Prime Minister Shri Narendra Modi inaugurates SEMICON India 2026

Prime Minister Shri Narendra Modi inaugurated SEMICON India 2026 in New Delhi, highlighting the rapid expansion of India's semiconductor ecosystem, innovation opportunities, and economic growth. Tracing the sector's evolution since 2022, he noted the commencement of commercial production in plants in Mohali and Surat, with chips now reaching domestic and global customers. The Prime Minister announced the $13.5 billion second phase of the Semiconductor Mission and highlighted new regulatory reforms. He emphasized India's demographic advantage, noting that 70,000 out of a target of one lakh engineering students have been trained in chip design. Furthermore, he outlined the nation's energy security investments, including expanded solar and nuclear capacity, to support AI data centers and manufacturing plants.