PM Modi Launches SEMICON India 2026: $13.5B Phase Two Announced

Prime Minister Narendra Modi inaugurated the three-day SEMICON India 2026 event at Yashobhoomi in New Delhi, marking a major milestone for the country’s semiconductor journey. He noted that India has successfully transitioned from initial policy discussions to active commercial production within four years.

Key Numbers And Event Scale

The event brings together a vast global network under the theme ‘Silicon to Systems: Building the Ecosystem.’ The scale of participation highlights the growing footprint of India in the global semiconductor supply chain.

Here are the core figures from the inauguration:

$13.5 billion allocated for the second phase of India’s semiconductor mission.

$8 billion allocated during the first phase of the mission.

600 companies participating from 52 countries at the event.

Production And Government Support

PM Modi emphasized that Indian-made chips are now reaching both domestic and international markets as commercial production begins at additional plants. The government remains committed to supporting this growth trajectory through structural reforms.

Key focus areas for government backing include:

Policy and funding reforms to ease operations.

Regulatory framework updates to attract foreign investment.

Fostering collaboration between international companies, Indian startups, and design firms.

This ongoing commitment aims to solidify India’s position in the global semiconductor ecosystem as the industry enters its commercial production phase.