September 03
India’s semiconductor journey reached a historic milestone as the first set of Made-in-India chips from a pilot line was presented to the Prime Minister Narendra Modi by Union Minister of Electronics and Information Technology, Ashwini Vaishnaw.
Launched in December 2021, the India Semiconductor Mission has achieved the transition from approvals to production in just three and a half years, a feat described by the Union Minister as a moment of pride thanking the Prime Minister for his farsighted vision, strong will and decisive action. Union Minister Vaishnaw also said that, from 7.8% GDP growth to a growing semiconductor ecosystem with 1st ‘Made in India’ chips- Bharat stands as a lighthouse of stability.
Union Minister Vaishnaw emphasized that India’s semiconductor mission is built on trust respecting intellectual property rights, supporting supply chain development, and promoting co-development models with global partners.
“India has always gone to the world as a partner, fostering mutual growth and win-win collaborations,” he said, adding that this trusted position is one of India’s strongest advantages in the global value chain.
12 Memorandums of Understanding (MoUs) were announced during Semicon India 2025. These agreements focus on enhancing product development, expanding service capabilities, and strengthening the skill development sector, with the aim of building a self-reliant and future-ready semiconductor ecosystem in the country.
To further strengthen innovation, Vaishnaw announced the formation of the Deep Tech Alliance, with close to a billion dollars already committed. Initially focusing on semiconductors, the Alliance will expand to other frontier sectors such as clean energy, biotechnology, quantum technologies, and space. The Minister said this would provide much-needed venture capital support for emerging deep tech industries.
The Union Minister stated that the Semiconductor Laboratory, Mohali modernization programme is progressing well, aimed at increasing production levels, enabling new product tape-outs, and strengthening India’s high-value, mid-volume manufacturing capacity. Building on the success of ISM 1.0, the Government is also preparing to launch ISM 2.0, which will broaden support for fabs, OSAT units, capital equipment, and materials to cover the entire semiconductor value chain.
The Union Minister stated that exports will be an integral part of the ten approved projects, ensuring that chips made in India will serve both domestic and global markets.
Independent studies indicate that semiconductor production in India is already 15–30% more cost-competitive compared to global benchmarks.
Vaishnaw underlined that India never rushed through project approvals but ensured professional assessment for sustainable progress. With two fabs already in place and more in the pipeline, India is building momentum in an industry where, once the foundation is set, growth accelerates exponentially.
At SEMICON India 2025, every major global stakeholder in the semiconductor ecosystem, including equipment and material leaders such as ASML, Lam Research, Applied Materials, Merck, and Tokyo Electron, marked their presence. Vaishnaw said that their participation reflected the strong confidence the world has in India’s semiconductor mission, steered under the leadership of Prime Minister Narendra Modi.
