The Prime Minister of India, Narendra Modi, told a gathering of young technologists in New Delhi that the country’s youth will drive the next wave of artificial intelligence, robotics and technology innovation, citing the growing domestic semiconductor industry as a key enabler. Modi highlighted the launch of a new “Made in India” chip manufacturing initiative, emphasizing that local production would reduce dependence on foreign suppliers and unlock new opportunities for India’s growing tech ecosystem.
Modi said that the government has approved a ₹45 billion (US$600 million) investment to set up a new semiconductor fabrication plant in Maharashtra, which will produce advanced chips for AI and robotics applications. “The youth of India have the vision, the skill, and the determination to lead the world in technology,” he said. “With domestic chips, we can build the infrastructure needed for next‑generation AI and robotics, and we can create thousands of high‑skill jobs.”
The Prime Minister also noted that the new chip plant will be part of a broader strategy to make India a global hub for semiconductor design and manufacturing. He said that the government would also provide incentives for research and development in AI and robotics, and would support start‑ups that develop hardware and software solutions for emerging technologies.
Modi’s remarks followed the announcement by the Ministry of Electronics and Information Technology that it will create a new “Make in India” semiconductor cluster in the state of Gujarat, with the aim of producing 30 % of India’s total chip demand by 2030. The cluster will include facilities for design, fabrication, and testing, and will be supported by tax incentives and funding for research.
The Prime Minister’s comments come as India seeks to reduce its reliance on imported chips, which have been in short supply amid global supply‑chain disruptions. According to the Ministry of Electronics, India imported about 90 % of its semiconductor needs in 2023, with the majority coming from the United States, Taiwan, and South Korea.
The new chip initiative is expected to create an estimated 50,000 jobs in the semiconductor sector by 2035, according to a government report. Modi said that the initiative would also support the development of a domestic ecosystem for robotics, autonomous vehicles, and AI‑powered services.
The Prime Minister concluded by urging young Indians to pursue careers in science, technology, engineering and mathematics (STEM) and to take advantage of the new opportunities that the domestic chip industry will create.
Analysis: The announcement of a large domestic semiconductor investment signals a significant shift in India’s technology strategy. By reducing import dependence, the government aims to insulate critical industries from global supply‑chain shocks. The focus on AI and robotics aligns with global trends that view these fields as drivers of future economic growth. However, the success of the initiative will depend on attracting skilled talent, fostering innovation ecosystems, and ensuring that the new facilities can compete with established global players in terms of technology and cost.
Sources
– “Youth Will Power AI, Robotics, Tech Revolution With Made In India Chips: PM.” FintechBizNews.com, accessed July 5, 2026. https://news.google.com/rss/articles/CBMivwFBVV95cUxNVE1mSWVDckNuc1E1OFRocENRR3BHX2N1Qlp5TXdxT25JZFlWRkp6Q2kzdHU3SGhUNHZMMjhjOHFHamRYNWk2T3UyVjB3NG1COTYyNXliMTFQMFVZYXFXb0xEdFVTYXF5b2Q0OTE5dU0wcHpvOUxGaTQwaWJHMmVjampSczFCcHNRb3pwMkt6blZqZm9JOXhVNnUwalgzWkk1a1l6cTdiYTU2cnFJMl96SjAya1N3RVZxTUJMWWpESQ?oc=5
Story synopsis gathered from: Google News India Technology — source
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