AHMEDABAD: Prime Minister Narendra Modi on Tuesday inaugurated Kaynes Technology’s semiconductor manufacturing facility in Sanand, Gujarat, and said India is strengthening its role as a reliable semiconductor supplier in the global market.
He said that the opening of the facility reinforces India’s drive towards self-reliance, which represents a historic step in building a strong semiconductor ecosystem.
Modi also launched and allocated several infrastructure projects across Gujarat which are worth more than that $Rs 20,000 crore, covering roads, railways, power, water supply and urban development. He also inaugurated the Ahmedabad-Dholera Expressway, an access-controlled highway built at a cost of over $1,000. $5,100 Crores. “The day is not far when Gujarat will emerge as a very big renewable energy hub in the world,” Modi said while addressing a public gathering at Vav Tharad in Banaskantha district.
Built with an investment of approx $Worth Rs 3,300 crore under the India Semiconductor Mission, the Sanand plant has a production capacity of 6.33 million units per day. The Prime Minister said he had already secured export orders, making him operational from day one.
Modi said India’s decision to join the PAX Silica Initiative, a US-led strategic alliance to secure the global silicon supply chain among trusted partner countries including Japan, South Korea, the UK and Israel, is aimed at boosting supplies of the vital mineral.
Describing this development as a proud moment for an Indian company to join the global semiconductor supply chain, Modi said that this is not only a time of economic competition, but a time of shaping the future technological landscape.
The Prime Minister added: “With the commencement of production in this project, India is strengthening its role as a reliable supplier of semiconductors in the global market. In a sense, a new bridge has emerged today between Sanand and Silicon Valley; the factory in Sanand is now supplying smart power modules to a California-based company. Today is ‘Make in India, Make for the World’ day.”
India has launched the Semiconductor Mission in 2021, which is not just an industrial policy but a declaration of India’s confidence, Modi said. He added that India launched the Semiconductor Mission 2 in the last budget to make the country self-reliant in every sector of production.
India’s semiconductor market is currently valued at $50 billion and is expected to exceed $100 billion by the end of the decade, according to industry estimates cited by the Prime Minister.
Meanwhile, in Gandhinagar, Modi inaugurated the Samrat Samprati Museum on Koppa Tirth and criticized previous governments for neglecting India’s manuscript heritage.
Located in the Mahavir Jain Aradhana Kendra campus and supported by Torrent Group, the museum houses artefacts, manuscripts and historical collections related to Jainism. It is dedicated to Samrat Samprati Maharaj (224-215 BC), grandson of Samrat Ashoka, a Maurya ruler associated with the spread of non-violence.
Referring to the efforts to preserve manuscripts, the Prime Minister said that more than three hundred thousand documents have been collected and digitized under ongoing initiatives, and called for continued focus on protecting India’s cultural heritage.
