Chip voyage from paperwork to wafer work on track: Modi

10 projects cleared under ISM as Centre readies Phase-II of semicon mission

- AASHISH ARYAN

India's push to build an end-to-end semiconductor ecosystem may have started late, but nothing can stop the country from accelerating with reforms that will make it a full-stack semiconductor nation, Prime Minister Narendra Modi said on Tuesday.

Speaking at the fourth edition of the SEMICON India conference, Modi said that with growing capabilities in the sector, India was poised to capture a major share of the global chip market, projected to touch $1 trillion in the coming years. "Speed matters the most in the semiconductor space. The shorter the time from file to factory, the shorter the journey from paperwork to wafer work. Our government is working with this thought," Modi said at the inaugural session.

On India's semiconductor journey so far, Modi noted that the government had, without delay, cleared the first semiconductor project within 18 months of the Union Cabinet approving the India Semiconductor Mission (ISM) in December 2021.