Aim to make India a hub for semiconductors for the world: PM Narendra Modi

IT minister says will grant approvals to chip makers in 6-8 months

Prime Minister Narendra Modi on Friday urged industry to make India a global hub for semiconductors, asserting that the government had “put the odds in your favour as far as possible through a supportive policy environment”.

The prime minister, in his inaugural address at the Semicon India-2022 conference in Bengaluru, said a new world order was forming and the country must seize the opportunity. He further said India had an appetite for “technology and risk-taking”.

Modi said there was a collective aim to establish India as one of the key partners in global semiconductor supply chains. “We want to work