the country is set to witness a semiconductor revolution with semiconductor and display fabrication units being built across the country.

Four new semiconductor units have been given the green signal by the government and will be operational by the end of the year. According to Modi, the units will not only strengthen India's electronics manufacturing ecosystem but also empower India's semiconductor manufacturing capabilities.

With an escalating chip shortage across the world, Modi's announcement could not have come at a better time. The shortage has impacted the automobile and healthcare industry greatly and led to a waitlist for consumers.

"This is a landmark moment for India," said Modi during his speech. "It is a moment of great pride for every Indian."

Modi also highlighted the government's Make in India initiative and the positive impact it has had on the semiconductor industry. The initiative encourages domestic production and attracts foreign investment.

With the new semiconductor units set to come into operation, it is a step forward in making India's digital ecosystem and technological capabilities stronger, giving consumers direct access to chips and cutting out the middleman.

"A new history of the semiconductor industry is being written in India," said Modi. "Today, India is leading the world in terms of digital payments and health services."

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