Prime Minister Narendra Modi urged global semiconductor firms to invest in India’s chip industry at the SEMICON India 2026 conference in New Delhi on September 17, 2026. He said the country’s push would shore up supply chains that are increasingly being weaponised, and that India is ready to become a manufacturing hub for next‑generation technologies.
Modi highlighted reforms that have created a favourable ecosystem for end‑to‑end chip design, fabrication and assembly. He noted that India now has the foundation for compound semiconductors and silicon photonics, both essential for AI infrastructure.
The prime minister also cited the New Delhi Declaration adopted at the BRICS Summit, describing it as evidence of India’s growing global credibility. He said the declaration and the SEMICON event together signal India’s rising stature in strategic technology domains.
Modi announced a target to train 100,000 engineering students for the semiconductor sector, after already training 70,000. He urged youth and researchers from abroad to join India’s effort and pressed equipment makers to invest before the conference closes on September 19, 2026.
The government will roll out a detailed policy package in October to attract foreign capital, and industry leaders are expected to sign MoUs during the event.