PM Modi Says India Will Soon Become a Global Power in Semiconductor

AHMEDABAD: Prime Minister Narendra Modi on Wednesday expressed confidence that India is on track to becoming a global leader in semiconductor manufacturing, as he virtually performed the groundbreaking ceremony for Tata Group's semiconductor fabrication facility in Dholera, Gujarat.

Addressing the event, the Prime Minister said the country is rapidly building the capabilities needed to become a major force in the global semiconductor industry.

"The day is not far when India becomes a global power in semiconductors, just like it has been a nuclear, digital and space power," PM Modi said.

The remarks came during the launch of Tata Electronics' semiconductor fabrication project in Dholera Smart City, one of the largest investments in India's semiconductor sector. Developed in partnership with Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC), the facility is expected to play a key role in strengthening India's domestic chip manufacturing capabilities.

The semiconductor fabrication plant will be built with an investment of approximately ₹91,000 crore and is expected to generate more than 20,000 direct and indirect jobs. Once operational, the facility will manufacture chips used in sectors such as automotive, artificial intelligence, wireless communications, computing, and data storage.

The project is widely viewed as a significant milestone in India's efforts to reduce dependence on imported semiconductors and establish itself as a strategic hub within the global electronics supply chain.

Dholera Smart City, located within the Dholera Special Investment Region (SIR) in Gujarat, has emerged as a major destination for advanced manufacturing investments due to its planned infrastructure, industrial zoning, connectivity projects, and upcoming international airport.

Industry experts believe that the Tata semiconductor project could attract additional investments across the electronics, technology, logistics, and manufacturing sectors, further accelerating industrial development in the region.

With multiple semiconductor projects now under development across the country, India's ambition to become a global semiconductor powerhouse is gaining momentum, supported by government incentives, infrastructure investments, and increasing participation from domestic and international companies.