Prime Minister Narendra Modi, while speaking at SEMICON India 2026 in New Delhi on September 17, said India’s semiconductor ecosystem is expanding rapidly and opening new opportunities for innovation, investment and growth. He also highlighted the growing global demand for new and trusted manufacturing destinations and said India is steadily preparing itself to meet that opportunity .

The numbers indicate how significantly the sector has expanded since the launch of the Semicon India Programme in 2021. The programme was launched with an outlay of ₹76,000 crore. Under the first phase, 12 semiconductor manufacturing units have been approved with cumulative investments of more than ₹1.64 lakh crore. These include a silicon fab, a silicon carbide fab, a Gallium Nitride Micro LED Display fab and nine ATMP/OSAT facilities across six states. Five of these units have now commenced commercial production.