Prime Minister Modi on Tuesday inaugurated a semiconductor plant of Kaynes Technology in Sanand, Gujarat, marking the start of production at the facility and underlining India’s push to build a domestic chip ecosystem.
Noting the pace of developments in the sector, the Prime Minister referred to his visit to Sanand on February 28 for the start of production at the Micron facility, saying the back-to-back milestones reflect the momentum in India’s semiconductor journey.
The Kaynes facility will manufacture Intelligent Power Modules used in electric vehicles and industrial applications, with a significant share of output expected to be exported. Officials said the project is already integrated with global supply chains, linking domestic production with international markets.
Highlighting the broader policy push, the Prime Minister said India launched the India Semiconductor Mission in 2021, and work is currently underway on 10 projects worth over Rs 1.6 lakh crore across six states.
He said India is positioning itself as a reliable semiconductor supplier at a time when global supply chain disruptions have affected key sectors such as electronics, energy and advanced manufacturing.
Citing industry estimates, the Prime Minister noted that India’s semiconductor market, currently valued at around $50 billion, is projected to cross $100 billion by the end of the decade.
He also referred to the next phase of the semiconductor mission, which aims to develop domestic capabilities in equipment and materials, alongside efforts to secure critical raw material supply chains through initiatives such as the National Critical Minerals Mission.
On the technology front, he cited the development of the indigenous ‘Dhruv 64’ microprocessor as part of efforts to strengthen design and manufacturing capabilities across the value chain.
The Prime Minister also highlighted workforce development initiatives, saying the government is close to achieving its target of training over 85,000 semiconductor design professionals. Programmes involving nearly 400 institutions have already enabled the design and manufacture of more than 50 chips, he said.
The Prime Minister said the growth of the semiconductor sector would support industries such as electric vehicles, clean energy and electronics, and contribute to India’s long-term technology ambitions.
