Prime Minister Narendra Modi on Friday, March 1, 2024, asserted that the country will emerge as a global hub in semiconductor manufacturing after the Cabinet on February 29 approved the setting up of three semiconductor units in India.
"With the Cabinet approval of 3 semiconductor units under the India Semiconductor Mission, we are further strengthening our transformative journey towards technological self-reliance. This will also ensure India emerges as a global hub in semiconductor manufacturing," PM Modi said in a post on X.