• About Us
  • Our Editorial Policy
  • Business Directory
  • Advertise with Us
  • Our Advertisers
  • Contact Us
Australia India News
India News Australia
  • Home
  • Current Issue
    Past Issue
  • India News
  • Politics
  • Business
  • World
    World This Week
  • Community News
  • What's On
  • Others
    Yoga in Australia News COVID-19 Community News Naari IPL News Health Travel Entertainment
  • Migrants Expo
  • National Events
  • Please wait..
India News News

PM Modi calls close timing of two semiconductor facilities ‘proof of India’s speed’

  • BY India News Newsdesk
  • March 31, 2026
  • 0 COMMENTS

Sanand (Gujarat), March 31 (IANS) Prime Minister Narendra Modi said on Tuesday that the start of production at Kaynes Semicon’s OSAT facility in Sanand demonstrates the speed and growth of India’s semiconductor ecosystem and its increasing integration with global supply chains.

Speaking at the inauguration of the plant, the Prime Minister noted the close timing of developments in the sector.

“On February 28, production began at Micron Technology’s facility, and today, on March 31, production will start here at Kaynes,” he said.

“This is not a coincidence but proof of the speed of India’s semiconductor ecosystem.”

He recalled his visit to Sanand at the end of the previous month, saying, “I was in Sanand on the last day of last month, and today I am here on the last day of this month as well.”

He added, “Earlier today, I attended a ‘divine’ programme, and now I am present at a ‘digital’ programme.”

PM Modi said it is encouraging that an Indian company has entered semiconductor manufacturing.

“I am pleased that an Indian company has shown interest in making semiconductor chips, and Kaynes will become a participant in the global supply chain,” he said, adding that in the coming days, many Indian companies will collaborate globally to build resilient semiconductor supply chains.

He said the initiative aligns with “Make in India, Make for the World” and strengthens India’s role in the global market.

Describing the development as a “new bridge between Sanand and Silicon Valley,” he said the plant will supply Intelligent Power Modules (IPMs) to a California-based company.

“A major chunk of the chips being produced is already booked for exports,” he said.

The Prime Minister noted that modules manufactured in Sanand will reach US companies and contribute to global industrial and electric vehicle ecosystems.

“These Intelligent Power Modules will give strength to the electric vehicle ecosystem and heavy industries in India and across the world,” he said, calling the global partnerships “the strongest foundation for the world’s better future”.

Set up with an investment of about Rs 3,300 crore, the facility is an outsourced semiconductor assembly and test (OSAT) plant with a planned production capacity of 6.3 million units per day.

PM Modi highlighted India’s domestic capabilities, mentioning the development of advanced microprocessors such as ‘Dhruv64’ for sectors including 5G infrastructure, automotive electronics and industrial automation.

He also described efforts to build a skilled workforce, noting that more than 85,000 design professionals will be trained, over 400 universities and start-ups have access to advanced design tools, and more than 55 chips have been designed.

He said India’s semiconductor market is currently valued at $50 billion (Rs 4 lakh crore) and is expected to exceed $100 billion (Rs 9 lakh crore) by the end of the decade.

“Our target is to make most of our required chips in India,” he said, adding that the country is working to improve ease of doing business, manufacturing and logistics, while promoting innovation in AI and expanding private sector participation in the space sector.

–IANS

mys/uk

Post navigation

Maharashtra govt transfers 10 IAS officers
A collective duty to lead NCP of Ajitdada’s dreams, says Sunil Tatkare

Related Post

Karnataka leadership crisis: Congress high command summons CM Siddaramaiah to Delhi
May 25, 2026
Karnataka leadership crisis: Congress high command summons CM Siddaramaiah to Delhi
May 25, 2026
Karnataka leadership crisis: Congress high command summons CM Siddaramaiah to Delhi
May 25, 2026
Karnataka leadership crisis: Congress high command summons CM Siddaramaiah to Delhi
May 25, 2026

Our Current Issue

Australia IA – May 16-31, 2026

Alluring India 2026

Alluring India 2026

Our Advertisers

  • Battery Rebate australia
  • Bess Australia Solar Panels

Follow Us

  • facebook
  • facebook
  • facebook
  • facebook
INDIA NEWS on YouTube in Australia, bring to our readers and subscribers national and international news, editorials, expert columns, community activities and interviews of political leaders, celebrities, business professionals, academics and sport personalities among others.
  • facebook
  • facebook
  • facebook
  • facebook

Category

  • Accident
  • Adani Australia
  • Advertorial
  • Arts & Culture
  • Ashes 2022
  • Australia

Recent News

  • IPL 2026: Rahul, Ngidi, Kuldeep help DC...
  • IPL 2026: Rahul, Ngidi, Kuldeep help DC...

Subscribe Newsletter

Get the latest creative news from india news

  • Privacy Policy
  • Disclaimer