PM Modi: Small chips made in India will drive biggest change in world

Prime Minister Narendra Modi on Tuesday delivered a strong message that the world trust India and is ready to build the semiconductor future with IndiaSpeaking at the inaugural ceremony of India Semicon 2025 the PM highlighted Indias growing role in the global semiconductor ecosystemHe said The day is not far when the smallest chip made in India will drive the biggest change in the world And it is also true that even if we started late nothing could stop us nowWATCH At Semicon India 2025 Prime Minister Narendra Modi says It is said in the semiconductor world that oil was black gold but chips are digital diamonds Our last century was shaped by oil But the power of the 21st century is limited to a small chip This chip has thehellip pictwittercomEXKQDOzc3emdash ANI ANI September 2 2025As reported by news agency PTI PM Modi announced that since 2021 10 semiconductor projects worth USD 18 billion have been approved marking a significant step toward selfreliance in chip manufacturing He stressed that India is not just preparing for the future but actively shaping itPM Modi also outlined Indiarsquos efforts to secure raw material supply chains stating that the country is working on a Critical Minerals Mission to meet the growing demand for rare earth and strategic minerals vital to chip production and other advanced technologiesHighlighting the importance of semiconductors and chips Prime Minister Modi said It is said in the semiconductor world that oil is black gold but chips are digital diamonds Our last century was shaped by oil But the power of the 21st century is limited to a small chip This chip has the power to accelerate the development of the worldThe Semicon India 2025 Conference brought together global industry leaders policymakers and innovators to chart Indiarsquos roadmap as a key hub for semiconductor design and manufacturing Modi said Indiarsquos strong talent pool policy support and trusted global partnerships are positioning it as a natural choice for investments in the semiconductor sectorHe further said We are ready to welcome all the investorsThe day is not far when the world will say designed in India made in India trusted by the worldReferring to Indias GDP growth of 78 per cent in the first quarter of FY 202526 PM Modi said that the country has performed better than every expectation and prediction even when every economy was facing challenges stemming from economic selfishnessThe GDP numbers of the first quarter of this year has come out recently India has once again performed better than every expectation and prediction When every economy have concerns facing challenges stemmed from economic selfishness even in those times India has achieved a 78 per cent growth This growth is in every sector PM Modi saidPM Modi said that the last century was shaped by oil but the power in this century belong to semiconductor chipsPM detailed the progress of the Semicon India program starting from 2021 By the year 2023 Indias first semiconductor plant was approved In 2024 we approved additional plants In 2025 we cleared five additional projects Overall an investment of more than Rs 15 lakh crore is being made in ten semiconductor projects This shows the worlds growing trust in IndiaWe have implemented the National Single Window System Through this all the approvals from the Centre and the states are being received on a single platform As a result our investors are now freed from a significant amount of paperworkFurther he emphasised that the industry speed is paramount and that the less there is paperwork the more there will be wafer workOur journey in this sector began late but nothing can stop us now he said adding that commercial chips would roll out of India this yearUnion IT minister Ashwini Vaishnaw on Tuesday presented the first madeinIndia chip to Prime Minister Narendra Modi Vaishnaw presented the Vikram 32bit processor and test chips of four approved projects to PM ModiSemicon India 2025 conference is aimed at catalysing Indias Semiconductor ecosystem and will focus on advancing a robust resilient and sustainable semiconductor ecosystem in India The conference features sessions on the progress of the Semicon India Programme semiconductor fab and advanced packaging projects infrastructure readiness smart manufacturing innovations in RampD and artificial intelligence investment opportunities statelevel policy implementation and other topicsWith inputs from PTI