During his Independence Day address, Indian Prime Minister Narendra Modi announced that India is poised to unveil its first locally manufactured semiconductor chip by the end of 2025. Acknowledging the nation's historical lag in the semiconductor industry, Modi emphasized that India has now transcended past constraints and embarked on a "mission mode" approach to expedite industrial growth. Presently, six chip projects are actively under development, with an additional four projects having secured approval. The Prime Minister further exhorted the youth of India to foster local software and social media platforms, thereby reducing reliance on external entities.
