India strengthening its role as reliable semiconductor supplier in global market, says PM Modi

Prime Minister Narendra Modi inaugurated Kaynes Semicon’s outsourced semiconductor assembly and testing facility in Sanand on Tuesday (March 31, 2026) and said it strengthens India’s role as a reliable semiconductor supplier in the global market.

He said the opening of the facility strengthens India’s drive towards self-reliance and is an important step in creating a robust semiconductor ecosystem.

Mr Modi said India’s decision to join the Pax Silica initiative was aimed at strengthening the supply of critical minerals.

Terming this development as a moment of pride as an Indian company joins the global semiconductor supply chain, Mr. Modi said this is not just a time for economic competition but also a time to shape the future technology landscape.

The Prime Minister said, “With the start of production on this project, India is further strengthening its role as a reliable semiconductor supplier in the global market. Today, in a sense, a new bridge has emerged between Sanand and Silicon Valley; the factory in Sanand is now supplying Smart Power Modules to a California-based company.”

Mr. Modi said India launches Semiconductor Mission in 2021; This is not just an industrial policy but also a statement of India’s confidence.

“India launched Semiconductor Mission 2 in the last budget to make the country self-reliant in every sector of manufacturing,” he added.