Speaking in Madhya Pradesh, Shah described India’s entry into the semiconductor sector as both bold and strategic. He said the initiative reflects the country’s growing technological confidence and its determination to reduce dependence on imports in a field that is critical to modern economies. According to him, the long-term goal is not only to meet domestic demand but also to position India as an exporter of semiconductor products in the years ahead.
The Home Minister emphasized that the development of a strong semiconductor ecosystem would play a key role in strengthening India’s technological capabilities and enhancing its competitiveness on the global stage. He noted that semiconductors are central to a wide range of industries, from electronics and automobiles to defense and telecommunications, making the sector vital for national growth and security.
Shah also highlighted the economic impact of this push, stating that investments in the semiconductor industry are expected to generate significant employment opportunities and provide a boost to the broader economy. He said the move aligns with the government’s larger vision of building an self-reliant India while simultaneously integrating more deeply into global supply chains.
Concluding his remarks, Shah said India’s aggressive entry into the semiconductor space signals a shift in the country’s industrial trajectory. By focusing on high-value manufacturing and advanced technology, he said, India is laying the foundation for sustainable economic growth and a stronger role in the global technology landscape.
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