Prime Minister Narendra Modi on Saturday announced that India will launch its first domestically manufactured semiconductor chip by the end of 2025, marking a major milestone in the country’s push for technological self-reliance. Speaking at The Economic Times World Leaders Forum, Modi also revealed that India is advancing rapidly in developing its own 6G network.

Acknowledging decades of missed opportunities in chipmaking, Modi said, “Semiconductor manufacturing could have started in India 50–60 years ago, but we missed that chance. Today, factories are coming up, and by the end of this year, the first Made-in-India chip will come in the market.”

The Prime Minister also spotlighted India’s growing electric vehicle (EV) industry, announcing plans to export EVs to 100 countries, with a major programme scheduled for August 26.

India’s Economic Strength and Reform Push

Positioning India as a key driver of global growth, Modi said the nation is poised to become the world’s third-largest economy, contributing nearly 20% of global growth. He cited a projected fiscal deficit of 4.4% and growing capital inflows as indicators of resilience.

He also underlined the government’s ongoing reform agenda, highlighting the replacement of outdated laws with modern frameworks across shipping, ports, and sports. A new National Sports Policy, he said, would strengthen India’s sports ecosystem.

Reform Despite Opposition

Responding to recent parliamentary disruptions, Modi stressed that the government’s reform drive remains firm. “Despite many disruptions created by the opposition, the government is engaged in reforms with full commitment,” he asserted.

The speech painted a vision of India as a nation ready to lead in technology, manufacturing, and economic growth, while reaffirming the government’s determination to deliver sweeping structural reforms.