India Ignites Chip Production: Manufacturing Hub Emerges

India's ambition to build a robust domestic electronics and manufacturing ecosystem has taken a significant leap forward as its newly established semiconductor units have commenced commercial chip production. Secretary S Krishnan of the Ministry of Electronics and Information Technology announced this milestone, highlighting the steady progress of India's semiconductor program. With 10 projects already grounded and more approvals anticipated, the first phase is nearing full commitment, complemented by infrastructure upgrades.

Alongside the semiconductor drive, India is intensifying its focus on artificial intelligence adoption. Preparations for the India AI Impact Summit 2026 are underway, aiming to mobilize extensive participation from various agencies, industries, and stakeholders. This summit is deliberately named to emphasize AI's potential impact on economies and societies, with a clear objective of accelerating India's growth trajectory towards becoming a developed nation by 2047.

Krishnan noted the overwhelming interest from stakeholders, with over 400 pre-events organized to build momentum for the AI Summit. While acknowledging concerns about AI's impact on employment, he stressed that AI can enhance productivity and create new job opportunities. Innovation remains a core objective, guided by a spirit of responsibility, as all stakeholders converge to drive India's technological advancement.