NEW DELHI: Prime Minister Narendra Modi on Tuesday inaugurated a Rs 3,300 crore semiconductor plant by Kaynes Technology at Sanand GIDC in Ahmedabad, marking the second such facility in the country taking forward semiconductor manufacturing plans.The plant is part of the semiconductor mission and is expected to strengthen domestic chip production capacity. Speaking at the event PM Modi asserted India’s broader ambitions in the sector, saying the country is positioning itself as a reliable player in the global semiconductor supply chain. He added that India is not just witnessing global changes but is preparing to lead them, and pointed to the launch of Semiconductor Mission 2 in the latest budget to boost self-reliance across production sectors, according to PTI. “India of 21st century not merely witness to change, but is moving forward with resolve to lead that change. We launched Semiconductor Mission 2 in last budget to make India self-reliant in every sector of its production,” PM said. The Prime Minister also said India’s decision to join the Pax Silica initiative would help strengthen access to critical minerals essential for semiconductor manufacturing, according to PTI.According to Gujarat science and technology minister Arjun Modhwadia, the facility will manufacture over 7 lakh chips per day. Speaking ahead of the launch on Monday, he said, “In the semiconductor manufacturing chain, Prime Minister Narendra Modi will tomorrow inaugurate a Rs 3,300 crore Kaynes Semicon plant in Sanand. This will be the second plant in the series, and the facility will manufacture more than 7 lakh chips per day.”He added, “With this second unit, we are entering the era of this futuristic industry. The USP of the Prime Minister has been his ability to turn challenges into opportunities,” he told ANI.The inauguration comes weeks after PM Modi launched the Micron semiconductor plant in February. Referring to the pace of that project, he said, “The MoU for this facility was signed in June 2023, the foundation stone was laid in September, and by February 2026, commercial production had already begun. Even in developed countries, such approvals and processes take years, but India has completed this seemingly impossible task in just 900 days. When intentions are clear, and dedication is towards rapid national development, policies become decisive, and decisions gain momentum naturally,” reported ANI. Earlier in the day, Modi also inaugurated the Samrat Samprati Museum at Koba Tirth in Gandhinagar on the occasion of Mahavir Jayanti. Named after Samrat Samprati, the grandson of Ashoka, the museum focuses on the historical and cultural legacy of Jainism.About the AuthorTOI News DeskThe TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront of gathering, verifying, and presenting breaking news, in-depth analysis, and insightful reports on a wide range of topics. 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NEW DELHI: Prime Minister Narendra Modi on Tuesday inaugurated a Rs 3,300 crore semiconductor plant by Kaynes Technology at Sanand GIDC in Ahmedabad, marking the second such facility in the country taking forward semiconductor manufacturing plans.The plant is part of the semiconductor mission and is expected to strengthen domestic chip production capacity. Speaking at the event PM Modi asserted India’s broader ambitions in the sector, saying the country is positioning itself as a reliable player in the global semiconductor supply chain. He added that India is not just witnessing global changes but is preparing to lead them, and pointed to the launch of Semiconductor Mission 2 in the latest budget to boost self-reliance across production sectors, according to PTI. “India of 21st century not merely witness to change, but is moving forward with resolve to lead that change. We launched Semiconductor Mission 2 in last budget to make India self-reliant in every sector of its production,” PM said. The Prime Minister also said India’s decision to join the Pax Silica initiative would help strengthen access to critical minerals essential for semiconductor manufacturing, according to PTI.According to Gujarat science and technology minister Arjun Modhwadia, the facility will manufacture over 7 lakh chips per day. Speaking ahead of the launch on Monday, he said, “In the semiconductor manufacturing chain, Prime Minister Narendra Modi will tomorrow inaugurate a Rs 3,300 crore Kaynes Semicon plant in Sanand. This will be the second plant in the series, and the facility will manufacture more than 7 lakh chips per day.”He added, “With this second unit, we are entering the era of this futuristic industry. The USP of the Prime Minister has been his ability to turn challenges into opportunities,” he told ANI.The inauguration comes weeks after PM Modi launched the Micron semiconductor plant in February. Referring to the pace of that project, he said, “The MoU for this facility was signed in June 2023, the foundation stone was laid in September, and by February 2026, commercial production had already begun. Even in developed countries, such approvals and processes take years, but India has completed this seemingly impossible task in just 900 days. When intentions are clear, and dedication is towards rapid national development, policies become decisive, and decisions gain momentum naturally,” reported ANI. Earlier in the day, Modi also inaugurated the Samrat Samprati Museum at Koba Tirth in Gandhinagar on the occasion of Mahavir Jayanti. Named after Samrat Samprati, the grandson of Ashoka, the museum focuses on the historical and cultural legacy of Jainism.
