- At the SEMICON 2024 conference, the Prime Minister highlighted the vital role of supply chain resilience in strengthening the economy, urging greater investments in domestic semiconductor manufacturing.
- PM introduced the ‘Three-D Power’ framework—comprising a reformist government, an expanding manufacturing base, and an aspirational market—as key drivers of India’s semiconductor push.
- Over ₹1.5 lakh crore in investments has already been committed to semiconductor manufacturing, with more projects underway.
- India is entering an era of “silicon diplomacy” and aims to become a semiconductor powerhouse by increasing domestic chip production.
- India’s success under the Digital India initiative has been significant, transitioning from importing mobile phones to becoming the second-largest producer and exporter.
Dig Deeper: Read about the concept of 3D Stacking.
