Today, Prime Minister Narendra Modi is scheduled to dedicate three semiconductor facilities to the country, valued at an incredible ₹1.25 lakh crore. ‘India’s Techade: Chips for Viksit Bharat’ is a historic event that highlights India’s goal of becoming a global center for semiconductor design, production, and technological development.
At 10:30 am, Modi will take part in a video conference to officially launch these semiconductor projects. This action is a part of the strategic plan known as the ‘India Semiconductor Mission,’ which has the lofty goal of establishing an end-to-end semiconductor ecosystem and placing India at the forefront of the world semiconductor industry.
The creation of three semiconductor plants in strategic places across the nation is the initiative’s cornerstone. An enormous investment has been made in India’s technical infrastructure with the construction of the semiconductor production facility at the Dholera Special Investment Region (DSIR) in Gujarat and the outsourced semiconductor assembly and testing (OSAT) facilities in Morigaon, Assam, and Sanand, Gujarat.
With a capital investment of more than ₹91,000 crores from Tata Electronics Private Limited (TEPL), the Dholera facility will be the nation’s first commercial semiconductor factory. This cutting-edge facility will help India become a more competitive manufacturer of semiconductors and provide job opportunities for young people in the country.
Analogously, the OSAT facilities at Sanand and Morigaon, which represent investments of approximately ₹7,500 crore and ₹27,000 crore, respectively, highlight India’s dedication to semiconductor testing, assembly, marking, and packaging. The establishment of these facilities by CG Power and Industrial Solutions Limited and Tata Electronics Private Limited will fortify the semiconductor ecosystem and advance India’s technological independence.
These investments are important not only for the semiconductor industry but also because they have the potential to create jobs in allied industries like telecom and electronics. These initiatives will have a knock-on effect on the entire economy, with thousands of young people positioned to gain from the jobs these semiconductor plants provide.
Furthermore, the establishment of these facilities marks a paradigm shift in India’s attitude toward innovation and technology. India is strengthening its technological dominance internationally and lowering its dependency on imports by developing its own capacity for producing semiconductors. The passion and support for India’s semiconductor ambition is demonstrated by the participation of thousands of college students and leaders from the semiconductor sector. The government, industry players, and young people are working together to realize a common goal of making India a global leader in technology.
On this historic occasion, Prime Minister Modi is speaking to the nation’s youth, and his message is clear: India is committed to using technology to promote economic growth, encourage innovation, and open doors for its people. India has made significant progress in the field of technology and innovation towards achieving its vision of “Atmanirbhar Bharat”, or self-reliant India.