Prime Minister Narendra Modi inaugurated Kaynes Semicon`s outsourced semiconductor assembly and test facility at Sanand on Tuesday and said India is strengthening its role as a reliable semiconductor supplier in the global market.
He said the inauguration of the facility strengthens India`s push towards self-reliance, which marks a landmark step in building a robust semiconductor ecosystem.
Modi said India`s decision to join the Pax Silica initiative aims to strengthen the supply of critical minerals.
Calling the development a moment of pride as an Indian company has joined the global semiconductor supply chain, Modi said this is not just the time of economic competition but a time to shape the future tech landscape.
“With the commencement of production in this project, India is further strengthening its role as a reliable semiconductor supplier in the global market. In a sense, a new bridge has emerged today between Sanand and Silicon Valley; the plant in Sanand is now supplying Intelligent Power Modules to a company based in California,” the prime minister added.
Modi said India launched the Semiconductor Mission in 2021, which is not just an industrial policy but a declaration of India`s confidence.
“India launched Semiconductor Mission 2 in the last budget to make the country self-reliant in every sector of production”, he added.
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