'India Shaping its Chip Industry'; India's journey into the realm of semiconductors began with a promising start in the 1980s. However, the nation gradually became heavily reliant on imports, a vulnerability that was starkly exposed during the COVID-19 pandemic. As global supply chains faltered, the disruption highlighted the urgent need for self-sufficiency in critical technologies.

Recognizing the strategic importance of semiconductor technology, the Prime Minister has made a resolute commitment to making India self-reliant in this sector. This strategic decision is driven by the understanding that our dependence on foreign nations can have far-reaching implications for both economic stability and national security.

To foster a conducive environment for growth and innovation in the semiconductor industry, the government has taken proactive steps to revise its national electronics policy. These policy reforms aim to attract investments, incentivize domestic manufacturing, and create a robust ecosystem for semiconductor design, fabrication, and testing.

Furthermore, the government is actively investing in research and development to advance critical and emerging technologies. By supporting innovation and nurturing talent, India seeks to bridge the technology gap and establish itself as a global leader in semiconductor technology.

To accelerate progress and leverage global expertise, India is forging strategic partnerships with other countries. These collaborations aim to share knowledge, technology, and resources, fostering a collaborative approach to semiconductor development. By working together with international partners, India can expedite the development of its semiconductor industry and achieve its goal of self-reliance.

The efforts undertaken today are not merely a response to a crisis but a vision for sustainable growth. As India embarks on this ambitious journey, the future of its semiconductor industry appears promising. With a strong foundation of policy support, technological advancements, and international partnerships, India is well-positioned to become a major player in the global semiconductor landscape.