Prime Minister Narendra Modi has declared India as the world’s most promising destination for semiconductor design and manufacturing, while addressing a CEO roundtable with leading global industry executives. He highlighted the country’s growing technological capabilities, improving infrastructure, and favorable policies that are designed to attract large-scale investment into the semiconductor ecosystem.

The Prime Minister noted that India is no longer positioning itself only as a major consumer of electronics but is building a full-fledged hub for chip design, fabrication, and packaging. He emphasized that government initiatives such as fiscal incentives, streamlined approvals, and a strong push for research and innovation are creating the right environment for global players to expand in India.

One of the points he underlined was India’s talent advantage, with nearly a fifth of the world’s semiconductor design engineers based in the country. Leading cities such as Bengaluru, Hyderabad, and Noida already host advanced design and development centers, supporting global companies with critical chip innovation.

The roundtable discussion also touched upon the long-term vision of making India a reliable partner in the global semiconductor supply chain. Modi stressed that amid rising geopolitical uncertainties and supply chain disruptions, India can provide both stability and scale to international manufacturers.

Industry leaders at the event expressed confidence in India’s potential, pointing to the growing demand for electronics and the government’s commitment to building state-of-the-art infrastructure. With large investments already being announced in fabrication plants and design centers, India is steadily transitioning into a front-runner in the sector.

By positioning itself as a global hub for advanced technology, India aims not just to participate in, but to lead, the future of semiconductor innovation and manufacturing.