Union Electronics and IT Minister Ashwini Vaishnav on Sunday said three more semiconductor plants under Semiconductor Mission 1.0 will be operational by the end of 2026.
Vaishnav’s announcement comes a day after Prime Minister Narendra Modi inaugurated US-based Micron’s Assembly, Test, Marking and Packaging (ATMP) facility in Sanand, Gujarat.
The first of 10 plants approved under Semicon 1.0 is now producing memory chips, while three more are set to produce before the year ends.
“The promise he (PM Modi) made to the country to bring the semiconductor industry to India, he has fulfilled that promise. This is the first step. Very soon, the second plant will also go into commercial production and after that, two more plants will come into production this year. In other words, out of the ten plants that have been approved, four will be inaugurated in 2026,” Vaishnav said at the inauguration of the Gujarat Semiconnect Conference 2026 in Gandhinagar.
The minister said artificial intelligence, semiconductors and electronics manufacturing will drive India’s next growth phase. “Today we stand at the point where India has moved from learning to walk to learning to run in the global technology race,” he said.
The minister said, with the launch of the Micron plant, India has achieved a special place on the global semiconductor map. After the success under SEMCON 1.0, he said, the government is ready to launch the second phase of the mission, the primary objective of which is to make India a global hub not only for manufacturing but also for design, machinery and talent.
The top priority for Semicon 2.0 will be to create a design ecosystem so that deep-tech startups can develop the next Qualcomm, Broadcom or Nvidia, he said.
He said that there is a need for complete semiconductor value chain in India. “It is important to have a well-established material, machine, equipment, testing and verification ecosystem in the country to make the foundation of the 20-year journey very strong,” he said, underlining that there is a global talent shortage in the semiconductor industry that India can help bridge.
He said, “There is expected to be a shortage of 2 million experts worldwide, and India will fill that gap. The country achieved the target of training 85,000 engineers in just four years, which was originally scheduled for ten years. Currently, students from 315 universities are designing actual chips. This network will be expanded to 500 universities, ensuring that youth from every state can get employment in this high-tech sector.”
The minister also said investment commitments of $250 billion have been made at the infrastructure level and $17 billion in deep-tech VC funding. By guaranteeing tax incentives till 2047, the government has provided policy stability, and as a result India’s IT industry will move beyond software services to lead the world in AI-based services.
He said, with its surplus power and clean energy, Gujarat has a strong opportunity to set up data centers that will help establish India as a global data hub.
He said that the electronics manufacturing sector has developed ₹2 lakh crores ₹Rs 12 lakh crore and 25 lakh people have got employment in the last ten years.
In his address, Chief Minister Bhupendra Patel said Gujarat is growing rapidly in the semiconductor and chip manufacturing sector – driven by policy stability, transparency, ease of doing business and political will.