PM Modi inaugurated Semicon India 2026, pitching India as a trusted chip manufacturing hub. He announced the expansion of India Semiconductor Mission (ISM 2.0) with an increased outlay of $13.5 billion, and revealed that 12 chip-making projects have been approved. Applied Materials also committed $5 billion under Vision 2035 to integrate India into the global semiconductor value chain. This is crucial for India's goal of self-reliance and reducing dependence on global supply chains.
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- ›Event: Semicon India 2026 inaugurated by PM Modi
- ›Venue: Yashobhoomi, New Delhi
- ›Target this Data: $13.5 billion outlay for India Semiconductor Mission 2.0 (up from $8 billion)
- ›Target this Data: 12 chip-making projects approved so far
- ›Target this Data: Applied Materials $5 billion investment under Vision 2035
- ›Target this Event: Semicon India 2026 inaugurated at Yashobhoomi, New Delhi on September 17, 2026
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