Launch of Second Phase of Semiconductor Mission, PM Modi Highlights India's Technological Self-Reliance

Prime Minister Narendra Modi has highlighted India's growing capabilities in the semiconductor sector while launching the second phase of the mission. He clarified that India has moved past the initial stage of chip designing and has now commenced commercial production of chips within the country. This achievement is crucial in establishing India as a key player in the global semiconductor supply chain.

With this new phase, the scope of the semiconductor mission has expanded significantly. According to official information, the total size of this mission has now reached 13.5 billion dollars. This investment will not only strengthen the infrastructure but also provide new momentum to technological innovation within the nation.

The Prime Minister emphasized that semiconductor technology is the backbone of the modern digital era. India's goal is to achieve self-reliance in this sector to meet future requirements. He stated that government policies and incentives are proving helpful in developing this industry rapidly.

The objective of the second phase of the mission is to increase domestic production capacity and encourage global companies to invest in India. This will not only create new employment opportunities but also strengthen the country's technological sovereignty.

Experts believe that India's entry into chip manufacturing could bring a major shift in the global market. With these steps taken by the government, India is moving toward joining the list of select countries that are manufacturing cutting-edge semiconductor technology.

In the coming times, various industries are expected to benefit through this mission, with the automobile, electronics, and telecommunications sectors being prominent. The Prime Minister expressed confidence that this journey of India will give the country a new identity as a global technological hub.

This initiative is part of India's 'Make in India' campaign, which aims to make the country a manufacturing hub. The expansion of the semiconductor mission is being considered a decisive milestone in realizing this vision.