Prime Minister Narendra Modi inaugurated a major Indian semiconductor plant, emphasizing the need for a resilient domestic supply chain amid global conflicts. This marks a strategic push under the India-Semiconductor Mission to reduce import dependence and capture a growing market projected to reach ₹9 lakh crore by 2030.
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- ›OSAT Facility Cost: ₹3,300 crore
- ›Current Indian Semiconductor Market: ₹4.5 lakh crore
- ›Target this Data: ₹9 lakh crore semiconductor market target by 2030.
- ›Target this Nodal Body: India-Semiconductor Mission.
- ›Target this Legal Point: The facility is an OSAT (Outsourced Semiconductor Assembly and Test) plant.
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