Prime Minister Narendra Modi inaugurated Semicon India 2025, positioning India as a rising powerhouse in the global semiconductor industry. Addressing the summit, he said the world now looks to India not only as a trusted partner but as a future leader in chip innovation.
“Oil has been referred to as black gold in the semiconductor industry, but chips are the digital diamonds,” Modi said, highlighting India’s determination to become a full-stack semiconductor nation. Even though we started our trip later than others, we are now unstoppable. The world’s largest revolution will soon be made possible by India’s smallest chip.
Under the Atmanirbhar Bharat vision, the Prime Minister underlined that India’s efforts go beyond chip production and instead concentrate on creating a comprehensive semiconductor ecosystem that boosts competitiveness and self-reliance.
He further elaborated on the Indian semiconductor plan by connecting the dots with India’s stronger economic output. “GDP figures released for the first quarter indicate that India’s GDP is growing at a remarkable 7.8 percent. The growth is seen in every sector of the economy,” he said, putting semiconductor development into the picture of the national economy.
The summit came after Modi’s trip to Japan, where he visited Tokyo Electron Miyagi Ltd., a notable company in semiconductor technology. He explained the complementary relationship between Japan’s advanced technology and India’s nascent semiconductor manufacturing ecosystem and implied that there is more collaboration from other countries to come.
India’s semiconductor market, estimated to be worth between $45 and $50 billion in FY2024–2025, is expected to more than double to $100–110 billion by 2030, according to industry projections presented at the event. Together with international collaborations and regulatory backing, this quick growth is anticipated to solidify India’s position as one of the world’s most important chip-making destinations.
