PM Modi Announces: India’s First Semiconductor Chip by Year-End, Nation on Track to Become Third-Largest Economy

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PM Modi: India is swiftly approaching a technology revolution today. During the Economic Times World Leaders Forum 2025, Prime Minister Narendra Modi made an announcement that sparked a surge of pride and excitement among his fellow citizens. India’s first Made in India semiconductor chip will hit the market by the end of the year, according to PM Modi. In addition to being a technological accomplishment, this represents India’s increasing independence and competitiveness in the world market.

India’s technological advancement and the dream of 6G

PM Modi
PM Modi Announces: India’s First Semiconductor Chip by Year-End, Nation on Track to Become Third-Largest Economy 4

During his speech, PM Modi also mentioned how quickly India is developing 6G technology. He claimed that although the nation had lost out on opportunities in Semiconductor Chip manufacture during the previous 50–60 years, things have now fully altered. The nation has begun building Semiconductor Industry plants, which will position India prominently on the world technology map in the near future.

New leap in the economy

According to Prime Minister Modi, India’s economy would soon surpass all others as the world’s third largest. In addition, India is working to become a developed country by 2047. He added that the government is committed to reforms and that they are not only necessary. He specifically discussed enacting the GST reform before to this Diwali, which would simplify the legislation and assist the general public by lowering prices.

Appeal for investment in private sector

Additionally, PM Modi urged the business sector to help shape the nation’s destiny. According to him, more money needs to be spent on biotechnology, new materials, battery storage, sustainable energy, and quantum technology. He thinks that this investment will not only help businesses but also significantly contribute to the nation’s growing economic and technological might.

Reforms will increase employment and manufacturing

According to the Prime Minister, India’s manufacturing and demand will both rise as a result of the new reforms. Employment opportunities will be generated, and industries will gain new impetus. “Reform, Perform, Transform” is the government’s motto, he added, and by working in this direction, India may pull the world out of its poor development rate.

Future Vision and Self-Reliant India

PM Modi
PM Modi Announces: India’s First Semiconductor Chip by Year-End, Nation on Track to Become Third-Largest Economy 5

Additionally,Prime Minister Narendra Modi sent the message that India will not be content to merely become a dominant economic force. The nation’s younger generation is becoming ready to compete on a global scale in the areas of manufacturing, innovation, and technology. 6G, semiconductor chips, and other technological advancements demonstrate how rapidly India is advancing toward independence.

Disclaimer: The information given in this article is based on public sources and government announcements. Changes in plans and dates are possible over time.

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