At an event called “India’s Techade: Chips for Viksit Bharat” in Dholera, Prime Minister Modi lay the groundwork for three initiatives involving semiconductors.
Prime Minister Narendra Modi said on Wednesday, while laying the groundwork for three significant semiconductor projects, that India will soon become a global leader in the production of semiconductor products. He blamed earlier governments for engaging in thousands of crores worth of corruption and for not investing in cutting-edge technology.
The prime minister was using video conferencing to speak to an audience at “India’s Techade: Chips for Viksit Bharat” in Dholera. There, he officially launched three semiconductor projects, two in Gujarat and one in Assam, with a combined value of almost ₹1.25 lakh crore.
He mentioned that “India has left behind old thoughts and old approach and has moved much ahead. India is taking speedy decisions and making policies. We have lost decades in semiconductor manufacturing. But we should not lose a single moment now.”
Modi acknowledged the importance of electronic chips in the 21st-century tech scene and stated that “Made in India” and “Designed in India” chips will be crucial in helping India become more independent and sophisticated.
“In the 60s, India had dreamed of semiconductor manufacturing and thought in this direction. But the governments then could not take advantage of the opportunities that were before us. The biggest reason for this was lack of will, lack of efforts to convert thoughts into action and the lack to take bold decisions for the country. Due to this, for many years, India’s dream of making semiconductors remained a dream,” he added.
The events are consistent with the government’s recent efforts to establish the nation as a center for the production and assembly of semiconductors, a vital component whose supply was first interrupted by the pandemic and then by geopolitical tensions between the US and China. Semiconductors are used in a wide range of technology sectors.
