Prime Minister Narendra Modi on Tuesday inaugurated a semiconductor facility by Kaynes Technology in Sanand, marking the commencement of production at the plant and underscoring the rapid progress of India’s semiconductor ecosystem.
The inauguration comes within a month of the Prime Minister launching production at Micron Technology’s facility at the same location, a development he described as evidence of the pace at which the country is advancing its chip manufacturing ambitions.
Highlighting the significance of the project, Modi said the entry of an Indian company into semiconductor manufacturing represents a “wonderful beginning” and signals India’s growing integration into the global semiconductor supply chain. He added that such initiatives align with the broader “Make in India, Make for the World” vision, with a substantial share of the plant’s output already earmarked for export.
The Sanand facility will manufacture Intelligent Power Modules (IPMs), which are critical components for electric vehicles and industrial applications. Modi noted that the products will not only strengthen India’s domestic capabilities but also support global industries, with supplies already linked to international markets, including the United States.
The Prime Minister emphasised that resilient semiconductor supply chains have become increasingly important in the wake of disruptions caused by the COVID-19 pandemic and geopolitical tensions. He stated that India’s efforts in this domain are aimed at contributing to global stability while advancing national self-reliance.
Referring to the India Semiconductor Mission, launched in 2021, Modi described it as a strategic initiative to build long-term capabilities across the semiconductor value chain. He said the programme is not only an industrial policy but also a reflection of India’s confidence in its technological future.
According to the government, work is currently underway on 10 semiconductor-related projects worth over ₹1.6 lakh crore across six states. The Prime Minister also highlighted the development of indigenous technologies such as the Dhruv 64 microprocessor, aimed at applications in 5G infrastructure, automotive electronics and industrial automation.
Looking ahead, Modi pointed to the next phase of the programme, India Semiconductor Mission 2.0, which will focus on domestic production of semiconductor equipment and materials to build a more comprehensive ecosystem.
He also highlighted efforts to strengthen the talent pipeline, noting that India is close to achieving its target of training over 85,000 semiconductor design professionals. Initiatives such as the Chips to Startup programme have enabled universities and startups to access advanced design tools, resulting in the development of multiple chip designs.
Industry estimates place India’s semiconductor market at around $50 billion currently, with projections indicating it could exceed $100 billion by the end of the decade. The Prime Minister said the government aims to maximise domestic manufacturing to meet this growing demand.
In parallel, India is working to secure raw material supply chains through initiatives such as the National Critical Minerals Mission and regional corridors for rare earth elements. These efforts are intended to reduce dependence on imports and support long-term growth in electronics and semiconductor manufacturing.
Modi described the current decade as a defining period for technological leadership, stating that India is positioning itself not just as a participant but as a key driver of global technological change.