Thu Sep 12 01:30:19 UTC 2024: ## India Aims to Become Global Chip Supplier, Modi Calls for Investment
**New Delhi, India** – Prime Minister Narendra Modi has announced his ambition to see “India-made chips” integrated into every device across the globe. During a recent address, Modi highlighted the favorable business climate and recent chip investments that are accelerating the sector’s growth in India. He emphasized that “This is the right time to be in India,” citing the country’s supportive policies and ease of doing business.
While talk of local chip manufacturing has been prevalent since the 1990s, recent developments have significantly increased India’s chances of becoming a leading global chip supplier. The government’s substantial public investment into the sector has been a major driving force.
Beyond economic benefits, the government’s push for self-sufficiency in chip production is also driven by global geopolitics. With supply chains facing disruptions, countries are prioritizing domestic chip production to ensure security.
However, achieving India’s chip potential is not without its challenges. While the government promises a supportive business environment, translating that promise into reality will require consistent and dedicated efforts.
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