India to Establish 5-8 More Semiconductor Plants in Next 7-8 Years, Says PM Modi

Prime Minister Narendra Modi announced that India expects to see another five to eight semiconductor plants begin operations over the next seven to eight years. This initiative underscores the government's commitment to building domestic chip manufacturing capacity, positioning India as a global powerhouse for chip design, manufacturing, and electronics. Modi highlighted that three semiconductor plants are already operational, with exports underway, and emphasized the strategic importance of semiconductors for India's self-reliance and technological development.