PM Modi Urges Top Tech CEOs To Take Part In India's Semiconductor Growth

During the meeting, the Prime Minister emphasised the importance of close collaboration between the government and the semiconductor industry in shaping India's technology future

16 Sep 2026, 15:49 · NDTV

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Prime Minister Narendra Modi urged CEOs to join India’s next phase of semiconductor growth
He stressed government-industry collaboration for India’s technology future
PM Modi highlighted India’s talent and infrastructure for AI and Quantum Computing

What incentives is India offering to attract global chipmakers?
New Delhi:

Prime Minister Narendra Modi urged leading CEOs, at a roundtable held here on Wednesday, to participate in the next phase of India's semiconductor growth.

During the meeting, the Prime Minister emphasised the importance of close collaboration between the government and the semiconductor industry in shaping India's technology future, a PMO statement said.

He highlighted India's strong foundation of talent, technology adoption and infrastructure, and called for greater industry participation in skilling, innovation and emerging technologies such as AI and Quantum Computing.

Referring to the target of training one crore people in AI, he said India's talent pool, combined with the experience and capabilities of global industry leaders, can create significant opportunities.

The meeting was attended by CEOs, heads and representatives of top organisations including SEMI, Micron, Infineon, Applied Materials, ASML, Merck, Tokyo Electron Ltd, Fujifilm, AMD, Intel, Tata Electronics, Lam Research, Rapidus, NXP, Foxconn, Semi Conductor Devices, Advantest, Celesta Capital, CG Power, and IBM Research among others.

The Prime Minister said India should aspire to be among the early leaders in emerging technologies. He noted the significant progress made in the semiconductor sector and said the ecosystem is now moving from foundational efforts to a phase of greater scale and opportunity.

Reiterating the government's commitment to a predictable and responsive policy environment, he emphasised that policies must evolve in line with technological advancements and industry requirements. He invited industry leaders to share suggestions on policy and administrative measures and assured them that their inputs would be given due consideration in further strengthening the sector.

The CEOs appreciated the government's sustained efforts to develop India's semiconductor capabilities, noting the progress made in manufacturing, design, infrastructure and talent development. They expressed confidence in the opportunities emerging under ISM 2.0 and in India's potential to build capabilities across the semiconductor value chain, including manufacturing, R&D, advanced technologies and supporting industries.

Appreciating the leadership and support of the Prime Minister, they said the progress achieved in recent years has created a strong foundation for further industry participation. They expressed their commitment to contributing to India's emergence as a globally competitive semiconductor and technology hub, the statement added.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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