Modi Urges Global Chipmakers To Choose India

08 Sep 2025 CW Team

On Wednesday, Modi held a CEO roundtable with top executives from companies such as ASML, Tata Electronics, Applied Materials, and AMD, alongside leaders from global and Indian semiconductor sectors and policy think tanks. The session took place on the sidelines of India Semicon 2025, where participants were invited to share insights and expectations from the upcoming second phase of the India Semiconductor Mission (ISM).

“There were around 20 to 25 attendees, including CEOs, industry leaders, and ministry officials. Each speaker had 2–3 minutes to provide feedback or present ideas on enabling the sector’s growth in India,” said one participant.

According to officials, the Prime Minister was keen to understand what had worked during Phase 1 of the ISM, and what adjustments would be required to better support the ecosystem in Phase 2.

Senior officials from the Ministry of Electronics and Information Technology presented a review of India's semiconductor journey so far. The country now has 10 approved chip manufacturing and packaging units, with a total committed investment of USD 18 billion (around Rs 1.5 trillion).

The government’s pitch centres around a stable, predictable policy regime and a growing base in design, packaging, start-ups, and semiconductor skills. Modi’s message to the industry was clear: India is ready to scale from “paperwork to wafer work.”

Earlier in the day, the Prime Minister visited the India Semicon 2025 exhibition halls, engaging directly with senior industry representatives. He interacted with ASML CEO Christophe Fouquet, Applied Materials' Prabu Raja, Tata Electronics’ Randhir Thakur and Srinivas Satya, among others, who shared insights on both global and Indian supply chain dynamics.

India’s Rs 760 billion Semiconductor Mission, launched in December 2021, is nearly fully committed. So far, it has approved one chip fabrication unit, one compound semiconductor fab, and eight OSAT/ATMP (Outsourced Semiconductor Assembly and Testing / Assembly, Testing, Marking and Packaging) units.

Inaugurating the event on Tuesday, Modi acknowledged India’s late entry into the semiconductor sector but asserted that the country is now fully geared for transformation. Echoing this sentiment, Union Minister Ashwini Vaishnaw emphasised that India’s economic stability, even amid global uncertainty, makes it a reliable investment destination.

The interaction marks a significant step as India looks to position itself as a global semiconductor manufacturing hub, backed by strong policy support, talent, and investor confidence.

Prime Minister Narendra Modi has called on leading global semiconductor companies to consider India as their next manufacturing destination, reinforcing the country’s commitment to building a robust and future-ready semiconductor ecosystem.On Wednesday, Modi held a CEO roundtable with top executives from companies such as ASML, Tata Electronics, Applied Materials, and AMD, alongside leaders from global and Indian semiconductor sectors and policy think tanks. The session took place on the sidelines of India Semicon 2025, where participants were invited to share insights and expectations from the upcoming second phase of the India Semiconductor Mission (ISM).“There were around 20 to 25 attendees, including CEOs, industry leaders, and ministry officials. Each speaker had 2–3 minutes to provide feedback or present ideas on enabling the sector’s growth in India,” said one participant.According to officials, the Prime Minister was keen to understand what had worked during Phase 1 of the ISM, and what adjustments would be required to better support the ecosystem in Phase 2.Senior officials from the Ministry of Electronics and Information Technology presented a review of India's semiconductor journey so far. The country now has 10 approved chip manufacturing and packaging units, with a total committed investment of USD 18 billion (around Rs 1.5 trillion).The government’s pitch centres around a stable, predictable policy regime and a growing base in design, packaging, start-ups, and semiconductor skills. Modi’s message to the industry was clear: India is ready to scale from “paperwork to wafer work.”Earlier in the day, the Prime Minister visited the India Semicon 2025 exhibition halls, engaging directly with senior industry representatives. He interacted with ASML CEO Christophe Fouquet, Applied Materials' Prabu Raja, Tata Electronics’ Randhir Thakur and Srinivas Satya, among others, who shared insights on both global and Indian supply chain dynamics.India’s Rs 760 billion Semiconductor Mission, launched in December 2021, is nearly fully committed. So far, it has approved one chip fabrication unit, one compound semiconductor fab, and eight OSAT/ATMP (Outsourced Semiconductor Assembly and Testing / Assembly, Testing, Marking and Packaging) units.Inaugurating the event on Tuesday, Modi acknowledged India’s late entry into the semiconductor sector but asserted that the country is now fully geared for transformation. Echoing this sentiment, Union Minister Ashwini Vaishnaw emphasised that India’s economic stability, even amid global uncertainty, makes it a reliable investment destination.The interaction marks a significant step as India looks to position itself as a global semiconductor manufacturing hub, backed by strong policy support, talent, and investor confidence.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Infrastructure Energy

07 Nov 2025

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Equipment

07 Nov 2025

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..