New Delhi, September 2, 2025 — Prime Minister Narendra Modi declared that India is on course to secure a significant share of the $1 trillion global semiconductor market, positioning the nation as a full-stack semiconductor hub. Calling chips the “digital diamonds” of the 21st century, PM Modi said they have surpassed oil in strategic importance and predicted that “the day is not far when India’s smallest chip will drive the world’s biggest change.” Backing India’s rise, Dutch tech giant ASML has expressed interest in partnering with local industries to strengthen chipmaking infrastructure, signaling strong global confidence in India’s semiconductor journey. This bold leap underscores India’s ambition to transition from being a consumer to a global leader in designing, manufacturing, and exporting chips.
