Prime Minister Narendra Modi announced in his Independence Day address on August 15 that another five to eight semiconductor plants will be set up in the country over the next seven to eight years. PM Modi stressed that semiconductors have become indispensable across a wide range of industries, electronics, medical equipment, and transport systems and reiterated the policy of building a domestic supply base capable of meeting India’s own chip needs.
PM Modi went on to say that “five, seven, or even eight” additional semiconductor plants would come up over the next seven to eight years. No company names, investment amounts, or process technologies were disclosed for the individual plants in this announcement.
India is investing not only in chip fabrication but also in OSAT — assembly, packaging and test.
In July 2026, CG Semi’s OSAT facility in Sanand, Gujarat, started operating. At the time, Modi projected that five semiconductor facilities would come online during 2026.
This latest statement looks further ahead, into the early 2030s, signaling an intent to keep expanding India’s domestic manufacturing footprint.
Modi also noted that semiconductors, AI and data centers will drive up electricity demand, and referred to the target of expanding nuclear generating capacity to 100 GW by 2047 — pairing semiconductor policy with power infrastructure.
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