Union Minister for Electronics and IT Ashwini Vaishnaw announced that three more semiconductor plants under the Semicon Mission 1.0 will be operational by the end of 2026.
The announcement comes after Prime Minister Narendra Modi inaugurated the US-based Micron's Assembly, Test, Marking and Packaging (ATMP) facility in Sanand, Gujarat.
Of the 10 plants approved under Semicon 1.0, the first is now producing memory chips, with three others set to follow before the year ends.
Vaishnaw said that artificial intelligence, semiconductors, and electronics manufacturing will drive India's next growth phase, with the country moving from learning to walk to learning to run in the global technology race.
The launch of the Micron plant has secured a special place for India on the global semiconductor map, and the government is set to launch the second phase of the mission, Semicon 2.0, which aims to make India a global hub for design, machinery, and talent.
The top priority for Semicon 2.0 will be to create a design ecosystem so that deep-tech startups can develop the next Qualcomm, Broadcom, or Nvidia.
Vaishnaw also highlighted the need for a full semiconductor value chain in India, including a material, machine, equipment, testing, and validation ecosystem.
The government has provided policy stability by guaranteeing tax incentives until 2047, and India's IT industry is expected to move beyond software services to lead the world in AI-based services.
