At **SEMICON India 2024**, Prime Minister Narendra Modi emphasized India's ambition to become a global leader in semiconductor manufacturing. Here are the key highlights from his address:

At **SEMICON India 2024**, Prime Minister Narendra Modi emphasized India's ambition to become a global leader in semiconductor manufacturing. Here are the key highlights from his address:

1. **Investment in Semiconductor Manufacturing**: India has attracted over ₹1.5 lakh crore in investments toward developing its semiconductor industry. This is seen as a major step in positioning India as a global hub for chip manufacturing [[❞]](https://www.livemint.com/technology/tech-news/semicon-india-2024-indian-made-chips-to-investment-boost-5-key-takeaways-from-pm-modis-speech-11726041669059.html) [[❞]](https://www.zeebiz.com/india/news-semicon-india-2024-highlights-pm-narendra-modi-says-india-semiconductor-sector-on-brink-of-revolution-314332).

2. **Supply Chain Resilience**: Modi stressed the importance of strengthening supply chains, particularly after the disruptions caused by the COVID-19 pandemic. He highlighted India's efforts to build resilient supply chains in the semiconductor sector, reducing dependence on external markets [[❞]](https://www.livemint.com/technology/tech-news/semicon-india-2024-indian-made-chips-to-investment-boost-5-key-takeaways-from-pm-modis-speech-11726041669059.html).

3. **Vision for 'Indian-made Chips'**: The Prime Minister expressed his goal of seeing an Indian-made semiconductor chip in every electronic device globally, reflecting India's aspirations to dominate the global supply chain [[❞]](https://www.livemint.com/technology/tech-news/semicon-india-2024-indian-made-chips-to-investment-boost-5-key-takeaways-from-pm-modis-speech-11726041669059.html).

4. **India's 'Three-D Power'**: Modi attributed India’s success in the semiconductor industry to three key factors: a reformist government, a growing manufacturing base, and a tech-savvy market. He referred to this as India's "Three-D Power"—a combination driving the nation's semiconductor ambitions [[❞]](https://www.zeebiz.com/india/news-semicon-india-2024-highlights-pm-narendra-modi-says-india-semiconductor-sector-on-brink-of-revolution-314332).

5. **India's Role as a Semiconductor Powerhouse**: Modi assured global investors that India is committed to becoming a semiconductor powerhouse, highlighting the country’s supportive policies, reform-driven governance, and expanding ecosystem for innovation [[❞]](https://www.livemint.com/technology/tech-news/semicon-india-2024-indian-made-chips-to-investment-boost-5-key-takeaways-from-pm-modis-speech-11726041669059.html) [[❞]](https://www.zeebiz.com/india/news-semicon-india-2024-highlights-pm-narendra-modi-says-india-semiconductor-sector-on-brink-of-revolution-314332).

These initiatives, coupled with a strong support system from state governments, aim to transform India's semiconductor sector and make it a key player on the global stage.