PM Modi dedicates to nation Rs 1.25 lakh-crore semiconductor facilities, says India taking big step towards bright future

Prime Minister Narendra Modi on Wednesday dedicated to the nation three semiconductor projects, estimated to be worth Rs 1.25 lakh crore, as part of the central government's 'India Semiconductor Mission' aimed at creating an end-to-end semiconductor ecosystem to enable the country to lead the global semiconductor industry.

"We are taking a big step towards a bright future," the Prime Minister said while addressing the youth at the ‘India's Techade: Chips for Viksit Bharat' video conference, describing the development as the onset of the country's journey to becoming the world's semiconductors technology hub. 

Among the three planned semiconductor facilities, one each is located in Gujarat's Dholera and Sanand, and one in Assam's Morigaon.   

The event saw the virtual participation of students from 1,814 higher education institutes. Apart from live streaming of the event, the higher education institutes also conducting seminars, and scheduled conferences during the day to encourage deliberations on the subject and brainstorm a roadmap to achieve 'Viksit Bharat @2047' through research and innovation.

Here are some of the key highlights of what PM Modi said: 

• This is a historic day as we are taking a strong step towards a bright future
• Today, we are creating history 
• 'Made in India' semiconductor chips will take the country towards self-reliance
• They will take the country towards modernity
• India commits and India delivers
• Democracy also delivers
• India now second biggest manufacturer of mobile phones

• When India commits, it delivers (referring to his government's commitment to make the country a semiconductor manufacturing hub) 

• Earlier regimes indulged in scams of thousands of crores but did not invest thousands of crores for making semiconductors
• India has lost decades in semiconductor manufacturing; now is the time to move ahead
• Day not far when India will produce semiconductor chips and related products commercially 
• India will become a global power in this sector similar to the technology, nuclear and digital spaces
• The decisions and policies of today will give us a strategic advantage in future
• These three projects will help India become a global hub in semiconductor manufacturing
• Today, the youth are seeing how India is working all-round for progress, for self-reliance and for its presence in the global supply chain
• These efforts will also increase their self-confidence
• A confident youth changes the destiny of the country
• 21st century is technology-driven and cannot be imagined without electronic chips 
• Due to various reasons, India was left behind during the first and the second industrial revolutions
• India is pioneering Industry 4.0 with confidence