PM Modi meets global semiconductor CEOs, exudes confidence in India’s potential

“Earlier today, interacted with leading CEOs from the world of semiconductors during SEMICON India 2025. Their confidence in India’s potential is evident and they are betting big on India as a global hub for semiconductor innovation and manufacturing,” PM Modi said in a post shared on handle X.

PM Modi meets global semiconductor CEOs, exudes confidence in India’s potential

Photo: X/@narendramodi

Prime Minister Narendra Modi Wednesday interacted with leading CEOs from the world of semiconductors during SEMICON India 2025, a three-day conference aimed at advancing India’s semiconductor ecosystem. The CEOs expressed their confidence in India’s potential, with many betting big on the country as a global hub for semiconductor innovation and manufacturing.

“Earlier today, interacted with leading CEOs from the world of semiconductors during SEMICON India 2025. Their confidence in India’s potential is evident and they are betting big on India as a global hub for semiconductor innovation and manufacturing,” PM Modi said in a post shared on handle X.

Advertisement

“I talked about India’s relentless reform journey in this sector, which includes building robust infrastructure and emphasis on skilling as well as innovation,” he added.

Advertisement

The SEMICON India 2025 conference is a significant step towards realizing India’s vision of becoming a hub for semiconductor design, manufacturing, and technology development. It brought together industry leaders to discuss India’s semiconductor ecosystem and its growth and development. Mr Modi emphasized India’s potential to become a significant player in the global semiconductor market, expected to surpass $1 trillion in the coming years.

The CEOs’ confidence in India’s potential is evident, with many expressing their commitment to investing in the country’s semiconductor sector. The roundtable discussion included top executives from leading global semiconductor companies, such as ASML, Applied Materials, and Infineon. These industry leaders are expected to discuss the latest advancements in the semiconductor sector, explore strategic collaborations, and understand industry perspectives.

The Indian government has been working to streamline processes, reduce paperwork, and provide plug-and-play infrastructure for investors. The government has also committed Rs 76,000 crore to strengthen the semiconductor sector, with nearly Rs 65,000 crore already committed across ten strategic semiconductor projects. The initiative aims to attract global investment, foster innovation, and reduce India’s dependence on imports in this strategically vital sector.

Advertisement