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PM Modi urges semiconductor industry to drive next phase of India’s growth

By ANU News
September 17, 2026 2 Min Read
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New Delhi: Prime Minister Narendra Modi on Wednesday urged global and Indian semiconductor industry leaders to actively participate in the next phase of India’s semiconductor growth, saying the country should aspire to be among the early leaders in emerging technologies.

Modi chaired a semiconductor roundtable with CEOs and senior representatives of leading global and domestic companies at Seva Teerth.

Emphasising close government-industry collaboration, the Prime Minister highlighted India’s growing strengths in talent, technology adoption and infrastructure. He called for greater industry participation in skilling, innovation and emerging areas such as artificial intelligence and quantum computing.

Referring to the target of training one crore people in AI, Modi said India’s large talent pool, combined with the expertise and capabilities of global industry leaders, could create significant opportunities.

Focus shifts to scale

Modi said India’s semiconductor ecosystem had made significant progress and was now moving from foundational efforts towards a phase of greater scale and opportunity.

He reiterated the government’s commitment to providing a predictable and responsive policy environment, while stressing that policies must evolve with technological advances and industry requirements.

The Prime Minister invited industry leaders to share suggestions on policy and administrative measures and assured them that their inputs would be considered while further strengthening the sector.

CEOs back India’s semiconductor ambitions

The CEOs appreciated the government’s sustained efforts to build India’s semiconductor capabilities, citing progress in manufacturing, chip design, infrastructure and talent development.

They expressed confidence in the opportunities emerging under ISM 2.0 and in India’s potential to develop capabilities across the semiconductor value chain, including manufacturing, research and development, advanced technologies and supporting industries.

The industry leaders also expressed their commitment to contributing to India’s emergence as a globally competitive semiconductor and technology hub.

Representatives of SEMI, Micron, Infineon, Applied Materials, ASML, Merck, Tokyo Electron, Fujifilm, AMD, Intel, Tata Electronics, Lam Research, Rapidus, NXP, Foxconn, Semiconductor Devices, Advantest, Celesta Capital, CG Power and IBM Research, among others, attended the meeting.

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